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Tuesday, October 5, 2010

Michael Jackson leaves his kids more than $33 million each in will

MICHAEL Jackson has left his children a multi-million dollar fortune - despite dying BROKE, we can reveal.

The three kids could even become BILLIONAIRES through the trust funds he set up in his will.

But Prince, now 13, Paris, 12, and Blanket, 8, will be at least 30 before they can get their own hands on the money.

Meanwhile Jacko's mother Katherine is already entitled to $99m (£68m) from the legacy, which we can disclose for the first time.

The astonishing never-before-seen document shows the King of Pop left:

NOTHING to his ex-wives Debbie Rowe and Lisa Marie Presley

NOTHING to his brothers Jermaine, Jackie, Tito, Marlon and Randy.

NOTHING to sisters LaToya, Rebbie and Janet

NOTHING to his dad Joe and

NOTHING to his staff or closest friends.

Click here to read will in full
Last night a family insider said: "Michael had his fallings out with his father and brothers but, being the generous soul he was, it's almost unbelievable he left them with nothing."

The 23-page file shows how Jacko's legacy has been completely transformed since he died drug-addled and heavily in debt.

Lawyers running his estate have managed to cash in on his death to push his bank balance back into the black. Movie, music and other deals have made his estate worth an estimated $300m.

The will splits proceeds 40 per cent to the children, 40 per cent to Katherine and 20 per cent to charity.

The family insider said: "Michael's mother and his children were the dearest thing to him in his life, so he made sure that they would benefit when he died.

Story By James Desborough, US Editor,

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