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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.

166 COMMENTS

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Previous 15 Comments | 2 | 3 | 4 | 5 | 6 | 7 | 8
106.

RENEE    

Wat a bum he has turned out to be how can he not pay child support for his kids but he can buy a car for 160...,000 hia butt needs to be under the jail. That is MJ kids money he probably hit mom up.

350 days ago
107.

Knash    

Jermaine JACKSUN

350 days ago
108.

Melly    

Dont this dude owe back child support? What a looser these jacksons.

350 days ago
109.

moviefan    

I always thought Jermaine looked like a California raisin.

350 days ago
110.

Lisa    

Any money katherine has goes back to the kids when she dies so Jermain would not have not got his hands on any of that money

344 days ago
111.

myra morris    

And you all wonder why Michael wanted to stay keep his kids out of the media and keep there faces covered. Why he stayed away from his family for so many years This is why GREEDY GREEDY BROTHERS THAT DOESN'T WANT TO TAKE ON THERE OWN RESPONSIBLITIES THESE BOYS MAKE ME SO SICK. THERE ISN'T A WONDER MICHAEL WAS IN THE SHAPE HE WAS IN. I FEEL BETWEEN AEG AND SOME OF HIS FAMILY MEMEBERS THEY DROVE HIM TO THE GRAVE BECAUSE THE WANTED MORE MORE MORE. AND MICHAEL COULDN'T HANDLE ANYMORE STRESS MICHAEL WAS THERE BREAD WINNER AND NOW THEY DON'T KNOW WHAT TO DO BUT NAG THER MOTHER AND LIVE OFF OF HER SHE WILL BE NEXT GOD HELP THIS LADY I JUST HOPE THAT THE KIDS WILL GET AWAY FROM THEM ONCE THEY ARE OLD ENOUGH TO GET AWAY FAR AWAY

340 days ago
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