In today’s article, we will be diving deep into the world of the Jackson family and answering the question on everyone’s mind: Who is the richest Jackson? From Michael to Janet and all the other members, we’ll be taking a look at their net worths and finding out who comes out on top. So sit back, relax, and get ready for an in-depth analysis of the Jacksons’ Empire. Let’s get started.
The Jackson family is a legendary name in music history, known for the success of the Jackson 5 and the solo careers of Michael and Janet. The family has undoubtedly left an indelible mark on the industry, and their famous surname has brought them great wealth and success.
So, who is making their own millions? Who is living off Michael’s wealth, and whose bank account looks a little more humble? Here’s how much the Jackson family is worth in 2023.
Michael Jackson net worth: $2.5 billion. During his life, Michael Jackson earned an estimated $2.3 billion (adjusted for inflation in 2022). As the highest-earning dead celebrity, Jackson has earned an estimated $2.5 billion since 2009. In 2017, Rolling Stone magazine estimated that MJ’s trust was worth one billion dollars. Since then, it has no doubt grown.
Janet Jackson net worth: $360 million. Contrary to popular belief, Janet Jackson is not a billionaire. She was previously married to billionaire businessman Wisamel Mana, a Qatari retail tycoon, but the couple split in 2017 shortly after the birth of their son Isa. At the time, there were rumors that Janet and al-Mana were in a legal dispute over $250 million in alimony. According to Celebrity Net Worth, after a career spanning four decades and selling over 185 million records, Janet is now worth an estimated $360 million US dollars. Not bad for a single mom who only works when she wants to.
Michael Jackson’s estate net worth: $111.5 million. Since his untimely death in 2009, MJ’s estate has continued to rake in profits. At the time of his death, he was worth around $500 million according to Celebrity Net Worth, and in 2018, his earnings reportedly reached $825 million. In May 2021, a judge ruled that Michael’s estate was worth $111.5 million. In his will, MJ left 40 percent of his assets to his three children to be split equally. 20% of his wealth was left to multiple Children’s Charities, and the 40% that was left all went to his mother Catherine.
Catherine Jackson net worth: $100 million. Thanks to MJ’s generous will, Katherine Jackson inherited 40 percent of Michael Jackson’s estate, and her net worth is estimated to be around $100 million. According to court documents, she receives a monthly stipend of sixty-seven thousand dollars from Michael’s estate, but most of it goes towards covering expenses for her children and grandchildren.
Joe Jackson net worth: $500,000. Joe Jackson had a net worth of $500,000 at the time of his death. He died on June 27, 2018, after a long and valiant battle with terminal pancreatic cancer. Joseph Jackson established his own record company, Ivory Tower International records, in 1974 and began signing singers under his management.
Paris Jackson net worth: $100 million. While Michael Jackson’s daughter is building a career in the entertainment industry, her net worth is largely attributed to her inheritance from her father. In 2018, she formed the folk band The Sound Flowers with Gabriel Bland, and they released a self-titled EP in June 2020. She has also taken up acting in recent years, appearing in the 2018 film Gringo and the 2021 series American Horror Stories.
Prince Jackson net worth: $100 million. MJ’s eldest son has kept a low profile and has not been involved in much drama compared to other members of the Jackson family. He briefly worked in the entertainment industry in 2013 as a reporter for Entertainment Tonight and had a small role in the 90210. He graduated laude with a business degree from Loyola Marymount University in 2019.
Blanket Jackson net worth: $100 million. Like his older brother Prince, Michael Jackson II has generally stayed out of the spotlight. In recent years, Blanket appears to have undergone somewhat of a reinvention, ditching his famous childhood nickname and adopting the name BG. In 2021, it was revealed he had bought himself his first house, a fancy $2 million mansion in Calabasas, California, when he turned 18.
Jermaine Jackson net worth: $1.5 million. Jermaine Jackson is known for being a member of The Jackson 5, but he also had a successful solo career, releasing 14 albums. His self-titled debut album in 1972 reached number one on the U.S R&B charts. Nowadays, he is a regular on television, having appeared on shows such as Celebrity Wife Swap and Big Brother.
LaToya Jackson net worth: $1 million. Much like the rest of her famous family, petite La Toya has worked as a singer-songwriter and actress over the years. In 2011, she appeared as a guest judge on RuPaul’s Drag Race and America’s Next Top Model, and in 2018, she starred in the last Sharknado: It was About Time. LaToya also showed off her singing skills as a contestant on The Masked Singer in 2019.
Rebbie Jackson net worth: $2.5 million. Reubby Jackson, the lesser-known sister, took clarinet, piano, and dance lessons as a child but did not initially pursue a music career. However, she eventually followed in her family’s footsteps and released her debut solo album in 1984. Throughout the ’80s, she had a moderately successful music career, and her net worth is currently estimated to be $2.5 million.
Tito Jackson net worth: $2 million. After success alongside his brothers in the Jackson 5, Tito spent years managing his family group featuring his three sons, 3T. He eventually dived back into music himself and launched a solo career in 2003, performing as a Blues musician.
Jackie Jackson net worth: $200,000. The Jackson 5 singer gave a solo career a couple of shots before eventually running two record companies, Jesco records, and futurist entertainment. In 2009, he starred alongside brothers Tito, Jermaine, and Marlon in reality show The Jacksons: A Family Dynasty.
Marlon Jackson net worth: $100,000. Like his brother Michael, who he was particularly close to, Marlon launched a solo career, releasing his debut album Baby Tonight in 1987. Despite the record performing well on the top R&B albums chart in the U.S., he never released another. In 2001, he reunited with the Jackson 5 to perform at the Michael Jackson 30th anniversary special event.
Randy Jackson net worth: unknown. The second youngest Jackson sibling filed for bankruptcy in 1996 and eventually pleaded guilty to bankruptcy fraud, according to the LA Times. Not much is known about Randy’s current financial situation, but ABC News reported that he’s been supporting himself with odd jobs in the Los Angeles area.
In conclusion, the Jackson family has undoubtedly left an indelible mark on the music industry, and their famous surname has brought them immense wealth and success. From Michael Jackson’s unparalleled success as a solo artist to Janet Jackson’s successful career as a singer, songwriter, and actress, the Jacksons have achieved immense success and wealth over the years.
As we’ve seen, Michael Jackson remains the richest member of the family, with a net worth of $2.5 billion. His estate, which is worth $111.5 million, has continued to rake in profits since his untimely death in 2009. Janet Jackson, on the other hand, is not a billionaire, as is commonly believed, but she is still worth an impressive $360 million.
Other members of the Jackson family have also amassed significant wealth, including Catherine Jackson, who inherited 40% of Michael Jackson’s estate and has a net worth of around $100 million. Meanwhile, some family members, such as Randy Jackson, have experienced financial difficulties over the years.
While the family has had its fair share of drama and controversy, there’s no denying the immense success and wealth they’ve achieved throughout the years. As we’ve explored, each member of the Jackson family has a unique story to tell when it comes to their net worth, and it’s fascinating to see how they’ve each navigated their careers and finances over the years.
We hope this in-depth analysis of the Jackson family’s net worth has been informative and interesting, and provided a comprehensive look at the wealth of one of the most legendary families in music history.