Paris Jackson Net Worth

What is Paris Jackson's Net Worth?

Paris Jackson is an actress, model, and musician who has a net worth of $150 million. Paris Jackson is the second child of the late musician Michael Jackson. She has an older brother named Prince Michael Jackson, and a younger half-brother named Blanket Jackson. Paris and Prince Michael are generally understood to be the children of Michael's former dermatology nurse, Debbie Rowe. The identity of Blanket's mother is not known. The three siblings are Michael's primary heirs to what has turned out to be an extremely valuable estate. More details on his estate value, assets and status in the next section below.

Paris Jackson's early life was far from ordinary. She was often made to wear a mask in public and was unable to travel anywhere without a sea of paparazzi following close on her heels. She spoke in public very rarely and was kept hidden and protected most of the time.

Since Michael's death in 2009, Paris has appeared in public more regularly and has spoken on various talk shows about her odd childhood and her experiences with bullying at school. In 2012, Paris was included on "People" magazine's Most Beautiful People list, and she graced the cover of "Rolling Stone" in 2017. Paris has been an ambassador of the Elizabeth Taylor AIDS Foundation since 2017.

Inheritance

According to the terms of Michael's will, he left a 40% interest in his estate to his mother. He left 40% to his three children. The remaining 20% was left to various children's charities. Upon Katherine's death, her 40% will go to Paris, Prince Michael, and Blanket, eventually giving them 80%, or 26.7% each.

At the time of Michael's death in 2009, his estate was technically in debt to the tune of $500 million. Over the ensuing years, his estate lawyers, led by John Branca and John McClaine, performed a miraculous financial comeback that has generated over $2 billion. For example, in 2016, they sold Michael's 50% share in the famed Sony/ATV music catalog, which owns most of the Beatles' biggest hits among many, many other tracks, for $750 million. In February 2024, they sold a 50% stake in Michael's Mijac Music company for $600 million. That catalog owns Michael's own tracks, as well as thousands of other songs from artists like Sly and the Family Stone and Ray Charles. Primary Wave Music maintained a 10% stake before and after this sale. An estimated 15% of the sale will go to Michael's estate executors, leaving the estate to split proceeds of roughly $500 million after all costs. Before taxes, $500 million would presumably be split up as:

• $200 million to his three children, $67 million per child
• $200 million to his mother
• $100 million to charity

Furthermore, each heir would be left with the following paper stakes in 50% of a catalog valued at $1.2 billion:

• $192 million for the children, $64 million per child
• $192 million for his mother
• $96 million for charity

Early Life

Paris Jackson was born Paris-Michael Katherine Jackson on April 3, 1998, in Beverly Hills, California. Her mother, Debbie Rowe, a dermatology nurse, gave up all parental rights after divorcing Michael Jackson in 1999. Paris, older brother Michael Joseph (aka Prince), and half-brother Prince Michael (aka Blanket) were raised by their father on his sprawling Neverland Ranch property. Michael was close friends with Macaulay Culkin and Elizabeth Taylor, and therefore named them Paris' godparents.

After Michael passed away on June 25, 2009, his mother, Katherine, gained custody of the children since all three were under 18. Paris attended the Buckley School in Sherman Oaks, where she played softball and flag football and joined the cheerleading squad.

Career

In 2011, Paris was cast as the lead in "Lundon's Bridge and the Three Keys," a fantasy film based on a children's book by Dennis Christen. The film was intended to be the first in a 5-film franchise, but it was never produced. In March 2017, Jackson signed with IMG Models and guest-starred on four episodes of the Fox series "Star." That year, she won an Emerging Talent Award from Daily Front Row and was nominated for a Teen Choice Award for Choice Model. Paris made her big screen debut in 2018's "Gringo," a crime comedy starring Charlize Theron, David Oyelowo, and Joel Edgerton. She also appeared in "The Space Between" and portrayed Jesus in "Habit." In 2019, she guest-starred on VH1's "Scream," which is based on Wes Craven's popular horror franchise. Paris has also appeared on "The Oprah Winfrey Show," "The X Factor," "The Ellen DeGeneres Show," and "The Tonight Show Starring Jimmy Fallon" as well as music videos for Steel Panther, Nahko and Medicine for the People, The xx, and Thirty Seconds to Mars. In 2022, Jackson starred in the film "Sex Appeal."

In 2018, Jackson formed the folk band The Soundflowers with Gabriel Glenn, and their first gig took place at Canyon Sessions on June 23rd of that year. Paris performs vocals and ukulele, and the duo released a self-titled EP in June 2020. After signing a deal with Republic Records, she released her first single, "Let Down," in October 2020. Jackson's debut album, "Wilted," was released in November 2020. In 2022, she released the "Lost" EP, which was followed by the singles "Lighthouse" and "Just You."

Personal Life

Paris began self-harming after her father's death, and by the time she was 15, she was addicted to intravenous drugs and had attempted suicide multiple times. She spent her sophomore and junior years at Utah's Diamond Ranch Academy, a therapeutic boarding school. Jackson was hospitalized in March 2019, and though TMZ reported that she had attempted suicide again, Paris denied the report, and a source close to her confirmed that she simply had an accident at home.

Paris dated soccer player Chester Castellaw in 2015 and musician Michael Snoddy from 2016 to 2017, and she reportedly began a relationship with bandmate Gabriel Glenn in 2019. On the 2020 Facebook Watch series "Unfiltered: Paris Jackson & Gabriel Glenn," Jackson said that she has "dated more women than men." In 2018, Jackson was granted a temporary restraining order against Nicholas Stevens, a 23-year-old man who had allegedly been stalking her.

When she was rumored to be engaged to Chester Castellaw, the Jackson family reportedly pushed Paris to demand a $2 billion prenuptial agreement. Since they never married, this prenup ultimately proved unnecessary.

Real Estate

In 2017, Paris paid approximately $2 million for a 7-bedroom house in the Topanga Canyon area of Los Angeles. She shared the home with several of her friends, including Marlon Brando's granddaughter, Prudence, and model Ashley Danielle Craig. In 2022, she sold the home for $2.3 million and bought a house in Hollywood Hills for $4 million.