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Katherine Jackson -- The Buck Stops Here

6/28/2010 4:36 AM PDT BY TMZ STAFF

Katherine Jackson Katherine Jackson has a problem she may not realize -- while she's raking money in from various Michael Jackson businesses, the judge in the MJ estate case could shut her out of a huge monthly allowance the MJ estate has been providing.

TMZ first reported ... Katherine and Joe Jackson sponsored a ritzy Michael Jackson event at the Beverly Hilton Hotel Saturday night -- with tickets going as high as $500 a pop -- and if there are profits, we're told some of that will line her pocket.

And then there's the book she's hawking  -- "Never Can Say Goodbye" -- co-authored by Howard Mann, who made a fortune off of nude online gambling.

Mann tells us he's going into other businesses with Katherine as well. Roger Friedman from Showbiz411.com says he's seen a contract between Mann and Katherine which guarantees her $10,000 a month for promoting a book in the works, "The Katherine Jackson Story."  Mann claims Katherine will net $10 mil from the book.

Now here's the problem ... When the judge in the Michael Jackson estate case signed off on Katherine getting more than $26,000 a month, it was based on need.  If she's making money on the side -- especially making money off her late son -- it's likely the judge will no longer see the need to fill Katherine's wallet.

So it's coming down to a "Let's Make a Deal" decision. Katherine, do you want door #1 or door #2?

Stay tuned ...




103 COMMENTS

No Avatar
76.

Lacey Granger    

Katherine would dig MJ up & sell the gold fillings from his teeth if she could, the money-hungry LEECH that she is!!!! SHAMEFUL WOMAN!!!!

1580 days ago
77.

Hmmmm    

Mann thinks she's going to make 10 mil from an auto-biography? As long as people pay, pay, pay, they will continue to monopolize off Michael's death with things such as $1500 belts, $60... picture books, $500 a plate "tributes" etc. If you really want to pay tribute to Michael you may want to consider donating to a children's charity in his honor instead of making the Jacksons richer. I was a MJ fan but, get a clue--he's dead. The Jacksons will continue to "honor" him for as long as the cash rolls in. Don't fall for the BS "If you're a MJ fan it's your responsibility to buy sunflowers for his tomb, buy Katherine's picture book, etc." You've already honored Michael by buying his CDs and stuff, visiting Neverland, etc. when he was alive and it's YOUR money from those sales that's being paid to Katherine to raise those kids. You have no responsiblity to bankroll the parasitic Jackson clan. While most honor the dead with free concerts or events the word "free" is not in the Jackson vocabulary. Where were these vultures when Michael needed them?

1580 days ago
78.

Grump    

- *51. Jackson family ethics aside, I don't see how the executors can legally impede her ability to generate separate income unless there's a violation of licensing rights. She's a beneficary to his estate - not a social services recipient. Right or wrong, many people have profited from Michael's death and, in my opinion, she shouldn't be penalized as a named beneficiary.



- Great comment Rudy!



-How about it Harvey can you get on those questions?



1580 days ago
79.

Tellit    

74. Good morning Tellit...
Trust me... There is enough of the pie ($$$$$) for all of them. They just need to play nice and quit being so greedy. The money is going to tear this family to shreds. Stay tuned. They'll all be sueing each other. They won't have a kind word for each other.
Posted at 10:16 AM on Jun 28, 2010 by Trish
__________
.
Hi Trish. I agree...there is enough for all...but they don't see it that way...and money/jealousy has always ripped this family apart...it's nothing new.
.
The crux of the deal is...Katherine is not going to live forever...and what she's gone that's it as for as any money for the rest of the Jackson clan. Everything reverts to Michaels only rightful heirs...MJ3.
.
Thank God for this Will...and John Branca. MJ3 are financial secure FOREVER.

1580 days ago
80.

MichaelJACKSON    

IGNORANT PEOPLE....."its her son...blah blah blah"



MJ estate/image/likeness belongs to his estate which is controlled by his executors - Branca & McClain. The alleged Will is forged,Katherine was given the opportunity by the judge to contest the Will without losing her benefits (due to no-contest clause in the Will). At the last minute she changed her mind. What you all DON"t know is that her house was being foreclosed, estate saved it so she decided NOT to contest the Will... Joe is contesting it although he is NOT listed in the Will. Joe wants Katherine to contest it but she is NOT. See she can stand up to him when it serves her.... So until she has the gumption to contest the Will, which she owes it to michael and michael's children, THEN SHE DOESN'T HAVE MY SYMPATY, SHE CAN BEG ON THE STREET OR GO BACK TO gARY iNDIANA WHERE SHE CAME FROM, FOR ALL I CARE!!!! THIS WOMAN LOST HER MIND.... SHE TOTALLY LOST IT... EITHER CONTEST THE WILL KATHERINE OR OBEY THE LAW!!!!! I WISH ESTATE WOULD SET HER IN HER PLACE, SHE LOST HER MIND!

1580 days ago
81.

Cathy    

79. If his own mamma can't make no money off of him and she and Joe made love to make Michael, then NOBODY should be making money off of Michael.
****************************************************
LOL!! That's basically how I feel too, That's Her Dang Son. Everybody and their brother either has or will write a book. Even Bubbles is writing a book! Why the hell can't Katherine or any other member of the family share their memories or make some money? I'd rather see any money that is to be made go to the family than to shady outsiders which include so many people who've surrounded Michael over the years. Arnie Klein, Tohme Tohme, Frank DiLeo, AEG, the list is endless. At least the family (most of all Katherine who gave BIRTH to him) knew and loved Michael long before he was the King of Pop. In terms of the children's fortune, it's not in danger now and never will be. Michael made sure that the well would never run dry and it won't. I also think Michael would not be the least bit surprised by anything that is happening now that he's gone. He surely knew when he left money and the children to Katherine that Joe and the rest of the family would have contact with both. He must've been ok with that.

1580 days ago
82.

nita    

It seems to me people have a problem with an african american family being close knit and takeing care of each other.

1580 days ago
83.

MichaelJACKSON    

@nita, did you say "close nit"?



This family is soooooo NOT close nit.... Randy is AGAINST this tribute and have been baging his head convincing his parents NOT to go!




Randy Twitter
http://twitter.com/randyjackson8



This is NOT a race issue, Michael is black but we are defending that he or his children NOT be dishonored. Why is it that blacks turn it into a race issue when they are cornered? I don't care what color they are Joe & Katherine lost their minds, exploiting MIchael & his orphan children, it's wrong to do regardless of your race, color, age!!!!! WAS THIS CLOSE NET FAMILY TOGETHER ON JUNE 25??????? NO!!!!! KATHERINE WAS IN GARY. RANDY, TITO, JANET, JERMAINE WAS AT FORECT LAWN.... JOE, LATOYA, MARLON, JACKIE, REEBIE DIDN'T EVEN SHOW UP TO FOREST LAWN TO PAY THEIR RESPECTS TO MICHAEL WHEN PEOPLE FROM OTHER COUNTRIES AND STATES FLEW IN TO DO SO!!!!! JOE & KATHERINE WASN'T AT FL ON JUNE 25 BUT THERE ARE HERE, CHARGING FANS $500 FOR THEM TO PAY RESPECFTS TO MICHAEL....THIS GIVES A NEW MEANING TO DISGRACE. I EXPECTED IT FROM JOE BUT KATHERINE?????? THIS FAMILY IS SICK, THIS FAMILY IS NOT AS CLOSE NIT AS THEY WANT YOU TO BELIEVE SO SPARE US OK?

1580 days ago
84.

Trish    

@87 That was an ignorant post.

1580 days ago
85.

Daphne     

When they were earning money singing they aquired a certain lifestyle and they want to keep it.Would you want to suddenly go from grandeur to working down the local netto store (netto= Scandanavian for value but crap)



Diane from the uk



Posted at 4:10 AM on Jun 28, 2010 by dizzydiana



Your comment is funny. Well, its complicated. Isn't it? I still think whatever they do, they should run it by the estate because the executors represent everything MJ.

1580 days ago
86.

Tellit    

89. It seems to me people have a problem with an african american family being close knit and takeing care of each other.
Posted at 11:19 AM on Jun 28, 2010 by nita
___________
.
This family has never been close knit. (only for photo ops...trials, etc)
.
And they have never taken care of each other...that job was always Michaels.
.
The MJFT cannot cut ole Ma Kate out of the Trust...but they can curtail her blatant exploitation of Michael Jacksons legacy.
.
Being paid to attend the Plaza memorial tribute!
Sorry damn greedy old bitch.

1580 days ago
87.

Why oh Why?    

69. You´re probably right, Tellit. Just tried to find something nice to say.... :)



I get this horrible feeling sometimes - especially reading what CloBird posted - that the family hade something to do with MJ:s death. It seems out of the question. But really, I do not know what a man like Joe is capable of....probably just about anything.

1580 days ago
88.

gimmeabreak    

Woot Woot Woot! you go Katherine!



Well we're movin on up,
To the east side.
To a deluxe apartment in the sky.
Movin on up,
To the east side.
We finally got a piece of the pie.



Fish don't fry in the kitchen;
Beans don't burn on the grill.
Took a whole lotta tryin',
Just to get up that hill.
Now we're up in the big leagues,
Gettin' our turn at bat.
As long as we live, it's you and me baby,
There ain't nothin wrong with that.



Well we're movin on up,
To the east side.
To a deluxe apartment in the sky.
Movin on up,
To the east side.
We finally got a piece of the pie.

1580 days ago
89.

susie    

Hate to say it but they are trash.



Posted at 10:14 AM on Jun 28, 2010 by Tellit
_____________________________________



I'm sure they are getting paid to play their parts.
Do ut des.... greedy family!

1580 days ago
90.

LAURA    

It's no wonder Michael was such a tortured soul. So sad. So very sad. This man was used and abused since his childhood. Even in death, it continues. Didn't anyone around him besides his children not use him for gain?

1579 days ago
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