Michael Jackson estate accounting report shows $$$ spent on Prince, Paris and Blanket

Michael Jackson‘s estate continues to provide for the late pop star’s children, including waiving thousands of dollars for her eldest son’s college tuition and tens of thousands for her daughter. Paris‘ home improvements… this according to new legal documents filed by the estate.

TMZ obtained the 2022 accounting report submitted by John Branca And John McClainthe two executors who manage Michael’s estate.

The executors said 2022 was “another record year for the estate”. Branca and McClain pointed out that the estate launched “MJ: The Musical” on Broadway, which made huge money and received acclaim.

Branca and McClain said they had won the estate more than 3 billion dollars since Michael died June 25, 2009at the age of 50.

The estate had previously financed homes for Michael’s children, in Paris and Prince …and in 2022 they bought a house for the youngest son, Blanket.

The 2022 report states that over a 12-month period, the estate brought Paris approximately $3.2 million in profit, on top of the additional $91,000 spent on the construction of its home.

The estate also paid $3.1 million in bills for Prince Jackson, including $25,000 owed for his tuition at Loyola Marymount University.

Bigi “Blanket” Jackson’s bills were cheaper, totaling $939,000, while MJ’s mother received around $1.6 million in stipends for her expenses.

The executors also reported that they earned more than $800,000 in royalties and residuals from various MJ projects in 2022, which is only a fraction of the total revenue for the year.