Michael Jackson’s older brother and the founding member of The Jacksons band, Tito Jackson, has died at 70. The Rock n Roll star suffered a heart attack and the news was shared by former Jackson family manager Steve Manning. Tito Jackson found fame alongside his four brothers in 1964 when he formed the band, then known as the Jackson 5.
Besides Tito and Michael Jackson, Jackie, Jermaine, and Marlon Jackson were the founding members of the band. They also starred in the CBS series The Jacksons, which aired between 1976 and 1977 and starred their other siblings Rebbie, La Toya, Janet, and Randy Jackson. Michael Jackson went on to pursue a successful solo career and built his billion-dollar empire.
Tito Jackson and The Rest Of The Jackson Siblings Made A Fortune Out Of Their Music Career
According to Celebrity Net Worth, Tito Jackson was estimated to have a net worth of $2 million. He was the third Jackson sibling and played guitar in the Jackson 5. He was part of the band’s hits like ABC and I’ll Be There. After his music career with his brothers, he went on to manage his sons’ band 3T, consisting of Taj, Taryll, and TJ Jackson.
This Jackson brother also pursued a solo career as a blues musician in 2003. His solo albums included Tito Time and Under Your Spell, the latter of which was released in 2021. In 2012, Jackson reunited with his brothers for a tour.
The eldest Jackson sibling, Rebbie Jackson, has a net worth of $2.5 million (via Yahoo! Finance). While she was not part of the band, she appeared in The Jacksons show. She launched her solo career in 1984 and launched the debut album Centipede.
According to Yahoo!, Rebbie and younger sister La Toya Jackson receive a combined $37,000 in support from the Michael Jackson estate via their mother, Katherine Jackson. La Toya, the fifth Jackson sibling and a songstress, has an estimated net worth of $1 million.
The second Jackson sibling, Jackie Jackson, has a modest net worth of $200,000. He was the co-lead singer of Jackson 5 and is currently a music producer, who runs the record label Critically Amused. The fourth sibling, Jermaine Jackson, was originally the lead singer of Jackson 5, before being replaced by MJ. He has a net worth of $1.5 million but went through a lot of financial troubles and was helped out by his mother.
Marlon Jackson’s net worth is estimated to be just $100,000. After pursuing his music career, the sixth sibling is currently a philanthropist and runs the Study Peace Foundation, a charity he founded in 2015. The next sibling Randy Jackson has several legal troubles and reportedly has a net worth of less than $100,000. He faced battery charges in the 1990s and filed for bankruptcy in 1996.
He is currently co-partnered with his sister Janet Jackson’s label Rhythm Nation Records. He is also a songwriter. Janet Jackson, the youngest sibling, is a singer and movie star, who has an estimated net worth of $180 million. She is the richest Jackson sibling alive and a five-time Grammy-winning artist with 11 studio albums. Jackson also received a huge divorce settlement from her third husband, billionaire Wissam Al Mana.
Michael Jackson’s Estate Has Earned Millions Since His Death
Michael Jackson was known for his unorthodox lifestyle and it cost him a lot during his lifetime. Jackson reportedly was $500 million neck deep in debts at the time of his death. A report in The New York Times suggested that he owed his tour promoter A.E.G. over $40 million.
His other major debt came from his Neverland Ranch estate in Southern California where he kept all his expensive buys. According to a forensic accountant, Jackson was paying $30 million in interest alone at the time of his death.
In the years since his death, the executors of his estate brought it back to solvency. Celebrity Net Worth estimates that his estate has brought in over $700 million in these years. The executors have also secured the future of his billion-dollar music catalog. The estate is currently valued at $2.4 billion, a milestone his siblings can only dream of.
According to his will, 40% of his assets went to his children, 20% to various children’s charities, and 40% to support his mother. Upon Katherine Jackson’s death, her share will go to his kids.
