*The late King of Pop is passing on his legacy to his children through a fat fortune. According to reports, Michael Jackson’s children are going to be receiving $33 million each, as was his wishes in his will.
The money will be inherited through a trust fund and will later have access to 40% of their father’s estate, currently valued at $300 million.
Sources say the children will have access to their funds at 21 and will have full authority over the fortune at age 40.
In the mean time, father Joe Jackson and both the star’s ex-wives Debbie Rowe and Lisa Marie Presley are not getting a dime, but that was expected, right?
Why is it even an issue that his ex-wives would get anything? Few people that I know bequeath money to their exes.
And Presley… she’s an heir to the Elvis Presley fortune. She’s loaded and doesn’t need any of MJJ’s money. But she is an “EX,” so I don’t know what that’s even an item for discussion.
I think someone at EUR thought that would make the article more interesting. It WAS interesting, UNTIL THAT LAST SILLY SENTENCE.
I agree with you Exmun. The exes should not be left anything and yes Lisa Maire is quie wealthy and Debbie Rowe was given some millions after the divorce so she is not in the poor house either. I guess Michael had a very good reason why Joe was left out of his will.
I’m just glad that Joe’s name was first..ya’ know I’ve heard of ex’s receiving money or items from the other ex, especially if they remained close and NOT because of the kids.
Are they rolling in female deer or dough?