MICHAEL JACKSON His Kids’ Monthly Allowance Is Huge

With their late father’s  estate valued at $ 2billion, it’s no surprise that Michael Jackson’s kids are used to living the good life. But you’ll be shocked when you hear just how good of a life it is.

While most kids may score a few bucks at the end of every week for keeping their room clean, Michael Jackson’s three children – Paris, Prince, and Blanket – each rake in about $ 222,000 per month in spending money.

According to sources close to the family, the three children used to get $ 5million per year to split between the three of them, but since Michael’s estate has been making money hand over fist since his death, they’re now splitting a yearly allowance of $ 8million. Yes, that’s right – they got a huge raise!

DListed is reporting that Blanket, in particular, is very generous with his money, and often splashes out on fancy dinners with his cousins.

While he enjoys the personal chef at the Jackson family’s $ 26,500-a-month rented mansion in Calabasas, Calif., he regularly dials his cousins and treats them to dinner at trendy restaurants before taking in a movie. The tab: usually about $ 500 plus tips.

“These things that they’re doing they are mostly paying for themselves, with their own money. Look, they also get $ 15,000 to $ 20,000 every month just in walking-around money. No one else has that kind of dough around here,” one source said.

“This is why you have had so much of the fighting going on in the family. But the battles have calmed since their uncles have finally found consistent work and everyone has pretty much left [Katherine] alone about money.”

Woah.

Photos via Fame Flynet.