LeslieMJ
Proud Member
- Joined
- Jun 17, 2017
- Messages
- 24
- Points
- 3
Hi everyone,
I can't share much information about this - neither I have much more - , but just found some traces of the MJ Estate to make major developments lately in the name of MJ's kids.
The MJ Estate started to set up a holding structure for the kids as early as 2013, by having companies in Nevada, Delaware and California to hold various properties. My assumption is that these companies will replace the old companies once the estate is dissolved and the kids will take over the control of MJ's estate.
Then they acquired 4 real estate properties (besides the new family mansion in Calabasas that was purchased in 2012 for about 12M USD):
Las Vegas 2016 for 840,000 USD
California 2017 for $2,028,779
California 2017 for $2,652,000
California 2019 for $2,368,990
The companies' name holding these interests have a nice reference to the company MJ set up back in 2007 to buy his "Wonderland" in Las Vegas. Also it looks for me that each property is used by one kid.
And just before the pandemic they have established five new holding entities for the kids to hold various intellectual properties (probably investments, shares?).
I can't share much information about this - neither I have much more - , but just found some traces of the MJ Estate to make major developments lately in the name of MJ's kids.
The MJ Estate started to set up a holding structure for the kids as early as 2013, by having companies in Nevada, Delaware and California to hold various properties. My assumption is that these companies will replace the old companies once the estate is dissolved and the kids will take over the control of MJ's estate.
Then they acquired 4 real estate properties (besides the new family mansion in Calabasas that was purchased in 2012 for about 12M USD):
Las Vegas 2016 for 840,000 USD
California 2017 for $2,028,779
California 2017 for $2,652,000
California 2019 for $2,368,990
The companies' name holding these interests have a nice reference to the company MJ set up back in 2007 to buy his "Wonderland" in Las Vegas. Also it looks for me that each property is used by one kid.
And just before the pandemic they have established five new holding entities for the kids to hold various intellectual properties (probably investments, shares?).