Paris Jackson, the 27-year-old daughter of the late King of Pop Michael Jackson, is reportedly spending her inheritance at an alarming rate. Court filings and insider accounts suggest that the model and musician has received more than $65 million from her father’s estate and may be “burning through it faster than Michael ever did.”
Paris Jackson spending her dad Michael’s money
Paris Jackson has reportedly received approximately $65 million in benefits from her late father’s estate since he died in 2009. While she’s currently locked in a legal dispute with the estate’s executors, Shutter Scoop sources allege she’s living a lavish lifestyle complete with private jets, designer fashion, and luxury vacations. “The girl’s living like a rock star,” one insider claimed. “Private jets, designer clothes, five-star trips — she’s burning through millions.”
The claims come as Paris challenged the estate’s attorneys, John Branca and John McClain, accusing them of awarding “premium payouts” to law firms from Michael Jackson’s fortune. Her lawyers argue that over $625,000 was paid in “uncaptured time” without proper justification. The executors, however, have dismissed her claims, insisting that all payments were for “extraordinary services and results.”
Michael Jackson’s estate, once buried under $500 million in debt at the time of his 2009 death, is now estimated to be worth close to $2 billion. Executors credit their business judgment for transforming the estate into a global powerhouse. “Few have benefited more from the Executors’ business judgment than Petitioner herself,” one filing stated. “She would have never received that had the Executors followed a typical playbook for an estate like this one in July 2009” (via PEOPLE).
Reported court records show that Paris Jackson received a yearly allowance exceeding $3.2 million between 2021 and 2022, covering rent, travel, and music-related expenses. By comparison, her brother Prince reportedly received $2.1 million, while their youngest sibling, Bigi, got $1.05 million during the same period (via Us Weekly).
Originally reported by Devanshi Basu on Mandatory.
