What is Paris Jackson’s Net Worth?
Paris Jackson is a wealthy musician, model, and actress with a $150 million fortune. The late musician Michael Jackson had a second child, Paris Jackson. She has a younger half-brother named Blanket Jackson and an elder brother named Prince Michael Jackson. The widespread consensus is that Debbie Rowe, Michael’s former dermatology nurse, is the parent of both Paris and Prince Michael. Blanket’s mother’s identity is unknown. Michael’s principal heirs to what turned out to be an extraordinarily rich inheritance are his three siblings. Further information on his assets, status, and estate value can be found in the section below.
Paris Jackson had a unusual upbringing. She was frequently forced to wear a mask in public and could never go anywhere without a horde of paparazzi trailing closely after her. She rarely gave public speeches and was usually shielded from prying eyes.
Following Michael’s passing in 2009, Paris has made more public appearances and discussed her peculiar upbringing and dealings with bullying at school on talk shows. Paris appeared on the list of “People” magazine’s Most Beautiful People in 2012, and in 2017 she was featured on the cover of “Rolling Stone”. Since 2017, Paris has served as an ambassador for the Elizabeth Taylor AIDS Foundation.
Inheritance
Michael left his mother a forty percent share of his estate, as stated in his testament. To his three children, he left 40%. A 20% remainder was given to other children’s charities. After Katherine passes away, 40% of her estate will be divided among Paris, Prince Michael, and Blanket, giving them a total of 80%, or 26.7%, each.
Michael’s estate was officially in debt of $500 million at his death in 2009. His estate lawyers, John Branca and John McClaine in particular, pulled off a financial miracle over the next few years that has brought in almost $2 billion. For instance, they sold Michael’s 50% stake in the renowned Sony/ATV music catalog in 2016 for $750 million, which includes many, many other tunes in addition to the majority of the Beatles’ greatest hits. They received $600 million in February 2024 for the sale of a 50% share in Michael’s Mijac Music company. Michael’s songs are included in that collection along with thousands of other songs by musicians like Ray Charles and Sly and the Family Stone.
Before and following this sale, Primary Wave Music held a 10% ownership position. After all expenses are paid, Michael’s estate will divide the approximately $500 million in earnings from the sale, with the executors receiving an estimated 15% of the sale. Before taxes, $500 million would most likely be divided as follows:
- To each of his three children, he left $200 million ($67 million each).
- $200 million to his mother
- $100 million to charitable organizations
Moreover, the following paper shares in 50% of a portfolio valued at $1.2 billion would be handed to each heir:
- $192 million will go for the kids, or $64 million each.
- $192 million for his mom
- $96 million to charitable organizations
Early Life
On April 3, 1998, in Beverly Hills, California, Paris-Michael Katherine Jackson was born. After divorcing Michael Jackson in 1999, Debbie Rowe, a dermatological nurse, relinquished her parental rights. Their father reared Paris, their half-brother Prince Michael (also known as Blanket), and their older brother Michael Joseph (also known as Prince) on his expansive Neverland Ranch ranch. Michael picked Macaulay Culkin and Elizabeth Taylor as Paris’ godparents because he was close friends with them.
Since none of the three children were older than eighteen, Michael’s mother Katherine was granted custody of the children following his death on June 25, 2009. Paris was a cheerleader and a softball and flag football player at the Sherman Oaks school Buckley School.
Career
Paris was chosen to play the title role in the fantasy movie “Lundon’s Bridge and the Three Keys,” which was adapted from a Dennis Christen children’s novel in 2011. The movie was never made, despite being the first in a planned five-film series. Jackson joined IMG Models in March 2017 and had four cameo appearances on the Fox series “Star.” She was selected for a Teen Choice Award for Choice Model that year and received an Emerging Talent Award from Daily Front Row. In the 2018 criminal comedy “Gringo,” which also starred Charlize Theron, Joel Edgerton, and David Oyelowo, Paris made her big-screen debut. She was featured in “The Space Between” and as Jesus in “Habit.”
She made a guest appearance on VH1’s “Scream,” a popular horror series helmed by Wes Craven, in 2019. Paris has also made appearances in music videos for Steel Panther, Nahko and Medicine for the People, The xx, Thirty Seconds to Mars, and The Oprah Winfrey Show, The X Factor, The Ellen DeGeneres Show, and The Tonight Show Starring Jimmy Fallon. In 2022, Jackson acted in the motion picture “Sex Appeal.”
Together with Gabriel Glenn, Jackson formed the folk group The Soundflowers in 2018, and on June 23rd of the same year, they had their first show at Canyon Sessions. Paris sings and plays the ukulele. In June 2020, the pair released an EP of the same name. In October 2020, she launched her first single, “Let Down,” following her signing to Republic Records. “Wilted,” Jackson’s debut album, was made available in November 2020. She first released the EP “Lost” in 2022, and then the songs “Lighthouse” and “Just You.”
Personal Life
After her father passed away, Paris started self-harming. By the time she was 15, she had made several suicide attempts and was hooked to IV narcotics. She attended the therapeutic boarding school Diamond Ranch Academy in Utah for her sophomore and junior years. When Jackson was admitted to the hospital in March 2019, TMZ claimed that she had made another suicide attempt. However, Paris refuted the claims, and a person close to Jackson said that she had just had an accident at home.
Paris reportedly started dating bandmate Gabriel Glenn in 2019 after dating musician Michael Snoddy from 2016 to 2017 and soccer player Chester Castellaw in 2015. In the “Unfiltered: Paris Jackson & Gabriel Glenn” Facebook Watch series from 2020, Jackson admitted that she has “dated more women than men.” A temporary restraining order was issued in 2018 against Nicholas Stevens, a 23-year-old man who Jackson claimed to have been stalking.
According to reports, the Jackson family pressured Paris to seek a $2 billion prenuptial agreement when she was thought to be engaged to Chester Castellaw. Ultimately, this prenuptial agreement proved superfluous as they never married.
Real Estate
Paris paid almost $2 million for a seven-bedroom home in Los Angeles’ Topanga Canyon neighborhood in 2017. Prudence, the granddaughter of Marlon Brando, and Ashley Danielle Craig, a model, were among her pals who shared the house. She paid $2.3 million for the house sale in 2022 and spent $4 million on a home in the Hollywood Hills.
