News Summary

• The estate is currently being managed by John Branca and John McClain.
• Jackson wanted them to invest in more bonds and stocks, but they say they’ve flipped the estate, which was once hundreds of millions of dollars in the red… to a money making beast.
• They also addressed Jackson’s financial position, claiming, “Paris has already received roughly $65 million in benefits,” while noting she is expected to inherit significantly more.
• There have also been reports circulating online that Janet Jackson is unhappy with the upcoming movie, although she has not publicly issued a statement.