What is Prince Michael Jackson's Net Worth?
Prince Michael Jackson is an American teenager who has a net worth of $100 million. Best known as the eldest son of Michael Jackson, Prince Michael Jackson is not to be confused with Prince Michael Jackson II, his younger half-brother (who is also known as "Blanket"). Over the years, Prince has appeared in a range of TV shows as both an actor and a television personality. Although Prince has apparently made an effort to "make his own way" in life, his identity remains in the shadow of his father, the legendary "King of Pop." It is unlikely that he will ever emerge from this shadow and all of the controversy associated with Michael Jackson's life.
Early Life
Michael Joseph Jackson Jr. was born on February 13th of 1997 in Beverly Hills, Los Angeles. His mother is Debbie Rowe, a dermatology assistant who married Michael Jackson in 1996. Prior to the marriage, Rowe had expressed a desire to bear Jackson's children when she learned of his failed marriage with Lisa Marie Presley. Allegedly, she had expressed these desires even while Jackson and Presley were married.
Rowe has stated that she was artificially inseminated, although she initially refused to reveal any details of her son's conception. This has sparked many rumors, and there are some who claim that Prince is not his father's biological son. Some state that his real father is actor Mark Lester, while others claim it is dermatologist Dr. Arnold Klein. With all that said, Prince has stated that no matter what, he sees himself as his father's son because he was raised by him alongside his siblings.
After Michael Joseph Jackson Jr. was married, he was quickly nicknamed Prince. His father quickly took sole custody and assumed full parental responsibilities. By 1999, he and Rowe had divorced, with Jackson taking full custody rights. Although Prince's mother reportedly received an $8 million settlement and a house in Beverly Hills, she had signed a "rock-solid" prenuptial agreement, and therefore had no access to Jackson's real wealth.
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Whisked away to the Neverland Ranch, Prince rarely saw his mother as a young boy. He was raised primarily by a "team" of six nannies and caretakers. By 2004, Michael Jackson has been charged with 10 counts of child abuse. Debbie Rowe became concerned and sought to play a more central role in Prince's life – although she had previously terminated her legal parental rights in 2001. Nevertheless, she sought to have the decision reversed and eventually won additional access to her children. However, Prince allegedly refused to call her "mother."
When Michael Jackson passed away in 2009, his mother Katherine was granted guardianship of Prince and his siblings Paris Jackson and Blanket Jackson. In the years since, he has allegedly been involved in many disputes over his father's estate with the rest of his family. His godparents are actors Macaulay Culkin and Elizabeth Taylor, both of whom were friends with Michael Jackson.
