Introduction
Prince Jackson is the son of the King of Pop, Michael Jackson. He was born on February 13, 1997, in Los Angeles, California. He is the oldest child of the famous musician and his ex-wife, Debbie Rowe. Prince has lived most of his life in the spotlight. His father’s fame has ensured that he is one of the most recognizable faces in the world.
In this post, we take a closer look at Prince Jackson’s net worth. We will discuss how he acquired his wealth, his inheritance, and his entrepreneurship projects. We will also answer frequently asked questions related to this topic.
Inheritance
Prince Jackson and his siblings, Paris and Prince Michael II, are the beneficiaries of the Michael Jackson Family Trust. The trust was established in 1995, and it controls most of the late singer’s assets, including his music catalog, real estate, and memorabilia.
According to reports, the trust is valued at over $1 billion. Prince Jackson is entitled to his share of the trust, which is estimated to be around $100 million. However, he won’t receive the full amount until he turns 30.
Entrepreneurship
Despite being born into wealth, Prince Jackson has made a name for himself as an entrepreneur. In 2016, he launched his own production company, King’s Son Productions. The company produces films, music, and other media content.
Apart from his production company, Prince is also involved in various philanthropic efforts. He is a supporter of Heal L.A., a charity that helps fight poverty and homelessness in Los Angeles.
In addition to his entrepreneurial ventures, Prince has also dabbled in modeling. He has appeared in several fashion shows and has modeled for brands such as Dolce & Gabbana.
Real Estate
Prince Jackson is the co-owner of a 3,200-square-foot condominium in Los Angeles. The condo is worth an estimated $2.2 million. He purchased the property in 2019, along with his girlfriend, Molly Schirmang.
Investments
Prince Jackson has made some wise investments that have helped increase his net worth. In 2020, he invested in a start-up company called Airselfie. The company produces drones that can capture high-quality photos and videos. Prince’s investment in the company is estimated to be around $200,000.
He has also invested in a vegan food delivery service called GrubMarket. The company has raised over $90 million in funding, and its valuation is estimated to be around $1 billion.
Frequently Asked Questions
1. What is Prince Jackson’s net worth?
Prince Jackson’s net worth is estimated to be around $100 million.
2. How did Prince Jackson acquire his wealth?
Prince Jackson inherited a significant amount from the Michael Jackson Family Trust. He has also invested in various business ventures and has made some wise investments that have helped increase his net worth.
3. What is the Michael Jackson Family Trust?
The Michael Jackson Family Trust is a legal entity that controls most of the singer’s assets. It was established in 1995 and is valued at over $1 billion.
4. What is King’s Son Productions?
King’s Son Productions is a production company founded by Prince Jackson in 2016. The company produces films, music, and other media content.
5. What philanthropic efforts is Prince Jackson involved in?
Prince Jackson is a supporter of Heal L.A., a charity that helps fight poverty and homelessness in Los Angeles.
6. What real estate properties does Prince Jackson own?
Prince Jackson co-owns a 3,200-square-foot condominium in Los Angeles worth an estimated $2.2 million.
7. What wise investments has Prince Jackson made?
Prince Jackson has invested in a start-up company called Airselfie and a vegan food delivery service called GrubMarket.
Conclusion
Prince Jackson’s net worth is a result of his inheritance from the Michael Jackson Family Trust, his entrepreneurship pursuits, real estate investments, and wise investments. He has made a name for himself as an entrepreneur and is involved in various philanthropic efforts. Prince’s investments in start-up companies have also helped increase his net worth. As Prince continues to grow his businesses, it’s safe to say that his net worth will continue to grow too.
0 comments