Jackson family - a tale of riches back to rags
Posted on March 24th, 2008 by Hot Momma
According to a new report in the New York Post, plagued by decades of bad fiscal decisions, the once-mighty Jackson family is barely scraping by. Janet is the only Jackson family member that’s really doing well on her own as a performer.
They have fallen far from their days raking in seven-figure paydays for a single performance when the Jackson Five, were the undisputed kings of Motown. The band of brothers sold more than 100 million albums, second only to the Beatles, while pioneering a multimedia empire that spanned radio, TV, cartoons and magazines. Here’s what they’re up to now:
Joseph Jackson, 79 and Katherine Jackson, 77
Dad hustles various girl groups in Las Vegas. Mom is still a stay-at-home housewife and the only family member in contact with Michael. Both have previously filed for bankruptcy
Rebbie Jackson, 57
The oldest, she’s married to successful businessman Nathaniel Brown.
Jackie Jackson, 56
The oldest son started an Internet clothing business and is trying to produce records by his sons. Nothing has panned out.
Tito Jackson, 55
Formed a blues band several years ago and plays at small venues for $500 to $1,500 a gig.
Jermaine Jackson, 54
Splits time between the parents’ Hayvenhurst mansion and his girlfriend’s home in the San Fernando Valley. With more than $5 million in federal, state and other liens against him and a 1995 bankruptcy filing, he doesn’t work or have a regular income.
La Toya Jackson, 52
Family turncoat who declared Michael guilty during the 1993 molestation case, she earns a living mostly in Europe and in the UAE judging beauty and singing contests. She lives with a wealthy boyfriend in Beverly Hills and has little contact with her siblings.
Marlon Jackson, 51
Lives in San Diego, where he works stocking groceries at a Vons supermarket. He fell on hard times three years ago when he was forced to leave his foreclosed home and move into an Extended Stay America hotel with his wife, Carol.
Michael Jackson, 49
And then their’s Michael, on the verge of losing Neverland ranch as well as the family’s Encino, Calif., home. He’s hiding out in Las Vegas and repeatedly makes promises to his brothers while sabotaging any attempts by them to ply their musical trade and cash in again. Michael could turn the fortunes of his family back around again with the snap of his fingers but it just isn’t happening.
Randy Jackson, 46
Does odd jobs like changing tires to support himself. He was Michael’s business manager during the 2005 molestation trial but ran into serious problems with friends after he persuaded three people to take out lines of credits against their homes to help Michael pay his attorney fees and Michael stiffed them.
Janet Jackson, 41
The current family breadwinner. She bought her mom a Vegas home in anticipation of losing the family’s mansion, Hayvenhurst, to foreclosure. Like their Neverland colleagues, workers at Hayvenhurst have not been paid for months.
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