There is a lot going on with Michael Jackson's estate right now and even when dead and gone he is worth a shit load of money. There has been a judge order filed in Michael Jackson's estate where there will be adjustments to Katherine Jackson's allowance which she already receives 26,804 a month. This is due to Katherine Jackson's request for more money. She states 26k is not enough. The Jackson's are a big family who is use to a certain lifestyle so I can see where she may need more funds.
According to TMZ
The Jackson Estate just filed a partial inventory of the tangible property MJ left behind when he died. Here's how it breaks down:
- Encino mansion ... $4,150,000
- Encino condo ... $315,000
- Desert Auto, LLC (in CA) ... $676,317
- 1998 Rolls-Royce ... $100,000
- 1990 Rolls-Royce ... $55,000
- 1988 Rolls-Royce ... $40,000
- Several bank accounts ... $444,260
Total: $5,780,577
It's a nice chunk of change, but nothing compared to the real jackpot ... MJ's Sony Music Catalog -- which has been valued as high as $1 billion.
