In a startling revelation that challenges public perception, Paris Jackson has openly discussed her financial situation regarding her legendary father's estate. The 26-year-old model and musician has set the record straight about what she actually receives from Michael Jackson's vast financial empire.
The Truth Behind the Fortune
Contrary to popular belief, Paris Jackson receives no regular payments or allowances from the Michael Jackson Estate. During a candid conversation on the 'Julius and Chandon' podcast, the youngest daughter of the King of Pop explained: "People think I get paid for being a Jackson, but I don't get anything from my father's estate."
Building Her Own Path
Paris emphasised that she's determined to carve her own career rather than relying on family wealth. "I've been working since I was 14 or 15," she revealed, highlighting her modelling contracts, music career, and acting roles as her primary income sources.
The estate, valued at approximately $2 billion according to recent estimates, continues to generate substantial revenue from music royalties, merchandise, and the ongoing success of Broadway's 'MJ: The Musical'. However, Paris maintains her financial independence from these earnings.
Family Dynamics and Public Perception
Paris addressed the common misconception that she lives off her father's legacy, stating she understands why people might assume she benefits directly from the estate. "It's a fair assumption," she acknowledged, "but it's just not the reality of the situation."
Her brother Prince Jackson, 27, has also pursued his own career path, working in entertainment production and co-owning a coffee company, while their older brother, Bigi, maintains a notably private life.
The Estate's Current Management
The Michael Jackson Estate remains under the control of co-executors John Branca and John McClain, who have overseen its remarkable financial turnaround since the singer's tragic death in 2009. Their management has seen the estate's value increase dramatically through strategic business deals and legacy projects.
Paris's revelation provides unprecedented insight into how the children of one of music's most iconic figures are navigating their financial futures while honouring their father's extraordinary legacy.
