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Do Jacko'skids really need 8 mil allowance??
#1
I mean, I got $5 a week. And I learned to spend it wisely.
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(Newser) - As Michael Jackson's estate grows in value, the yearly allowance his children Prince, 17, Paris, 16, and Blanket, 12, share has increased from $5 million to $8 million-and it sounds like they take full advantage of it.
Page Six talks to sources including former Jackson friend Marc Schaffel, who's now engaged to Jackson's ex-wife Debbie Rowe, for details on how the kids spend their money:

-Prince has spent more than $50,000 on custom-made jewelry for three of his girlfriends, plus $40,000 on a new Ford pick-up truck. He wants to save enough money to buy back his father's Neverland Ranch, currently in control of creditors with an asking price of $35 million.

-Paris also likes to buy gifts for friends, including shoes and athletic gear. The annual cost for her to stay at a therapeutic boarding school, following last year's suicide attempt, is also in the six figures.

-Blanket likes to take his cousins to dinners at expensive restaurants; their nights out, which also include trips to the movies, typically come to about $500 plus tips. He also spends $200 an hour for karate lessons and a personal trainer.

The kids also take three vacations a year, totaling $350,000 including first-class airfare and security-in Hawaii, they stay in a $5,500-per-night suite; in Vegas, they sometimes rent the Bellagio's penthouse suite, which can cost as much as $5,000 per night.

Even so, "they're not [as bad] as their father" when it comes to spending wildly, one source says. Sources recall crazy stories about MJ, including the time Elizabeth Taylor pointed out jewels she liked in a catalog and Jackson sent two members of his security team on a private jet to Switzerland to buy them. He also spent $90,000 to impress Macaulay Culkin, sources say. Once, he took Culkin "on this expensive gondola-like ride along the ocean and buys Mac's caretaker an expensive necklace and sends her shopping just so he could spend time with him," a source says
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#2
It's totally absurd. And glutinous. There are a lot of kids that could benefit from just a little bit of their money. Maybe these kids should take it down a notch and pay it forward.
Devil Money Stealing Aunt Smiley_emoticons_fies
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#3


They are entitled to do exactly what they want with their money, no one has to like it nor approve it, it's their money to spend as they choose. With the examples given I don't see what the problem is.

For as long as there has been money there have been people with more money than brains. I see it frequently. I've told you all about the owner whose injured racehorse was here with its own psychiatrist. 78
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#4
Irritating but true Duchess, its theirs so they can do what they want.
The stupidest thing about it is how much time and energy people put into following that bunch that has never done anything other than be born rich.
Wonder whack one will check out first?
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#5


...on the other hand, I'd like to dictate what those receiving food stamps put in their grocery cart.
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#6
(06-10-2014, 07:03 AM)Duchess Wrote:
...on the other hand, I'd like to dictate what those receiving food stamps put in their grocery cart.
Nice. Agree with you there... but it does get into tricky areas, specifically garbage food costing less than healthy food. I'd also not particularly mind mothers buying diapers with food stamps or other pretty basic necessities.

For Jackson's kids, while I believe in communist principles, it doesn't mean I apply them to a democratic nation. His kids live in a democracy and they're entitled to waste his money for him. They just won the genetic lotto in money... probably lost the genetic lotto in other areas - normalcy, individualism, not having the entire world think of your father as a pedophile. Not to mention their father is dead. The money won't make them happy.
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#7
For a second there I thought this was a thread about the thickness of Jacksons underwear.
He ain't heavy, he's my brother.
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#8


Thank you for not saying underpants.
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#9
With Jacko it would be under roos.
He ain't heavy, he's my brother.
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