MJ's kids granted $8m annual income

MJ's kids granted $8m annual income

There are 16 comments on the Iol.co.za story from May 7, 2014, titled MJ's kids granted $8m annual income. In it, Iol.co.za reports that:

The late King of Pop left behind three children when he died of acute Propofol intoxication in 2009 - 17-year-old Prince, 16-year-old Paris and 12-year-old Blanket - and the court that oversees their welfare has now allocated finances for their living expenses.

Join the discussion below, or Read more at Iol.co.za.

Since: Feb 11

Location hidden

#1 May 7, 2014
Wow the estate has grown to to £400 million since MJ's death five years ago. MJ's children are set for life.

“at yet more f'loonspin”

Since: Aug 11

I live far away from f'loons

#2 May 8, 2014
Hopefully, Grandma Jackson won't spend it.

Since: Feb 11

Location hidden

#3 May 9, 2014
Len is Disgusted wrote:
Hopefully, Grandma Jackson won't spend it.
Your fake concern would have been put at rest if you had of read the article in the first place.

Katherine receives $1.2 million a year for looking after her grandchildren. That's more than enough for any octogenarian.

“at yet more f'loonspin”

Since: Aug 11

I live far away from f'loons

#5 May 9, 2014
goodvibrations wrote:
<quoted text>
Your fake concern would have been put at rest if you had of read the article in the first place.
Katherine receives $1.2 million a year for looking after her grandchildren. That's more than enough for any octogenarian.
That's probably not enough for her to help pay for Jermaine's child support. Let's hope some of the children's spending money isn't moving into her bank account.

Since: Feb 11

Location hidden

#6 May 9, 2014
Jina Wild_ wrote:
<quoted text>Yep, they're very rich, the poor things. Some things you can't put a price on.
Their wealth will help others. They are humanitarians.

Since: Feb 11

Location hidden

#7 May 9, 2014
Len is Disgusted wrote:
<quoted text>That's probably not enough for her to help pay for Jermaine's child support. Let's hope some of the children's spending money isn't moving into her bank account.
Jermaine is not exactly poor and no longer owes child support.
Don't believe such a vast amount of money is not being managed at the children's best interests

“at yet more f'loonspin”

Since: Aug 11

I live far away from f'loons

#8 May 10, 2014
goodvibrations wrote:
<quoted text>
Jermaine is not exactly poor and no longer owes child support.
Don't believe such a vast amount of money is not being managed at the children's best interests
Don't believe such a vast amount of money is being managed, with the children's best interest, at heart. This is the Jackson family.
cookie monster

Chester, UK

#10 May 10, 2014
Len is Disgruntled wrote:
<quoted text>
That's probably not enough for her to help pay for Jermaine's child support. Let's hope some of the children's spending money isn't moving into her bank account.
The expenses breakdown clearly shows the majority of the dough is being spent on the kids' security team, school fees, holidays, rent and pocket money. No mention of that deadbeat Jermaine. So don't get it twisted.

“at yet more f'loonspin”

Since: Aug 11

I live far away from f'loons

#11 May 10, 2014
cookie monster wrote:
<quoted text>
The expenses breakdown clearly shows the majority of the dough is being spent on the kids' security team, school fees, holidays, rent and pocket money. No mention of that deadbeat Jermaine. So don't get it twisted.
Talk to Grandma Jackson, about this. I'm curious how much really goes to those expenses. This is the Jackson family we're discussing.

Since: Feb 11

Location hidden

#12 May 10, 2014
Len is Disgusted wrote:
<quoted text>
Talk to Grandma Jackson, about this. I'm curious how much really goes to those expenses. This is the Jackson family we're discussing.
Their expenses are $3 million for their school fees,$300,000 for holidays and $600,000 for a personal security team.
The court has also authorised them to spend a further $200,000 a year from their late father's estate on renting a mansion.
In addition to Paris, Prince and Blanket each receiving $15,000 a month in spending money.

Katherine's $1.5 mill annual payout is more than enough for her.

All thanks to MJ's LOVE.

Since: Feb 11

Location hidden

#14 May 11, 2014
Jina Wild_ wrote:
<quoted text>8 million a year is oh, just about 1/3 of what he paid Jordie for a year of his life. Gosh, and when you factor inflation into the equation, it's what? Maybe 10%? I guess you could say that he liked other people's children better than his own (other people's children).
Don't be ridiculous Jina. MJ loved all children and wanted a large family of his own. iIt's sad he died because his children's hospital plans would have become a reality too.

Since: Feb 11

Location hidden

#16 May 11, 2014
Jina Wild_ wrote:
<quoted text>$20,000,000 in 1993 would apparently equate to $33,000,000 today.

When you think about it those terms, if he had really wanted to large family of his own, he could have bought an extra 20 or so for that money. Instead, he gave it away for the pleasure of just one child for just one year.
It would have been cheaper for MJ to plead guilty instead of pleading innocent. MJ fought hard for his innocence because he was.

“at yet more f'loonspin”

Since: Aug 11

I live far away from f'loons

#17 May 11, 2014
goodvibrations wrote:
<quoted text>
It would have been cheaper for MJ to plead guilty instead of pleading innocent. MJ fought hard for his innocence because he was.
You're an idiot. It would have been cheaper for the court system if Michael had plead guilty. Instead of wasting all the time in the courtroom, he would have quickly been given his prison sentence. Or scarier still, he could have plea bargained, just like Roman Polanski.

Since: Feb 11

Location hidden

#18 May 12, 2014
Len is Disgusted wrote:
<quoted text>You're an idiot. It would have been cheaper for the court system if Michael had plead guilty. Instead of wasting all the time in the courtroom, he would have quickly been given his prison sentence. Or scarier still, he could have plea bargained, just like Roman Polanski.
Polanski was guilty that's why he plea bargained. MJ was NOT guilty beyond a doubt.

“at yet more f'loonspin”

Since: Aug 11

I live far away from f'loons

#19 May 13, 2014
goodvibrations wrote:
<quoted text>
Polanski was guilty that's why he plea bargained. MJ was NOT guilty beyond a doubt.
Michael was guilty as sin. Down inside, you know that. Six victims and many witnesses have stated Michael sexually abused children.

“Why can't you share your bed?”

Since: May 13

Canada

#20 May 13, 2014
Len is Disgusted wrote:
Hopefully, Grandma Jackson won't spend it.
Don't forget the Jackson Uncle 4's.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Family Discussions

Title Updated Last By Comments
News Tele-Psychiatry Helps Reach Rural Kids with Men... 4 hr HumanSpirit 1
News Consider Homeschooling with ADD (Jan '13) 4 hr Paddling has its ... 10
News Hispanic College Institute helps students get t... 5 hr Paddling has its ... 1
News children-with-disabilities-.jpg 5 hr Phil 3
News Your atheism isn&#x27;t going to keep your... (Apr '14) 6 hr thetruth 159
News Three Teenagers Arrested in Gang-Related Homicide (Dec '14) 15 hr jose 2
News Our recommendation: Springboro voters should sa... (Feb '08) Fri Levy Hater 31,918
More from around the web