TMZ

Our TV Shows

Got a Tip?

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

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.

166 COMMENTS

No Avatar
31.

antigirlygirl    

Aha! Now who would dispute that this lawsuit wasn't about maintaining a lifestyle? Living off of a dead person's money. SMDH

352 days ago
32.

Brite    

Hahah he kinda counted his eggs before they hatched.
Hope he can hang on to it :)

352 days ago
33.

PCA    

Nothing like counting his chickens... Doubt very much his "residuals" from "Daddy's Home" will cover even the cost of gas.

352 days ago
34.

fleabag73    

So JerGreasy buys this ride, and Mama Jackson makes the payments, this dude is the biggest deadbeat.

352 days ago
35.

KR    

There is no end to this family's greed. It's disgusting.

352 days ago
36.

Celinedionfan    

Isn't this the same stupid Jackson that has his mother supporting his ex wife and his kids because he doesn't make enough money?

352 days ago
37.

Belizeanborn    

This s***bag thought they would win the case and instead of paying his child support, he bought a ferrari. Thank goodness the jury saw this as a vial attempt of the family to get their grubby hands on money MJ denied them by leaving them out of his will. The only smart move MJ ever did, he knew his family, including Joe were going after his money if he died before them.

352 days ago
38.

CharlieDon'tSurf1    

Jermaine is one ugly dude. Michael was downright freaky looking but Jermaine, who's lived off Michael his entire life along with his fine upstanding family members, is crazy ugly. The entire family is either racist (Janet in particular), pathetic in so many ways and they can all never get over the fact that only one of them had any real true talent and they continue to live off of him after he dies. Janet is rich on her own and somehow Latoya is although the video of her riding on the back of that motorcycle while her pock marked ex rides it is a joke. She looks like 60+ now as well.

352 days ago
39.

awesomewave    

Still spending Michael's money on sports cars and Soul Glo. Bunch of vultures.

352 days ago
40.

CharlieDon'tSurf1    

Also, I love the fact that the three kids, none of him have MJ's DNA since that would be impossible, will inherit all his money. MJ's family's gravy train comes to a full hault once Katherine dies. Now, that's Karma! His family has lived off him for decades while they pretend to earn a living doing whatever. Janet just got lucky because without MJ, we wouldn't know she exists and I'm certain she's no more musically talented than any moderately talented struggling artist out there. Get the best producers like Jam & Lewis that have worked with the compass point all stars etc.. and your likely to record something palatable. Latoya is a joke, plain and simple. Jermaine should do some modelling for pock marked face monthly and the rest of them should just keep kissing Katherine's ass or try kidnapping her again which will likely happen. Truly the most pathetic family in the "entertainment" industry history.

352 days ago
41.

Susan62509    

How do you get a flat head under a curved roof?
A 4 year old used car is appropriate for Jermaine. His kids college must already be funded. Status is expensive huh? lol

352 days ago
42.

ABB    

Only unemployed GRIFTERS but used 4 year old Ferraris

352 days ago
43.

Crabby    

typical broke ass *****, can't support his kids but can drop a dime on a fancy ride.

352 days ago
44.

Scout    

Avis called...they want their rental back.

352 days ago
45.

m    

so he can't pay child support, but can buy a Ferrari???? pos

352 days ago
Previous 15 Comments | 1 | 2 | 3 | 4 | 5 | 6 | 7 | Most Recent | Next 15 Comments

Around The Web