Michael Jackson's daughter accuses her father's estate of 'mismanagement' and demands R$3.2 billion in court

In the action, Paris accuses the singer's estate of "incompetence and poor financial management" and asks that the amount be deposited in a family fund controlled by her and her two brothers, Prince and Bigi Jackson.

The daughter of the "King of Pop" told the court that Michael determined that each child should begin receiving income from their respective shares in the fund upon turning 21. Additional amounts would be distributed at age 30 and again at age 40.

According to the petition, the executor did not take appropriate action, and the document asks the court to order a "partial and reasonable distribution" to the family fund.

The Paris lawyers further point out that the estate "raised billions through a variety of deals, including the sale of its approximately 10% stake in EMI Music Publishing to Sony for more than US$287 million (about R$1.53 billion), the sale of Neverland Ranch for US$22 million (about R$117 million) in 2020, and a 2023 deal with Sony involving Jackson's songs and other rights that resulted in a payment of US$750 million (around R$4 billion)."

A representative for Michael's daughter told reporters on Tuesday that she was "fighting for transparency and accountability" after years of "delays and financial mismanagement" by her father's estate.