MJ's kids spend $8M a year

Michael Jackson's children reportedly spend 8 million dollars a year, according to reports.

According to the New York Post, Prince's 30,000 dollars yearly tuition at a private school and the six-figure annual sum for Paris to stay at a therapeutic boarding school in Utah following her 2013 suicide attempt, were among their expenses.

A family source revealed that Prince has spent more than 50,000 dollars on custom-made jewellery and other gifts for at least three different girlfriends.

The late 50-year-old singer's children enjoy up to three holidays a year to places such as Hawaii and Las Vegas, which cost about 3.50,000 dollars, that also includes payments for bodyguards, family members, chauffeurs and first-class travel.

Another insider said that Jackson's kids were mostly paying for themselves, with their own money and they also get 15,000 dollars to 20,000 dollars every month just in walking-around money.