MJ`s kids spend $8M a year

ANI| Last Updated: Jun 09, 2014, 11:20 AM IST

New York: Michael Jackson`s children reportedly spend 8 million dollars a year.

According to reports, 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.