Paris Jackson Receives Millions in Estate Funds Detailing Lavish Spending

Court documents reveal that Paris Jackson was granted more than $3 million in stipends from her deceased father Michael Jackson’s estate during 2021, detailing her expenditures, as exclusively reported by Us Weekly.

A financial accounting report was filed in court on September 16 by John Branca and John McClain, who were designated as the administrators of Michael’s estate after his passing in 2009 when he was 50 years old.

This report outlines the financial inflows and outflows for the calendar year spanning January through December 2021. The primary recipients of funds from Michael’s estate include his daughter, Paris; his sons, Prince Jackson and Bigi Jackson; and his mother, Katherine Jackson.

Throughout this timeframe, Paris was allocated stipend payments amounting to $3,273,681, alongside an additional $10,000 for residential building work. The documentation indicates that the estate bore the cost of tens of thousands for legal services, a full year's worth of rental payments (approximately $18,500 monthly), $26,000 disbursed to a travel agency, and outstanding tax liabilities reaching hundreds of thousands.

According to the report, Paris issued two payments, one for $57,377 and another for $66,405, to FreenJoy, a reputable production firm known for collaborating with musicians such as Kendrick Lamar, Travis Scott, and Sabrina Carpenter.

FreenJoy partnered with Paris on the visual accompaniment for her track “Let Down,” featured on her inaugural studio album, "Wilted." Additional expenditures encompassed $450 spent at the Nancy Bank Studio, a prominent Hollywood acting academy. During 2021, Paris featured in three installments of American Horror Story and also participated in the movie Habit, alongside Bella Thorne and Gavin Rossdale.

The submitted documents indicate that Prince, aged 28, was granted a total allowance of $2,128,511.38.

His expenditures encompassed $25,000 for academic fees, sundry legal costs, outstanding taxes, a reimbursement of $1,702 to his cousin Tito Jackson Jr. for a particular expense, $4,000 for valet parking, $1,300 at the renowned Pink’s Hot Dogs establishment, $1,700 for balloons, $600 for bespoke signage, more than $150,000 for building work, $1,500 received in cash, minor sums on general catering with a notable $2,693 for a single catered event, $61,000 to an event and rental enterprise, several thousand charged to his Chevron card, and almost $2,000 for professional cleaning services.

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Bigi, who is 23, was provided with a yearly allowance amounting to $1,053,085.99. His various invoices were settled, Tito Jr., 52, was compensated $16,000 for an acquisition, and Bigi himself allocated $28,264 towards educational expenses.

Within the court submission, the estate affirmed that it had previously acquired residences (which it retains ownership of) for Prince, Paris, and Katherine, who is 95. Furthermore, it assumes responsibility for all associated costs, such as insurance, property levies, upkeep, and specific enhancements.

The administrators stated that the estate procured a home for Bigi within the reported period. The estate confirmed it covered all expenditures linked to Bigi’s property. “Subsequent to Bigi relocating from that dwelling, the estate has been responsible for the rent (and other connected costs) for his current place of abode.”

The official documentation revealed that Katherine was disbursed more than $1 million to cover legal charges and $408,000 for building expenses. Additionally, the estate expended over $400,000 on security services for two properties, along with an extra $108,000 paid to Tito Jr. for services rendered to the estate.

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Furthermore, the administrators remitted $150,000 to consultants, $881,000 for storage charges, upwards of $1 million on public relations outlays, and $2.5 million for legal services. An additional $7 million was allocated as remuneration for creative and executive personnel involved in a specific endeavor.

The estate of Michael Jackson received residual and royalty payments stemming from the pop star’s professional output. This included $150 from NBCUniversal for his 1978 movie The Wiz, $250,000 for a Capital One advertisement, and a assortment of other minor disbursements.

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The estate possesses assets exceeding $788 million, encompassing the residences occupied by all beneficiaries, his diverse business ventures, an automobile assemblage, liquid funds, equity holdings, and other precious commodities.

The submission indicated that Paris, Prince, and Bigi were each issued $250,000 as a “legal fee settlement advance to beneficiaries.”

As initially reported by Us, Paris submitted legal documents asserting significant concerns regarding particular disbursements authorized by the estate’s administrators. Counsel representing the executors contended that all payments were legitimate and petitioned the court to reject Paris’ objection to their appeal for legal expenses to be covered for external law practices.