MTV Lebanon
Source: MTV Lebanon
11 HrsMTV Lebanon
Source: MTV Lebanon
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Paris Jackson has opened a legal fight over the management of her father’s estate, accusing its administrator, John Branca, of mismanaging funds and demanding that the family trust be funded with $600 million. Her team challenged the 2022 accounts, citing a lack of details about 18 companies and expenses including more than $604,000 in unspecified costs, $3.8 million in legal fees, and $9.4 million in compensation for administrators, as well as more than $440 million kept in low-yield accounts. An estate representative rejected the allegations, saying the estate had gone from $500 million in debt to an enterprise that generated $3 billion in revenue. Paris is seeking full, updated accounts, and the court is due to consider the case on December 7.
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