The king of pop, Michael Jackson, remains undefeated in being the highest-paid dead celebrity over the years. The first child to his name, Michael Joseph Jackson Jr. aka Prince, thrives to expand his father’s legacy. However, Prince Jackson is also building his own path to earning his name ‘Prince’. 

As the son of the king of pop, Prince Michael Jackson had all the royalties in his life. However, it is not the only label to describe the youngster as he is intent on creating his legacy, and is involved actively in his own business and philanthropic works. 

A Look Into Michael Jackson’s Net Worth After His Death

Prince’s father Michael Jackson still boasts a whopping net worth of $500 million. Not only that, he continues to top the list of the top-earning dead celebrities. 

In 2020, Michael rose above other dead celebrities such as George Harrison, Freddie Mercury, John Lennon, and Bob Marley to become the highest-paid dead celebrity. For that year, Michael’s income was estimated to be $48 million. The majority of his earnings come from his Mijac Music catalog and his long-term deal with Sony. 

In fact, his earnings from the music catalog and his multi-million deal with Sony is so much so that he retained the top-earner crown for eight consecutive years. 

Does His First Son, Michael Joseph Jackson Jr. Aka Prince, Inherit His Estate?   

When Michael Jackson passed away in 2009, he was worth a whopping $500 million. But before he passed away, he had left a trust in his name from which his children, Michael Joseph "Prince" Jackson, Jr., Paris Katherine Michael Jackson, and Prince Michael "Blanket" Jackson II can directly benefit from.

All the details of the trust are a bit too technical to cover; the basics of the terms of the trust was that all of Michael’s three children were in line to receive $33 million each from his estate

That was not all. The children were also due to receive allowances till they turned 21, after which they received one-third of their allotted trust fund when each child turned 30, 35, and 40. 

Prince Jackson with Katherine Jackson (Michael's mother) during his graduation.

Prince Is Breaking Away From His Father’s Shadow To Make His Own Mark And Money

23 is a fine age to find one’s own footing in the world. Prince is doing just that with his production company, King’s Son Production. His production company helps realize projects from short films, music videos to feature-length films. 

With the production company, he aimed at keeping the creative spirit of his father alive by helping other talented artists to realize their dreams. 

And he is not being subtle with the name of the production too. In the Instagram video, Prince revealed that while his father was indeed the ‘King of Pop’ and he was the ‘Prince’ he had to earn that title and his production company was a way in doing just that. 

Recently, Prince produced his sister Paris’ music video under his banner and was all too proud to share the fruits of his labor. 

Prince Jackson Is Also Helping People In Need Through His Father’s Legacy.

Prince’s foundation Heal Los Angeles Foundation help raise funds for quality education and value to L.Inner-city youths by furnishing access to co-curricular educational initiatives. His foundation also provides tools to earn an education, in addition to emphasizing an active and healthy lifestyle. 

Just this past week, Prince and his foundation served over 300 families in the south L.A with a special Thanksgiving turkey giveaway

His father, Michael, is part of his philanthropic activities in that the king of pop’s merch is used to help raise funds for donations and service.