Michael Jackson’s family filed a lawsuit, reclaiming assets worth $1 million
According to TMZ, the heirs of the late artist Michael Jackson have filed a petition in court, asking to recover assets worth $1 million that were stolen in 2009.
In the application, they claimed that film producer Jeffre Phillips, the ex-husband of Michael Jackson ‘s sister (Toya Jackson), stayed at the villa for 9 days to attend the King of Pop’s 2009 funeral. This man took advantage of the chaotic situation at that time to steal many valuable personal items of the late artist.
Toya Jackson (right) and her ex-husband – movie producer Jeffre Phillips (Photo: News).
Stolen items included laptops, driver’s licenses, clothing, iPods, CDs and DVDs believed to be recordings of unreleased performances and concerts.
They also accused film producer Jeffre Phillips of making a fortune through the sale of a series of Michael Jackson’s handwritten notes, photo albums, a bag, award trophies and a Michael Jackson doll. .
Lawyers representing Michael Jackson’s family stated: “This act is terrible and inhumane. Jeffre Phillips even took the pajamas that Jackson wore in the last moments of his life.” These allegations were made one day before the 13th anniversary of the death of legendary Michael Jackson.
In November 2021, a source revealed that film producer Jeffre Phillips organized an auction of items belonging to the late artist. Jeffre Phillips also admitted that he stole the above items to create trust with customers.
Pop star Michael Jackson died suddenly in 2009 (Photo: News).
Lawyers have recovered some items, but they believe that Jeffre Phillips still holds many of the works Michael Jackson composed and recorded before his death. The lawsuit was brought to recover all of the late artist’s assets and prevent future illegal actions.
Members of the Jackson family all own huge assets
According to Marca’s sources, the late pop star owned a fortune of $500 million before his death. However, the late artist had to declare bankruptcy after receiving a request to repay $380 million in debt from Bank of America because of his lavish spending.
Before he died, he had a debt of 500 million USD from a bank debt of 380 million USD and interest. Michael Jackson passed away at his home in June 2009.
According to Forbes, Michael Jackson is a star who still creates huge wealth after his death. Over the past 13 years, the real estate he left behind continued to increase in price.
In May 2021, an American judge ruled that the pop star’s net worth (from real estate) was at 111 million USD. Forbes said that since 2009, the late star has generated an additional 2.27 billion USD.
According to his will, Michael Jackson left 40% of his assets to his three children, 20% to children’s charities and the remaining 40% to his mother, Katherine. Most members of the Jackson family own assets worth tens or hundreds of millions of dollars.
Paris Jackson (left) and Prince Jackson are Michael Jackson’s two children (Photo: Getty Images).
According to SCMP, Michael Jackson’s daughter – Paris Jackson has made a name for herself in the entertainment world. In 2018, she and her friend Gabriel Glenn founded the band The Sound Flowers, releasing a single of the same name in June 2020. She also participated in acting, filming the film Gringo (2018) and season 10 of American Horror Story . She currently has a net worth of about 100 million USD, mostly inheritance money from her rich father.
Prince Jackson – Michael Jackson’s eldest son chose to pursue a career in business after working in the entertainment industry. In 2013, Prince worked as a reporter for Entertainment Tonight. The son of the “King of Pop” then made cameos in several movies .
Some time later, Prince focused on studying and graduated with honors in Business Administration at Loyola Marymount University, USA. Prince Jackson is currently supporting the two children in their artistic activities. Prince’s net worth of $100 million also comes from his famous father.
Bigi (Blanket) Jackson is the youngest son of Michael Jackson and inherited $100 million from his famous father (Photo: Backgrid).
Bigi (Blanket) Jackson is the youngest son of the King of Pop. Like his brother, Bigi’s music career is not so outstanding. SCMP reported that Bigi bought his first villa in Calabasas, California, USA for 2 million USD in 2020, when he was just 18 years old. Bigi Jackson also owns 100 million USD from Michael Jackson’s inheritance.
According to SCMP, singer Janet Jackson – Michael Jackson’s younger sister – has a large fortune in the Jackson family. Celebrity Net Worth reports that the female singer has sold more than 186 million records in four decades of music activities and has a net worth of up to 180 million USD, as of November 2022.
Janet Jackson – Michael Jackson’s sister owns 180 million USD (Photo: Getty Images).
Jermaine Jackson is Michael Jackson’s older brother and a famous member of the Jackson 5 group. As of 2012, he released a total of 14 solo albums. In 1972, he had a song that reached number one on the US R&B chart. Today, he regularly appears on television, including Wife Swap and Big Brother . SCMP reported that Michael Jackson’s brother has a fortune of about 1.5 million USD.
Toya Jackson is the older sister of the “King of Pop”. She also soon followed the path of art. She is famous as a singer, musician and actress. Over the years, she has appeared many times as a judge on reality TV shows in RuPaul’s Drag Race, America’s Next Top Model… In 2018, Toya starred in The Last Sharknado: It is About Time . As of November 2022, Toya Jackson’s net worth is at $1 million.
