The legal battle over the estate of the late Michael Jackson has resurfaced, with the heirs filing a claim to recover $1 million worth of stolen property. The allegations center on film producer Jeffrey Phillips, the ex-husband of Michael Jackson’s sister Toya Jackson, who is accused of using the chaos surrounding the pop icon’s 2009 funeral to steal valuable personal items. Among the items stolen are laptops, clothing, and unreleased performance recordings, as well as handwritten notes and photo albums belonging to Jackson. The disturbing revelation comes just before the 13th anniversary of Michael Jackson’s death and adds another layer of complexity to his enduring legacy.
Despite the legal battles, Michael Jackson’s financial legacy remains significant. Jackson amassed a fortune of $500 million before his death, although financial difficulties led to bankruptcy due to extravagant spending. Since his death, however, the value of Jackson’s estate has skyrocketed, with real estate holdings appreciating substantially. A US judge ruled in 2021 that the late star’s net worth, primarily from real estate, was $111 million, with other posthumous earnings estimated at $2.27 billion since 2009.
According to TMZ, the heirs of late artist Michael Jackson have filed a lawsuit seeking the return of $1 million worth of property that was stolen in 2009.
In the request, they claimed that film producer Jeffrey Phillips, the ex-husband of Michael Jackson’s sister (Toya Jackson, stayed in the villa for 9 days to attend the funeral of the King of Pop in 2009. This man took advantage of the chaotic situation at the time to steal many valuable personal belongings of the late artist.
Toya Jackson (right) and her ex-husband – film producer Jeffrey Phillips
Among the items stolen were laptops, driver’s licenses, clothing, iPods, CDs, and DVDs believed to be recordings of unreleased performances and concerts.
They also accused film producer Jeffrey Phillips of making a fortune selling a series of Michael Jackson handwritten notes, photo albums, bags, prize trophies, and a Michael Jackson doll.
Lawyers representing Michael Jackson’s family said: “This act is horrific and inhumane. Jeffre.”
Phillips even took the pajamas that Jackson wore in the last moments of his life.” The allegations were made one day before the 13th anniversary of the death of the legendary Michael Jackson.
In November 2021, a source revealed that film producer Jeffrey Phillips organized an auction of items belonging to the late artist. Jeffrey Phillips also admitted to stealing the above items
create trust with customers.
Pop star Michael Jackson died suddenly in 2009
Lawyers have recovered some of the items, but they believe Jeffre Phillips still holds many of the works Michael Jackson composed and recorded before his death. The lawsuit was filed to recover all of the deceased artist’s assets and prevent future illegal actions.
All members of the Jackson family own huge fortunes
According to Marco’s sources, the late pop star was worth $500 million before his fortune
death. However, the late artist had to file for bankruptcy after receiving a $380 million debt repayment request from Bank of America.
because of his lavish spending.
He was $500 million in debt before his death
$380 million in bank debt and interest. Michael Jackson died at his home in June 2009.
According to Forbes, Michael Jackson is a star who created enormous wealth even after his death. Over the past 13 years, the properties he left behind have continued to appreciate in value.
In May 2021, a US judge ruled that the pop star’s net worth (from real estate) was $111 million. Forbes reported that as of 2009, the late star had generated an additional US$2.27 billion.
In his will, Michael Jackson left 40% of his estate to his three children, 20% to children’s charities, and the remaining 40% to his mother Katherine. Most members of the Jackson family own assets worth tens or hundreds of millions of dollars.
Paris Jackson (left) and Prince Jackson are Michael Jackson’s two children
According to SCMP, Michael Jackson’s daughter- Paris Jackson has made a name for herself in the world of entertainment. In 2018, she founded the band The Sound Flowers with her friend Gabriel Glenn and released a single of the same name in June 2020. She has also been involved in acting, filming Gringo (2018) and the 10th season of American Horror Story. She currently has a net worth of about $100 million, mostly money from her rich father’s inheritance.
Prince Jackson – The eldest son of Michael Jackson decided to pursue a career in business after working in the entertainment industry. In 2013, Prince worked as a reporter for Entertainment Tonight. The son of the “King of Pop” then made cameos in several films.
A little later, Prince focused on his studies and graduated with honors in Business Administration from Loyola Marymount University in the USA. Prince Jackson currently supports both children in their artistic pursuits. Prince’s $100 million net worth also comes from his famous father.
Bigi (Blanket) Jackson is the youngest son of Michael Jackson and inherited $100 million from his famous father.
Bigi (Blanket) Jackson is the youngest son of the King of Pop. Like his brother, Bigi’s music career is not that outstanding. SCMP reported that Bigi bought his first villa in Calabasas, California, USA for $2 million in 2020 when he was just 18 years old. Bigi Jackson also owns $100 million from Michael Jackson’s inheritance.
According to SCMP, singer Janet Jackson – Michael Jackson’s younger sister – has a large fortune in the Jackson family. Celebrity Net Worth reports that the singer has sold more than 186 million records over four decades of musical activity and has a net worth of up to $180 million USD as of November 2022.
Janet Jackson – Michael Jackson’s sister is worth $180 million
Jermaine Jackson is Michael Jackson’s older brother and a famous member of the Jackson 5. Since 2012, he has released a total of 14 solo albums. In 1972, he had a song that went to number one on the US R&B chart. Today, she appears regularly on television, including Wife Swap and Big Brother. SCMP reported that Michael Jackson’s brother has a net worth of about $1.5 million.
Toya Jackson is the older sister of the “King of Pop”. She too soon embarked on the path of art. She is known as a singer, musician and actress. Over the years, she has appeared many times as a judge on reality TV shows RuPaul’s Drag Race, America’s Next Top Model… In 2018, Toya starred in The Last Sharknado: It is About Time. As of November 2022, Toya Jackson’s net worth is $1 million.
The legal battle surrounding the estate of the late Michael Jackson continues as his family tries to recover valuables that were allegedly stolen years ago. Amidst the turmoil, the enduring legacy of the King of Pop endures, with his children and siblings navigating their own paths in and out of the entertainment industry. Despite the complexities of wealth, fame, and family dynamics, the lasting impact of Michael Jackson’s music and influence remains undiminished and serves as a testament to his lasting legacy in the world of entertainment.