TMZ

Our TV Shows

Got a Tip?

Call TMZ at (888) 847-9869 or Click Here

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

Previous 15 Comments | 1 | 2 | 3 | 4 | 5 | 6 | 7
91.

nan    

okay well i still dont understand the will and please dont throw anything at me LOL
if k got forty percent and i thought they were waiting for the estate to be solvent or what ever , once peoples claims against the estate are taking care of , does k get her share and the children part stays in trust ?but until then is she on an allowance?while the childrens money remains in trust until they come of age .and whatever k has at her time of passing reverts back to the trust for the kids when they are older.
can they keep her on an allowance indefinately if mj gave her 40 percent?
the only thing i know for sure is I am not getting anything LOL



1515 days ago
92.

Speechless     

Thank God MJ left his estate to the lawyers. The parents are just not educated enough to handle such business affairs.

1515 days ago
93.

Daphne     

As far as the family is, all American families are dysfunctional. Just that folk like the Jacksons, their stuff is out there. There is not one functioning family in America. The closest thing we have as an example of a functioning family in America is the Obamas. No drama. Before you dogg the Jackson family, speak to the dried up bones in your own family.



Posted at 10:55 AM on Jun 28, 2010 by That's her Dang Son



Your comment is funny. LOL.

1515 days ago
94.

hester ladd    

The article it self is crap! How much money do you stupid people think TMZ is making off of this! How dare you vultures think we believe anything bad about Katherine or Joe for that matter when some Jerk off writes a milley mouth condensing article like this. Katherine and joe are old and Michal does or would not care what lttle profit his parents make on anything. That is what African American children do take care of their parents!!! Incase you do not realize this cultural fact!

1514 days ago
95.

Sweetfox    

94. I get this horrible feeling sometimes - especially reading what CloBird posted - that the family hade something to do with MJ:s death.
____________________________
From the beginning I had the same feeling. Murray was merely the fall guy. There are so many unanswered questions. i.e. Where is the missing tape and who in that house had access to it. And what about the blood soaked blouse found in MJ bedroom. I haven't found any updated info about the tape or the blouse.

1514 days ago
96.

Cinsimo    

Can anyone now understand why Michael #1 avoided contact with his family and #2 had some many emotional/mental issues? This whole family is so screwed up even the mother he loved and trusted above everyone. Sadly his kids are stuck in the middle with these twisted dysfunctional people. I think if Michael had known his mother had gone off the deep end too, he might have made other choices for his children's care. What is wrong with Katherine anyway? Michael left her more than enough money to live on. Maybe she doesn't like that the estate controls it, but if she had been given a lump sum Michael's mooching, lazy siblings and family along with his over-the-top greedy father would have gone through that money by now and starting stealing from Michael's kids. The Jacksons couldn't make a dime after Michael left the group because they don't have enough talent to stand alone. I pity Michael's kids and I'm THOROUGHLY DISAPPOINTED in the way Katherine has begun to betray Michael and his trust in her.

1513 days ago
97.

estrelle    

LA VIEJITA SOLO TIENE SIGNO DE DOLARES EN LOS OJOS QUIERE SACAR DINERO DE DONDE SEA,ES AMBICIOSA COMO JOE,ESTA DEMOSTRANDO QUE NO LE IMPORTA LA PERDIDA DE SU HIJO,POR ESO CREO QUE MICHAEL FINGIO SU MUERTE.

1513 days ago
98.

estrelle    

LA VIEJITA SOLO TIENE SIGNO DE DOLARES EN LOS OJOS QUIERE SACAR DINERO DE DONDE SEA,ES AMBICIOSA COMO JOE,ESTA DEMOSTRANDO QUE NO LE IMPORTA LA PERDIDA DE SU HIJO,POR ESO CREO QUE MICHAEL FINGIO SU MUERTE.

1513 days ago
99.

LAURA    

@ 105 Cinsimo
You have a great insight. I also am wondering if this is why
Michael had so many older women in his circle? I always thought that Elizabeth Taylor was perhaps a more attentive Mother Figure than Katherine. Let's not forget that it was Elizabeth that got him the treatment that he needed in the early 1990's, not his own Mother or even a family member. Liza Minelli always seemed to be somewhat of a caretaker as well. I am just one year younger than Michael, so I have seen the progression of his public life since very early in his career. I find it all so very tragic. There may very well be a day that his children are faced with more than they care to know regarding their own family.

1512 days ago
100.

estrelle    

La viejita solo tiene signo de dolares en los ojos,es ambiciosa como Joe solo le importa el dinero ,no le importa la perdida de su hijo por eso creo que Michael esta vivo.

1508 days ago
101.

mysteria333    

TMZ, STOP PRETENDING THAT YOU ARE ALL KNOWING WHEN IT COMES TO MJ'S ESTATE. YOU ARE NOT!! THERE WOULD BE NO MICHAEL JACKSON WERE IT NOT FOR KATHERINE! GIVE THE PROPER RESPECT DUE HER, AND STOP TRYING TO ENCOURAGE THE JUDICIAL SYSTEM TO ACT BASED ON YOUR COMMENTS. THOUGH I ADMIT THE MEDIA FRENZY IS VERY EFFECTIVE IN SUBLIMMINALLY INDUCING JUDGES TO ACT. REMEMBER MOST TMZ HEADS HAVE CHILDREN AS WELL. AND ONE REALLY DOES REAP WHAT THEY SEW!

1485 days ago
102.

dominque    

You guys are a bunch of haters if it was your loved one you would be doing the same thing the Jackson's are doing trying to protect your loved ones legacy, money, name and fortune. Sometimes race plays a big part of things. If this family was of another nationality you would not say anything but that is there child get what is yours. But being that the jackson are black and talented people want to say they are greedy yes they made MJ and his children should get what they are entitled to.
JOe and Katherine Jackson do not let Blanca, Phillips, AEG, Murray get away with nothing. Fight for MJ's estate and Legacy. People need to shut up sometimes and thing what if the table was turned and it was your family. Be Quiet if you dont have anything nice to say do say nothing. God Blesss the Jacksons.

1467 days ago
103.

Shirley    

Why can't she "earn" money from "Her" son? I think
she should be able to. Hey, Michael trusted his mother
to take care of his children and if she has had to provide
for other grandchildren, shows that she is good hearted, and
loves her family. Good luck and God bless you Katherine!

1424 days ago
Previous 15 Comments | 1 | 2 | 3 | 4 | 5 | 6 | 7

Around The Web