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Thread: Katherine Jackson's $100 Net Worth

   
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    Question Katherine Jackson's $100 Net Worth

    I was reading celebrity net worth and see that Katherine Jackson is worth $100 Million. With that kind of money in hand, can she spend at least $2 million to promote the the MJInnocent Project and website and also fund Taj video documentary? She's getting old at 88 and may pass away soon then maybe her other relatives may fight over that $100 million and spend it themselves. What do you think?

    https://www.celebritynetworth.com/ri...son-net-worth/

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    Default Re: Katherine Jackson's $100 Net Worth

    Quote Originally Posted by MJJFan105 View Post
    I was reading celebrity net worth and see that Katherine Jackson is worth $100 Million. With that kind of money in hand, can she spend at least $2 million to promote the the MJInnocent Project and website and also fund Taj video documentary? She's getting old at 88 and may pass away soon then maybe her other relatives may fight over that $100 million and spend it themselves. What do you think?

    https://www.celebritynetworth.com/ri...son-net-worth/
    I wouldn't put much faith in those "net worth" sites/lists.
    Most of them have no real clue and base their estimates on WAGs (Wild Ass Guesses).

    Case in point. When MJ was alive how many of those sites / lists showed his net worth was in excess of $600million? None because they all said he was broke.

    Going back to Katherine, how exactly do that think she earned her money?

    She never released an album. She never toured. She's never been an actively earning celebrity.
    Most of here offspring appear to be only modestly wealthy and they did all the work.
    She MAY have business interests or shares that we don't know about, but then neither would celebritynetworth.com


    Even that site admits it uses an algorithm. "All net worths are calculated through the combination of a robust methodology and a proprietary algorithm. The results are fact checked and confirmed by a team of editors and industry insiders. We work diligently to ensure that our numbers are the most accurate celebrity net worth data you will find anywhere on the internet."

    It provides no evidence of where her wealth would come from, apart from "Michael's estate: When Michael died, he left a 40% interest in his estate to his mother. That 40% will eventually go to Michael's children who themselves already control 40%. Michael's remaining 20% went to a variety of children's charities."

    (NOTE this is factually incorrect anyway. MJ's children don't control any of the MJ Estate and none of the MJ Estate wealth has been distributed as per the terms of MJ's will because it's still in probate)

    Instead Katherine receives an allowance and other expenses when deemed appropriate.

    My guess if this estimate is total crap.
    Last edited by MJTruth; 25-03-2019 at 09:56 AM.

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    Default Re: Katherine Jackson's $100 Net Worth

    I very much doubt it. She lives off her allowance from the estate.and has asked for loans many times

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    Default Re: Katherine Jackson's $100 Net Worth

    net worth has no correlation to what's in her bank account

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    Default Re: Katherine Jackson's $100 Net Worth

    Ha, those net worths also list the various Jackson brothers as between 10-15million. I don't think so.

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    Default Re: Katherine Jackson's $100 Net Worth

    I don’t think you can trust that website. They have Katherine at 100 mil and Janet as 190 mil.

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    Default Re: Katherine Jackson's $100 Net Worth

    Quote Originally Posted by MJJFan105 View Post
    I was reading celebrity net worth and see that Katherine Jackson is worth $100 Million. With that kind of money in hand, can she spend at least $2 million to promote the the MJInnocent Project and website and also fund Taj video documentary? She's getting old at 88 and may pass away soon then maybe her other relatives may fight over that $100 million and spend it themselves. What do you think?
    Chances are the family is already supporting Taj's documentary financially - many donations are anonymous and some are not listed at all, but instead are direct payments for specific items or services that are required (not going through the gofundme account). Pretty much all of Katherine's "wealth" comes from MJ's Estate - when she passes away, her 40% share of Estate funds will pass to Michael's three children. The other relatives were not named as beneficiaries.

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    Default Re: Katherine Jackson's $100 Net Worth

    i think 3t are doing the doco themselves

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