Blanket Jackson, now known as Bigi, has a story that intertwines celebrity, family legacy, and personal growth. Born into the renowned Jackson family, he not only carries the weight of his father's fame but also steps into his own identity. This article delves into the life of Blanket Jackson, exploring his upbringing, net worth, career, and personal endeavors.
Understanding Blanket Jackson's Background
Blanket Jackson, officially named Prince Michael Jackson II, was born on February 21, 2002, in La Mesa, California. As the youngest son of the legendary pop icon Michael Jackson, he has often been in the spotlight since infancy. His birth mother remains unnamed, as Michael Jackson opted for surrogacy to welcome his third child.
Growing up alongside his siblings, Paris and Prince, Blanket experienced a unique childhood at Neverland Ranch, a place filled with amusement and creativity. However, this luxury came with its challenges, particularly the constant media attention surrounding their famous father. The Jackson family, known for their musical legacy, faced numerous hurdles, which Blanket would later navigate as he sought to carve out his own path.
What Is Blanket Jackson's Net Worth?
As of now, Blanket Jackson's net worth is estimated at a staggering $150 million. This impressive figure stems not only from his family's legacy but also from his own professional endeavors. He is recognized for his role as an associate producer on the film “Kingdom Come,” released in 2013, showcasing his talents behind the camera.
Despite his father's financial struggles before his passing, Blanket stands to inherit a significant portion of Michael Jackson's estate. The financial recovery of the estate, notably managed by Michael's lawyers, has allowed for a positive outlook on Blanket’s future wealth, which is likely to increase as time goes on.
Inheritance and Financial Legacy
Upon his father's death, Michael Jackson's will left substantial assets to his children and mother. Blanket, along with his siblings, is set to inherit 40% of Michael's estate, which equates to approximately 26.7% each after their grandmother Katherine Jackson passes. This arrangement ensures a stable financial future for Blanket, who stands to benefit from the estate's growth.
The Jackson estate has seen a remarkable recovery since Michael's passing, transforming from a $500 million debt to generating over $2 billion in revenue. Significant sales, such as Michael's share in the Sony/ATV music catalog and Mijac Music, have further solidified the estate's financial standing, promising a prosperous inheritance for Blanket.
Early Life and Childhood Experiences
Blanket's early years were marked by both privilege and scrutiny. Nicknamed "Blanket" by his father, this name represented the love and protection Michael wished to provide. However, Blanket quickly became a subject of public interest, notably during a controversial incident where Michael infamously held him over a hotel balcony, which led to widespread criticism.
As a child, he often wore masks and veils, a practice intended to shield his identity from the media. Michael defended these actions, asserting that they were necessary for the children to experience a semblance of normalcy. Despite the challenges, Blanket and his siblings were educated at the Buckley School, a private institution in Sherman Oaks, California, where they received a quality education away from the limelight.
Professional Journey and Career Insights
Blanket Jackson's career, though still in its infancy, has begun to take shape. He served as an associate producer on the film “Kingdom Come,” which received multiple nominations at the Long Beach International Film Festival. This role marks a significant step in his professional journey, showcasing his interest in the film industry.
In addition to his production work, Blanket has made appearances on various television shows, including “The Oprah Winfrey Show” and “The X Factor.” These appearances reflect his desire to step out of his father’s shadow and establish his own identity in the entertainment world.
Personal Life and Philanthropic Endeavors
In recent years, Blanket has emerged as a more public figure, participating in charitable events like the "Thriller Night" benefit for the Heal Los Angeles Foundation, co-founded by his brother Prince. This organization aims to support the youth of Los Angeles, providing programs that nurture their aspirations and skills.
Blanket's commitment to social issues extends beyond charity work. He has voiced his views on climate change, emphasizing the importance of awareness and action among his generation. His recent interview on "Good Morning Britain" highlighted his desire to make a difference and his belief in the urgency of environmental issues.
Real Estate Investments
In 2020, Blanket Jackson made a notable real estate investment, purchasing a luxurious home in Calabasas, California, for $2.6 million. This property spans over 6,382 square feet and features six bedrooms and 7.5 bathrooms, located within a secure, guard-gated community. Such investments reflect Blanket's growing independence and financial acumen.
Owning real estate not only provides a sense of stability but also contributes to his financial portfolio. As Blanket continues to navigate adulthood, these decisions will play a critical role in shaping his future and legacy.
Final Thoughts on Blanket Jackson's Journey
Blanket Jackson's life is a fascinating blend of legacy, personal growth, and social responsibility. As he steps further into the public eye, his journey will undoubtedly be watched closely. With a promising career ahead, a substantial inheritance, and a commitment to philanthropy, Blanket is poised to make a significant impact in various spheres.
As he embraces his identity and forges his path, Blanket Jackson serves as a reminder of the complexities that come with fame and legacy. His story is just beginning, and the world is eager to see how he will shape it.
