The Michael Jackson estate spent millions of dollars on the late pop star’s children in 2024, according to a newly obtained annual accounting report filed by estate executor John Branca.
The documents detail the estate’s expenses, benefits and financial performance for the year, offering a rare look at where some of Michael’s money went more than 15 years after his death.
Michael’s children — Prince, Paris and Bigi Jackson — are beneficiaries of his estate, along with their grandmother, Katherine Jackson.
According to the accounting, Paris received roughly $6.3 million in benefits during 2024. The amount included tax payments and various legal expenses.
The estate also covered $18,500 in travel expenses in April, $2,000 for auto storage and hundreds of thousands of dollars in legal fees. Money was also spent on a contractor who worked on a rental property.
One of the bigger expenses tied to Paris was approximately $309,000 for repairs and maintenance at her primary residence.
Prince received about $6.4 million in benefits, with the accounting listing a range of expenses, including significant tax obligations. The estate reported a $4.9 million tax bill among his expenses, along with substantial spending through his Chevron gas card and other costs.
Michael’s youngest son, Bigi, received approximately $3.1 million in estate-funded benefits. His expenses included homeowners association fees, 2023 taxes and a bill connected to Metro Express Lanes.
Katherine also received more than $4 million in benefits.
Her listed expenses included hundreds of thousands of dollars in legal fees, $70,000 paid to Forest Lawn, more than $100,000 for event rentals, $5,000 to an event company and $2,500 for catering.
The accounting also contains a string of smaller purchases, including $1,200 at Chocolate Art Lab, $242 for balloons, $5,000 for valet parking, $145 at Cordie Cakes and $400 for cleaning services.
Despite the substantial spending, Branca said the estate — valued at more than $1 billion — continued to break records during the year.
The executor pointed to the ongoing success of “MJ The Musical,” which won a Tony Award, as well as the Cirque du Soleil production in Las Vegas. The Vegas show continues to sell tickets and has had its run extended through 2030.
Michael Jackson died June 25, 2009, at age 50. More than a decade later, his catalog, stage productions and other assets continue generating significant revenue for the estate and its beneficiaries.
