Michael Jackson’s 3 Kids Reportedly Cost $4.3 Million a Year
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New documents released show that late pop singer Michael Jackson hasn’t just left a legend behind; he also left three very expensive kids. According to reports, the children—Prince, 18, Paris, 16, and Bigi (formerly known as Blanket), 13—reportedly racked up $4.3 million just in 2013.

Some of the many charges include $450,000 for a house in Calabasas, California, staff at the house that cost $470,000, and the cost of $595,000 for another estate where Jackson’s mother, who looks after the kids, lives.

When Prince and Paris attended Buckley School in L.A., it cost $75,000. A trip to Hawaii cost another $428,000, and then there was a birthday party for young Bigi that racked up about a thousand dollars.

While Jackson’s assets may be worth anywhere between $250 million and $1.5 billion, he was also believed to have at least half a billion dollars in debt.

The Sun reports that each of the kids will get equal amounts of the fortune, but not until they reach the age of 33. Even then, they will receive only half their designated amount, with the rest coming in at age 40.

Source:

Bellotto, A., et al., “Michael Jackson’s Kids Cost $4.3 Million In A Single Year, According To Unearthed Court Documents,” StarPulse.com, August 17, 2015; http://goo.gl/j8Dy4V.

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