On what would have been the singer’s 60th birthday, court papers reveal his estate netted $74million (Sh7.4 billion) in a year.
It means his children Paris, 20, Prince, 21, and Blanket, 16, are living their lives in luxury they were denied in the last three years of his life.
Jackson said they were like “vagabonds” months before he died in 2009 with debts of $500million (Sh50 billion).
The 73-page document filed at a Los Angeles court by executors, including close friends John Branca and John McClain, showed publishing rights from hits like Thriller delivered $2,448,584.99.(Sh244 million)
But his merchandising arm Triumph International brought in the most, $18.8million (Sh1.8 billion) in the same period.
Spending included $10.8million (Sh1 billion) on a house for the children and $85,297.65 (Sh8.5 million) for a top-of-the-range Cadillac Escalade for their security team.
Budding film director Prince was given a $70,000 (Sh7 million) truck and a Chevron fuel card on which he spent $9,000(Sh900,000.
The children enjoyed five holidays, including to Hawaii, for which they got $28,500 (Sh2.8 million) in spending money alone.
Jackson’s mother Katherine, 88, collected around $1million (Sh100 million) to cover health bills, allowance and expenses, and $257,379 (Sh25 million) to run her own home.
When she temporarily handed over their guardianship to Michael’s cousin TJ, he got $5,790 (Sh570,000) every two weeks.
Hayvenhurst, where Michael lived before he bought Neverland, cost $157,000 (Sh15 million) including $60,000(Sh6 million) on rebuilding the main house and installing an alarm.
The court papers state the executors have “disposed of most of the creditors’ claims”, but some debts still remain.
The accounts are so complex that the figures are only for the year of 2015.
They have emerged as Jackson’s estate faces claims he owes $500million (Sh50 billion) in back taxes. The estate is trying to negotiate a deal on his bills for the last decade and “true value” of his estate.
It is understood gross earnings since Michael’s death exceed $900million (Sh90 billion).
Michael Jackson’s music videos have been watched one billion times on YouTube so far this year.