MICHAEL JACKSON cut his father out of his last will, in a move that would deprive him of a share in the singer’s fortune.
The Wall Street Journal said the document, which was drafted in 2002, divides the pop star’s estate between his mother, three children and a number of charities. It also emerged last night that Jackson was worth a net $236m (£143m) as of March, 2007.
Financial documents showed the singer held $567.6m (£345m) in assets and $331m in debt at that time.
The apparent emergence of a will contradicts earlier statements from the Jackson family which implied the pop star died intestate.
In documents filed in Los Angeles Superior Court, the singer’s parents, Joe and Katherine, stated they had not come across a will.
But, according to the Wall Street Journal, a document does exist, naming lawyer John Branca and a music executive John McClain as executives.
The lack of his father’s name in the will follows earlier allegations that the Jackson patriarch used to hit Michael and his brothers.
