The death of Michael Jackson is likely to spark a massive legal battle over how much of his fortune - what is left of it - goes to his three children.The singer was pronounced dead aged 50 at a hospital in Los Angeles last night. He was taken there in a coma following his collapse at home.
Jackson is survived by Prince Michael, 12, and Paris, 11, and seven-year-old Prince Michael II, known as Blanket.
It is not yet known who will take care of them, but a source close to his family said his ex-wife Debbie Rowe is expected to receive initial custody while long term arrangements are sorted. Nor is it clear what their financial situation will be. Although Jackson ranked alongside the Beatles and Elvis Presley in terms of his earnings, in recent years he had amassed massive debts of an estimated $60million.He had planned a series of comeback concerts at London's 02, which would have cleared his debts.Prince Michael and Paris were the product of Jackson's second marriage to Rowe, nurse, in 1996. After the couple divorced in 1999, Jackson took on sole responsibility for their children's upbringing
0 comments:
Post a Comment