Joe Jackson’s Net Worth: How Much Did He Make?

Do you want to know about Joe Jackson’s Net Worth When He Passed Away? Joe Jackson was the Jackson family patriarch and a talent manager who was noted for recognizing the musical aptitude of superstars such as Janet Jackson, Michael Jackson, and La Toya Jackson. Jackson was welcomed to this world in Fountain Hill, Arkansas, on July 26, 1928. Joe’s father was a teacher, and his great-grandfather, July “Jack” Gale, was an indigenous medicine man and a US Army scout.

His early years were difficult because he had few friends and his parents divorced when he was just twelve years old. While the rest of Jackson’s family relocated to Indiana, Joe accompanied his father to California and remained with him until his remarriage. After moving to East Chicago, he decided to pursue his ambition of becoming a professional boxer. Despite early success, his boxing career never really took off.

Around the same period, he met Katherine Scruse, and the two married shortly afterward. Joe decided to put down the gloves and work full-time as a crane operator in order to provide for his family. The decades that followed defined his profession as a talent manager, and he made a fortune doing it. But, before we take a look at his net worth, let’s have a look at his previous work.

How Did Joe Jackson Make His Money?

Joe began working as a full-time crane operator shortly after his marriage in the early 1950s, and he also worked in American Foundries in his spare time. In the years that followed, his wife Katherine took up part-time work at Sears. Joe played guitar in the blues band The Falcons for a long period when he was still quite young and had high goals for himself and his family. However, the band was unable to secure a recording contract and disbanded in the early 1950s.

Joe’s experience must have helped him realize his children’s musical aptitude and begin assisting Jackie, Tito, and Jermaine in pursuing a career in the industry. The Jackson Brothers was the name given to the siblings’ first band. They were renamed the Jackson 5 after Marlon and Michael later joined them. Because of the band’s popularity, the name stuck and has been immortalized ever since. Joe was the group’s manager, and he pushed his kids to concentrate and put in long hours of practice. Some of his children, notably Michael Jackson, later criticized him for being excessively rigid.

Despite the controversy, the Jackson 5’s four singles all climbed to No. 1 on the Billboard Hot 100 singles list. It was an outstanding feat at the time, and it should come as no surprise that the band went on to produce world-famous musicians such as Michael Jackson. Joe deserves credit for motivating his children to pursue careers in the entertainment world. La Toya Jackson and Janet Jackson have now accomplished performers. As a result, his success as a talent manager is unique.

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Joe Jackson’s Net Worth:

Joe Jackson had a net worth of $500,000 at the time of his death. He died on June 27, 2018, after a long and valiant battle with terminal pancreatic cancer. Joseph Jackson established his own record company, Ivory Tower International Records, in 1974 and began signing singers under his management. Randy, his youngest son, had his solo single ‘How Can I Be Sure’ published on his record company in 1978. Michael Jackson fired his manager, Joe Jackson, in 1979 and took control of his career. His other sons would follow suit by 1983. Despite this, he continued to develop talent, helping his daughter Janet launch her career in 1982.

Family & Personal Life

On November 5, 1949, Joe Jackson married Katherine Esther Scruse. The famous couple had a total of ten children. Katherine filed for divorce twice due to Joseph’s extramarital affairs but later withdrew the papers, remaining married but living separately until his death. Maureen Rillette “Rebbie” was the eldest of his children. Jermaine La Jaune was next, followed by Sigmund Esco “Jackie,” Toriano Adaryll “Tito,” and Sigmund Esco “Jackie.” La Toya Yvonne and four sons, Marlon David, Brandon (died in infancy), Michael Joseph, and Steven Randall “Randy,” followed them. Janet Damita Jo was the youngest.

He had another daughter, Joh’Vonnie Jackson, from a long-term relationship with Cheryl Terrell. Joe Jackson lived in Las Vegas for the last few years of his life. He was hospitalized on June 22, 2018, in the final stages of terminal pancreatic cancer, and left the world on June 27, 2018, less than a month before his 90th birthday, at a city hospice.

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