Prince Jackson, Michael Jackson and Debbie Rowe's eldest son, has a net worth of $150 million, per Celebrity Net Worth. The 28-year-old's fortune comes from his inheritance, investments, as well as the odd stints as an actor and television presenter. Michael Joseph Jackson, Jr. is trying to make a name for himself in the world without hiding in the shadow of his late legendary pop star father, and has also done some philanthropic work.
A large part of his net worth comes from his inheritance. After his father's passing, Michael Jackson's estate was divided between his mother, Katherine Jackson, his three children, and charity. About 40% went to his mother, 20% to charity, and 40% was divided between MJ's children, Prince, Paris, and Bigi. Each of them receives an annual allowance of about $8 million.
Furthermore, all of Michael Jackson's children are expected to receive at least 26.7% each upon Katherine's death.
Prince Jackson announces engagement to Molly Schirmang
On August 26, Prince Jackson took to Instagram to break the news of his engagement to Molly Shirmang. The couple has been dating since 2017, and have been going steady for eight years now.
Prince captioned his Instagram post, writing:
"8 years down ♾️ to go. Molly and I have spent a lot of time together and made incredible memories. We’ve traveled the world, graduated and grown so much together. I’m excited for this next chapter in our lives as we continue to grow and make great memories. I love you babs 😘"
He included a photo of the two of them wearing white, and Molly had her hand on his chest, showing off the engagement ring. In the carousel of photos, he chose some of the pictures that celebrated their milestones together.
What entertainment-related gigs did Prince Jackson take on?
Prince Jackson decided to follow in his father's footsteps and stepped into the entertainment industry in 2013. He began as a correspondent for Entertainment Tonight. In the same year, he made his debut on TV with a cameo in 90210.
However, after the two gigs ended, Jackson revealed in an interview with Today that the "showbiz" industry was not for him. In his words:
"I didn't get that gene."
Prince Jackson's net worth wasn't derived from his acting and television assignments in a big way, and he inherited most of what he is worth from his father's estate, besides building his wealth through investments. He has since focused on education and philanthropy. With his engagement to Molly Schirmang, he begins a new chapter in his life.