Michael Jackson Bankrolls Mama Big Time

Newly unsealed court records show matriarch is receiving more than $86,000 per month to provide necessities for the appointed guardian and her three grandkids

By Gina Serpe, Claudia Rosenbaum Sep 17, 2009 8:22 PMTags
Paris Katherine Jackson, Katherine Jackson, Prince Michael Jackson II, Prince Michael JacksonHarrison Funk/MJ Memorial/Getty Images

It pays to be Katherine Jackson. Five figures a month, as it turns out.

Court documents filed in connection to Michael Jackson's estate unsealed today show that the King of Pop's mother, and the guardian of his three children, is pocketing a cool $86,204 a month to support her and the kids.

Broken down, $60,000 of the payment has been parsed out specifically for Prince Michael, Paris and Blanket, while the remaining $26,804 is the Jackson matriarch's allowance.

Katherine's portion of the monthly stipend is paying for an assistant, housekeeper, driver, clothing, grooming (it's not the haircuts that add up, it's the trips to Vegas), phone and internet expenses, insurance costs and various other expenses.

It's unclear how the kids' share of the cash infusion is being spent, though annually $160,000 will be set aside for entertainment and related expenses, $250,000 for personal needs and roughly $315,000 on hired hands to help care for the minors.

The singer's estate is responsible for ponying up the substantial sum, which Los Angeles Superior Court Judge Mitchell Beckloff signed off on last month. Until today, the exact monthly figure had been kept confidential. The sums have been paid retroactively to Jackson's date of death.

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