Paris Jackson Net Worth
Paris Jackson has an estimated net worth of $100 million. Paris Jackson is the second child and only daughter of pop legend Michael Jackson. The majority of her wealth is attributed to her inheritance from Michael Jackson’s estate.
Paris Jackson is the only daughter of Michael Jackson, the late pop legend. Debbie Rowe, Jackson’s ex-wife, signed over custody of Paris — as well as her son, Paris’ brother Prince Jackson — to Jackson following the couple’s divorce in 1999. Blanket “Bigi” Jackson is Paris and Prince’s youngest sibling.
To calculate the net worth of Paris Jackson, subtract all her liabilities from her total assets. Investments, savings, cash deposits, and any equity she has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.
Here’s the breakdown of her net worth:
|Net Worth:||$100 Million|
|Monthly Salary:||$1 Million|
|Annual Income:||$10 Million|
|Source of Wealth:||Actor, TV Personality|
Jackson went into cardiac arrest at his Los Angeles home on June 25, 2009, and died shortly after being taken to a nearby hospital. Paris was 11 years old at the time of her father’s death. As a result of her father’s will, Paris and her brothers were placed in the legal custody of their grandmother, Katherine Jackson.
An official coroner’s report on Jackson’s death was released in February 2010, revealing that the singer died from acute propofol intoxication. Jackson had used the drug, among other things, to help him sleep, with the help of his personal physician, Dr. Conrad Murray. A police investigation later revealed that Murray was not licensed to prescribe most controlled medications in California, and the doctor’s actions as Jackson’s caretaker were therefore scrutinized further. Murray was found guilty of homicide on November 7, 2011, and was sentenced to four years in prison.
The Jackson family decided to sue A.E.G. Live, the entertainment company that promoted Jackson’s planned comeback concerts in 2009. They believed the company had failed to adequately protect the singer while he was in Murray’s care.
Katherine and Paris, Prince, and Blanket officially filed a wrongful death lawsuit against A.E.G., and the trial began in April 2013. In the case, lawyers sought up to $1.5 billion — an estimate of what Jackson could have earned in the months since his death if he were still alive. A jury ruled in October 2013 that A.E.G. was not responsible for Jackson’s death. “While Michael Jackson’s death was a terrible tragedy, it was not the fault of A.E.G. Live,” said A.E.G.’s lawyer, Marvin S. Putnam.
Paris, Prince, and Blanket had largely avoided the spotlight since their father’s death, making only a few public appearances. Paris and her brothers, on the other hand, spoke to their father’s fans at his funeral in 2009, and again in January 2010, when they accepted a posthumous Lifetime Achievement Award for Jackson at the 2010 Grammy Awards.
Paris appeared as a guest on Oprah Winfrey’s Next Chapter in June 2012, where she discussed her father, her childhood, and her experience as a victim of cyberbullying.
Personal Life and Troubles
Several media outlets reported in early June 2013 that emergency responders were called to Paris’ home following a possible suicide attempt. According to People.com, Paris was hospitalized after “cutting her wrists with a kitchen knife and taking up to 20 ibuprofen tablets.” She received treatment following this incident (she had previously attempted suicide) and has since been able to resume her life.
In 2017, she told Rolling Stone, “It was just self-hatred.” “Low self-esteem, believing that I couldn’t do anything right, believing that I was no longer worthy of living.”
Paris appeared to be in a much better place in her life by 2015. She began dating Chester Castellaw, but the couple split up soon after. She moved out of her grandmother’s house and into her father’s old estate, where she converted his private studio into an apartment. Meanwhile, she began dating musician Michael Snoddy, which ended in early 2017.
A Los Angeles court granted Paris a temporary restraining order against a man she claimed was stalking her in July 2018. According to court documents, the accused stalker approached Jackson outside of her recording studio, stated that he had been waiting for her for a long time, and refused to leave. The man also mentioned a shotgun, claiming that “it will all be over by midnight.”
Paris revealed on Instagram Story two months later that she had undergone surgery to remove “an abscess almost the size of a golf ball.” Despite her discomfort, she was able to perform with her band, the Soundflowers, the next day.
Acting and Modeling Career
Paris has come into her own as a young adult, appearing at many red carpet events and attempting modeling and acting. She is known for her piercing ice-blue eyes and beauty.
She signed with IMG Models in 2017 and landed her first acting role on FOX’s Star, which was produced and directed by Lee Daniels. She starred in the 2018 film Gringo.
Paris will release her first full-length album, wilted, on November 13, 2020. Rolling Stone, USA Today, Spin, and Entertainment Weekly, among other publications, praised the lead single, “let down.”
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