Michael Jackson’s daughter reportedly receives $65M as benefit from father’s estate

Paris Jackson, daughter of the late legendary singer, Michael Jackson, has reportedly received $65 million in benefit from her father’s estate.

Advertisment

‎It would be recalled that Michael Jackson passed away on June 25, 2009, at the age of 50, due to cardiac arrest.

‎Details Of Micheal Jackson’s Estate

Advertisment

‎According to a report from E! News, the payment comes 27 months after Paris Jackson filed a petition against law firms in charge of Michael Jackson’s wealth over their premium payouts.

Advertisment

READ THIS  “The one I choose to love” – Mitchel Ihezue lavishes praises on husband

‎ E! News reports thar Paris Jackson received $65 million in benefits from Michael Jackson’s estate, as stated in a court filing made on October 9, 2025, by the estate’s executors.

Notably, Michael Jackson was  in over $500 million debt at the time of his passing on June 25, 2009.

Advertisment

‎At the time, $500 million in debt, accruing $30 million in interest annually.

‎This debt included $40 million owed to AEG Live for his This Is It residency and loans against his music catalog, Mijac Music.

Advertisment

READ THIS  Nigerian couple welcome their first child after 18 years of waiting (Photos)

However under the management of executors John Branca and John McClain, Jackson’s estate has undergone a remarkable transformation.

Advertisment

Through the sale of a portion of his music catalog to Sony for $600 million, the estate’s value has grown to over $2 billion as of 2025.

Advertisment

Meanwhile, Paris Jackson is yet to break her silence on the $65 million payment received from her father’s estate.

Advertisment

Advertisment

Check Also

“My heart is broken” – Regina Daniels’ mother laments as she shares son’s condition

Nollywood actress Rita Daniels has taken to social media to express deep sorrow over the …

Leave a Reply

Your email address will not be published. Required fields are marked *

Discover more from Fastrumours

Subscribe now to keep reading and get access to the full archive.

Continue reading