Veteran lawyer Donald David, who handled Tupac Shakur’s estate, said: “The cash flow on an annual basis is tremendous.
“It’s going to decline eventually, but the kids are going to have grandkids before it’s gone.”
In the years before his death, Jackson spent £20million a year while earning less than £10m.
Under the orders of The King Of Pop’s trust, none of the kids will automatically inherit their share until they turn 30.
Gran Katherine, 86, gets 40% of net income while the kids will share another 40% with the remaining money going to charity.
A family friend said: “Without being insensitive, Michael’s kids are in a better financial position today than if he had lived.”
- Michael Jackson
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