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MICHAEL JACKSON ESTATE NOW WORTH MORE THAN $2 BILLION AS PARIS JACKSON FIGHTS FOR $600 MILLION TRUST DISTRIBUTION

Forbes estimates Michael Jackson’s estate is now worth more than $2 billion and generated about $140 million over the past year. Paris Jackson has asked a Los Angeles court to order roughly $600 million transferred into the family trust for herself and brothers Prince and Bigi, arguing that the trust remains unfunded more than 17 years after their father’s death. The estate says unresolved IRS litigation and other legal liabilities prevent full funding and claims more than $200 million has already been distributed for the beneficiaries, a characterization Paris disputes.