Joe Jackson net worth
Joseph Jackson Net Worth: Joseph Jackson was an American music manager who passed away in 2018 with a net worth of $500,000. Joe Jackson was born on July 26, 1928 in Fountain Hill, Arkansas. He is best known as the father of many international pop stars, including Michael Jackson, La Toya Jackson and Janet Jackson.
Joseph Jackson married Katherine Skruse in 1949 and they had 10 children together. Jackson reportedly lived a lonely childhood with few friends. When he was 18, he moved to Indiana to live near his mother. It was here that Joe pursued his dream of becoming a boxer. Joe Jackson found success in the Golden Glove program and was preparing for a professional sports career when he met 17-year-old Kathryn Skruse. He was married at the time, but quickly called it off in order to be with Katherine. In 1963, Jackson was acutely aware of their children’s musical talents and quickly transformed himself into acting manager of the family group that soon became known as the Jackson 5. The group was a great success, but tensions eventually led them to fire Joe Jackson as their manager. Michael later accused Joseph Jackson of abuse, which some siblings confirmed and others denied. Joseph Jackson rehearsed long and intensely for his sons and booked more and more venues for them until they found a spot at the famous Apollo Theater in Harlem, New York. The group won the amateur night competition, and their victory earned them a Motown record deal. The Jackson 5 became the first American group to reach No. 1 with their first four singles on the Billboard Hot 100 singles chart. Joseph used the money earned by the management team to move the family to a mansion in Encino, California. When another woman gave birth to the child born to Joe Jackson, wife Katherine publicly denounced him and filed for divorce twice, but ultimately gave up.
Son Michael Jackson spoke out against Joe Jackson on The Oprah Winfrey Show in 1993, detailing the physical and psychological abuse he suffered at the hands of his father as a child. The issue divided the Jackson siblings. On June 25, 2009, Michael Jackson died suddenly. Michael’s last will and testament listed his mother as the guardian of his three children. His father, Joseph, received nothing from Michael’s estate. Joe Jackson died of cancer on June 27, 2018 at the age of 89.
