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Jermaine Jackson

Drops Big Bucks On Ferrari

During MJ Jury Deliberations

10/5/2013 7:05 AM PDT BY TMZ STAFF
EXCLUSIVE

1040_jermaine_jackson_ferrariJermaine Jackson may have put the cart before the Ferrari this week ... he bought this wildly expensive whip while the MJ jury was deciding whether to give his family as much as $40 billion. 

Jermaine went to Calabasas Luxury Motorcars Monday to pick up the 2009 Ferrari California, which was listed at $169,995.  Sources connected to Jermaine tell us he was able to wheel-and-deal the dealer down to the low 160s.

Jermaine didn't have to plunk down the entire amount.  He traded in his Rolls Royce and got around $90k.  We're told he paid the balance -- just over $70k.

As we reported ... if Katherine would have won her lawsuit against AEG, Jermaine and her other kids would likely have been the beneficiaries of the judgment once she died.  But it was not meant to be.

The only hope left is suing Dr. Murray ... which would put him in the Ford Focus market.

167 COMMENTS

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1.

21stcent    

Just what he needs to take the kids to school.

300 days ago
2.

Dead account Delete at will    

Dead brother money just sure feels good doesn't Jermaine?

300 days ago
3.

NOT ELMO    

Jermaine JackSUN
Drops Big Bucks On Ferrari
During MJ Jury Deliberations..............TOO BAD JERMAINE JACKSUN COULD NOT BUY BEAUTY WITH HIS MONEY.................LOL

300 days ago
4.

Doodlebug    

1. What the heck does he do to make any money?
2. Why does he have tumors on his cheeks?
3. Why does he put shoe polish in his hair?

300 days ago
5.

NOT ELMO    

The only hope left is suing Dr. Murray which would put him in the FORD FOCUS Market..............YOU WANT A MASERATi ?, YOU WANT A LAMBORGHiNi ?, YOU BETTER WORK BiTCH !.................LOL

300 days ago
6.

miss b    

What? Wasn't that money for Michael's kids?
Why does this lazy grease ball think that he's entitled to any money,he's not the one resting in a wall.
{Although I wish he was}

300 days ago
7.

Liz    

What happened to being too broke to pay child support?

300 days ago
8.

e    

Suing Dr. Murray would put him in the Go-cart Market.

300 days ago
9.

Jackie    

He bothers me...A LOT. He can't afford to pay his child support for several years, BUT he can wear designer clothes all the time & pay $70,000 for a sports car? >>>BTW I remember about 5 years ago Jermaine was on Celebrity Big Brother in the UK....his wife did an interview talking about how living in that house would be hard for him because he's used to having maids and cooks...a staff looking after him........MEANWHILE he wasn't paying his child support and had his kids and ex living at the family compound AND MICHAEL WAS PAYING FOR IT ALL. Maybe Jermaine should have asked Michael for money to go to school so he could get a JOB and pay for his own crap.

300 days ago
10.

Gsharon 710    

I guess I missed the part where Jer said he was entitled to money from the trial. What the family get or don't get does not change my life one bit.

300 days ago
11.

Waka Waka Waka    

Already spending AEG's money

300 days ago
12.

Brian    

I guess Katherine Jackson is lucky she lost. If she won she might have died soon. Of mysterious causes.

300 days ago
13.

jaelyn55    

The only victims are the three kids of MJ... Plus the fans.. plus Jermaine Jackson needs to wise up and be a real man and a father because he kids are in need of their money. He made them kids now is the time where all that talk needs to come into action. At least his father was there for him. Table are turn, huh Joe. At least you grown and raised all your kids.

300 days ago
14.

tgrfan42069    

his face and hair annoy me.i just want to beat him in the face with my fist.****er cant pay child support.but can plunk down money for this car.the lady should taking him to court siting this article.

300 days ago
15.

mj fan forever    

Most probably he had so hoped to get money from the jury verdict and was already rubbing his hands, so just couldn't resist. Suing murderer after dropping restitution I wouldn't be surprised at all, they are willing to do ANYTHING for money. NO shame.

300 days ago
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