Prince Jackson Net Worth
Prince Jackson has an estimated net worth of $100 million. Michael Joseph Jackson Jr., nicknamed “Prince,” is the first child of the late pop star Michael Jackson. The majority of his wealth is attributed to his inheritance from Michael Jackson’s estate.
Michael Joseph Jackson Jr., also known as “Prince,” is Michael Jackson’s first child. Debbie Rowe, Jackson’s ex-wife, is his biological mother. After Rowe and Jackson divorced in 1999, Rowe signed over custody of Prince and his sister, Paris Michael Katherine.
To calculate the net worth of Prince Jackson, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he 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 his net worth:
|Net Worth:||$100 Million|
|Monthly Salary:||$70 Thousand+|
|Annual Income:||$1 Million|
|Source of Wealth:||Michael Jackson’s Estate|
Prince was born in Los Angeles, California on February 13, 1997. He is the first child of Michael Jackson, the late pop singer, and Debbie Rowe, his ex-wife. Rowe signed over custody of Prince and his sister, Paris Michael Katherine Jackson, following her divorce from Michael in 1999. Prince Michael “Blanket” Jackson is Prince and Paris’s youngest sibling.
Although Rowe is certain to be Prince’s biological mother, the identity of his biological father is unknown. Despite public interest, Prince doesn’t understand why the subject is a problem. “Every time someone asks me that, I think to myself, ‘What’s the point?’ ‘Does it really make a difference?’ Specifically to someone who is not a part of my life. What impact does this have on your life? It makes no difference to me “In 2017, he told Rolling Stone.
Father’s Death and Later Years
Michael died on June 25, 2009, at the age of 50, after suffering a cardiac arrest at his home in Los Angeles. Following the death of his father, Prince, who was 12 at the time, was placed under the legal guardianship of his grandmother, Katherine Jackson. Katherine was appointed as Prince and his siblings’ legal guardian.
Prince and his siblings have largely avoided the public eye since Michael’s death, with the exception of accepting a posthumous Lifetime Achievement Award for their father at the 2010 Grammy Awards.
An official coroner’s report on Michael’s death was released in February 2010, revealing that the singer died from acute propofol intoxication. Michael had used this drug and others to help him sleep at night, with the help of his personal physician, Dr. Conrad Murray. Murray’s actions while caring for Michael Jackson were scrutinized further after a police investigation revealed that he was not licensed to prescribe most controlled drugs in California. Murray was found guilty of homicide in Michael’s death on November 7, 2011, and received a four-year prison sentence.
The Jackson family decided to sue A.E.G. Live, the entertainment company that promoted Michael’s planned comeback series, “This Is It,” in 2009, believing that the company had failed to adequately protect the singer while he was in Murray’s care.
Katherine and Prince, Paris, and Blanket officially filed a wrongful death lawsuit against A.E.G., and the trial began in April 2013. Lawyers sought up to $1.5 billion in damages in the case — an estimate of what Michael could have earned in the months since his death if he had been alive — but in October 2013, a jury determined that A.E.G. was not responsible for Michael’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.
Foray into Entertainment
Prince made his first appearance as a media personality in 2013. He was a guest correspondent for Entertainment Tonight and has expressed a desire to become more involved in the entertainment industry, saying, “I’m looking to become well-rounded as a producer, director, screenwriter, and actor.”
“Music is a big part of my life,” Prince has said. “It shaped who I am because of my family, but I’ve always wanted to work in the entertainment industry.” “When my father asked what I wanted to do, I always said producing and directing,” he told the Los Angeles Times in 2016.
Prince graduated from the prestigious Buckley School in Sherman Oaks, California, in May 2015, and from Loyola Marymount University in Los Angeles with honors in May 2019.
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