Net Worth Ranker
What Is Blanket Jackson’s Net Worth?
Blanket Jackson, now known as Bigi Jackson, possesses a substantial net worth estimated at $150 million. This considerable wealth stems primarily from his inheritance as the youngest child of the late musical icon, Michael Jackson. Bigi’s financial standing is further influenced by his ventures in the entertainment industry, although his primary source of wealth remains his inheritance.
Sources of Blanket Jackson’s Wealth
Bigi Jackson’s financial portfolio is largely composed of assets inherited from his father’s estate. According to Michael Jackson’s will, a significant portion of his estate was designated for his three children: Prince Michael Jackson, Paris Jackson, and Bigi Jackson. Specifically, 40% of the estate was allocated to the children. Initial estimations placed the estate in debt; however, strategic management by estate executors John Branca and John McClaine led to substantial financial recovery and growth.
In 2016, a pivotal transaction involved the sale of Michael Jackson’s 50% stake in the Sony/ATV music catalog for $750 million. This catalog includes a vast collection of songs, including many of the Beatles’ most famous hits. In February 2024, another significant deal was finalized with the sale of a 50% stake in Michael’s Mijac Music company for $600 million. Mijac Music owns Michael Jackson’s own tracks, as well as songs from artists like Sly and the Family Stone and Ray Charles. Primary Wave Music maintained a 10% stake both before and after this sale.
From the Mijac Music sale, it’s estimated that 15% of the sale will go to Michael’s estate executors, leaving the estate to split proceeds of roughly $500 million after all costs. Before taxes, $500 million would presumably be split up as: $200 million to his three children, or approximately $67 million per child; $200 million to his mother; and $100 million to charity. The heirs would also be left with the following paper stakes in 50% of a catalog valued at $1.2 billion: $192 million for the children, or $64 million per child; $192 million for his mother; and $96 million for charity. This arrangement ensures the long-term financial security of Michael Jackson’s heirs, including Bigi.
In addition to direct inheritance, Bigi benefits from the overall growth and management of his father’s estate. The estate’s financial turnaround, orchestrated by Branca and McClaine, has resulted in earnings exceeding $2 billion since Michael Jackson’s death in 2009. This careful management has not only cleared the initial debts but has also created significant wealth for the beneficiaries.
Early Life and Career Ventures
Born Prince Michael Jackson II on February 21, 2002, in La Mesa, California, Bigi Jackson experienced a unique upbringing as the youngest son of Michael Jackson. His early life was marked by both privilege and scrutiny, particularly after the infamous incident in 2002 when Michael Jackson held him over a balcony in Berlin. This event brought worldwide attention to the family, and Bigi’s childhood was further characterized by efforts to maintain privacy, including wearing masks and veils to shield his identity from the media.
Growing up at the Neverland Ranch in Santa Barbara County alongside his half-siblings, Michael Joseph Jackson Jr. (Prince) and Paris-Michael Katherine Jackson, Bigi had Elizabeth Taylor as his godmother and Macaulay Culkin as his godfather. The loss of his father in June 2009, when Bigi was just seven years old, marked a significant turning point in his life. Subsequently, his grandmother, Katherine Jackson, assumed custody of Bigi and his siblings.
Bigi attended the Buckley School, a private institution in Sherman Oaks, where he completed his education alongside his siblings. While his siblings have pursued more public careers, Bigi has maintained a relatively low profile. However, he has ventured into the entertainment industry, serving as an associate producer on the 2013 film “Kingdom Come.” This film received six nominations at the 2014 Long Beach International Film Festival, winning the award for Best Actor (Jeff Moffitt). Additional nominations included Best Supporting Actor (Jaiden Kaine), Best Feature Film, Best Cinematography, Best Editor, and Best Screenplay. This early career involvement demonstrates Bigi’s interest in filmmaking and production.
Bigi has also made appearances in various television programs, including “Living with Michael Jackson: A Tonight Special” (2003), “The Oprah Winfrey Show” (2010), “The X Factor” (2011), “Life with La Toya” (2014), and “The Jacksons: Next Generation” (2015). While these appearances have been relatively infrequent, they provide glimpses into his life and perspectives.
Real Estate and Personal Investments
In 2020, Bigi Jackson made a significant real estate investment, purchasing a 6,382 square foot home in Calabasas, California, for $2.6 million. The property, located within a guard-gated community, features six bedrooms and 7.5 bathrooms. This purchase reflects Bigi’s growing independence and financial acumen.
Beyond real estate, Bigi has also shown an interest in philanthropic endeavors. In 2021, he and his siblings hosted a “Thriller Night” benefit to raise money for the Heal Los Angeles Foundation, co-founded by his brother Prince Jackson and John Muto. This organization focuses on improving the lives of young people in the Greater Los Angeles area through impactful programs that build essential life skills and help them pursue their dreams. During a rare interview with “Good Morning Britain” at this event, Bigi spoke about the importance of addressing climate change, underscoring his commitment to social and environmental issues.
As of March 2025, Bigi Jackson continues to manage his substantial inheritance and explore opportunities in both entertainment and philanthropy. His estimated net worth of $150 million provides a solid foundation for future endeavors, reflecting both the legacy of his father and his own emerging identity.
