Wasn't it a few weeks or months ago that the know-it-all media claimed she was only worth 150 milli. I thought that figure was quite low for someone of her history of achievements. I don't know what she's worth but I do know that she was killing it in her prime. Those contracts were unprecedented at the time. Although she may not be the hot, young "it" girl at the moment, odds are, she was making more money per CD/Download back then versus what the younger acts are making now. Janet always seemed like the silent investor type of person. I remember when she and Magic Johnson invested in their own bank together. I say this to say, who knows what she's worth or how she invested her money through the years or how that money has compounded throughout the years. Janet is from the school of living off your interest.

Musicslave said:

Wasn't it a few weeks or months ago that the know-it-all media claimed she was only worth 150 milli. I thought that figure was quite low for someone of her history of achievements. I don't know what she's worth but I do know that she was killing it in her prime. Those contracts were unprecedented at the time. Although she may not be the hot, young "it" girl at the moment, odds are, she was making more money per CD/Download back then versus what the younger acts are making now. Janet always seemed like the silent investor type of person. I remember when she and Magic Johnson invested in their own bank together. I say this to say, who knows what she's worth or how she invested her money through the years or how that money has compounded throughout the years. Janet is from the school of living off your interest.

okayee!

musicjunky318 said:

There's a difference between lifetime gross revenue and net worth. Her projects have grossed over a billion but she's not personally a billionaire.

pretty obvious.

I think it's a marketing ploy, and Janet is going to launch a new project.

300 million for her roles in the films? lol.
She earns more than the leading Hollywood actors have accumulated for tens major roles in the highest-grossing films.

fans really have to be blind? if tomorrow will say that the Beatles sold 10 billion albums ... I will not believe ... you should always try to keep in touch with reality.

Cerebus said:

ehuffnsd said:

aardvark15 said: Forbes doesn't list Janet either so your point?

That neither of them are billionaires. Honestly, I doubt Janet is even close. The figures in that article are preposterously exaggerated, if not just pulled out of thin air. When people become billionaires, regardless of who they are or how they got there, it's a big deal, and it's STILL not an easy thing to do. I don't doubt that Janet is well off, but I don't believe she's close to being a billionaire.

Have to agree.

Here's Why Janet Jackson Is Not On Our Billionaire's List

[img:$uid]http://b-i.forbesimg.com/dorothypomerantz/files/2013/05/janet-jackson-200x300.jpg[/img:$uid]

Janet Jackson: Certainly successful, but that doesn't make her a billionaire.

The Internet is abuzz with news that singer Janet Jackson is a billionaire. In fact several news outlets are saying she is “officially” a billionaire.

There’s just one problem: it isn’t true.

The reports stem from a story in Variety this week about Jackson titled “Behind the Velvet Rope.” The story is connected to Jackson’s work with the charity AmFAR and is surrounded by full-page ads congratulating Jackson on being “a billion dollar entertainer.”

To be fair, the story does not specifically say that Jackson is a billionaire. It just lays out the money that her work has brought in over the span of her career including $81 million from music and book publishing, $260 million in album sales and $458 million from touring. Together with other areas of business, the revenues add up to $1.2 billion.

But that’s very different than a net worth. Net worth is based on the value of the cash and assets you have at the moment, not on how much your work has brought in over a lifetime. When we evaluate whether people will make our annual list of the World’s Billionaires, we look at things like stock holdings, real estate and art collections. Oprah Winfrey is a billionaire because of the value of her holdings in things like Discovery and Harpo Productions, not because of the ad revenue her show generated over the years.

This isn’t the first time the general press has mistaken the money brought in by someone’s business for the net worth of that individual. Jessica Simpson has been called a billionaire. My colleague Clare O’Connor did an excellent take down of claims that the Kardashians are billionaires. Madonna is also rich, but not a billionaire.

This is the same kind of situation. The word “billionaire” generates plenty of hits (we know) and so reporters, who don’t obsess about people’s wealth 12 months out of the year, don’t bother to check the facts, they just regurgitate.

Jackson owns a lot of valuable songs, likes to take ownership stakes in the products she endorses and is married to reported billionaire Wissam Al Mana (who has also never shown up on our billionaire list). She certainly may be sitting on $1 billion worth of assets. But her net worth is not at all clear from what’s being reported.

While we’re on the subject, poor Julia Louis-Dreyfus is getting pulled into this story. Several outlets have reported that Jackson’s new (fake) billionaire status puts her in the same strata as Steven Speilberg, Oprah and Louis-Dreyfus. While Louis-Dreyfus’ father is certainly extremely rich, that doesn’t mean the actress is worth the same amount of money. A source says that when Louis-Dreyfus dies, his money is set to go to hundreds of people, not just his daughter.

http://www.forbes.com/sit...llionaire/

One Lady who do fianace pulled up the Arabic version of Forbes that list the richest businesses in the Middle East, while Janet's husband didn't make the list he shares ownership of many business ventures with his brothers and father which is worth over a billion. so his net worth is not over a billion since the reveneus have to pay shareholders & creditors, and Wissam have to split the profits between his family. so he's a multi millionaire which is still great all the same

Humpty Dumpty sat on a wall Humpty Dumpty had a great fall All the king s horses and all the king s men Couldn t put Humpty together again.

this is what I think of when I witness responses by a population who can't fathom how Janet Jackson pulled this out under relative obscurity

for the past 3 years, another round of population jumped up and down, hollering out of their lungs that Janet Jackson was trying to draw million from her brother's estate

for years, the clash that was put out there by those who were in position of influence suggested that Janet was broke

and then you had an entire legion (the majority of them, not the individuals I speak with privately) who have said Janet Jackson entire career should be attributed to the fact that she was Michael jackson's sister and that her efforts (or the lack thereof by those in estimation) had nothing to do with it.......

all of this input was driven, pushed, and plodded to no end.......

I even saw a guy on the KOP forum who told me prior to Janet's interview with Robin Roberts in late 2010, that she was a co-conspirator in her own brother's "death"....

that blew me away....I fell out my chair when i heard that brand of wishy wash....

this is what we have been dealing with for god knows how long

and now, we also learn that instead of the 100 million records Janet was said to have sold during her career, that number has been accurately accounted for now

what was the discrepancy?.....

mainly because during the late 80s/early 90s, Billboard magazine misled the public regarding sales figures because they purposely omitted the albums purchased by black consumers.......

and white radio and black radio roasted Janet last year during that fiasco saying she struck that girl when she never put a hand on her, going as far as to say that she was a danger to those 3 kids.......I have no respect for none of those posers.......I witnessed it all, both have been treating this family like a pinyata for well over 20 years

and they have done so either out of a position of entitlement, or the fact they try to gain access and use the Jackson family to try and come across intelligent to boost their careers......

but I bet, no sooner than the summer breaks out, all those stans will be begging Janet to come on their airwaves or tv shows for an exclusive interview and if I was her, I wouldn't give them the time of day, They'll be loving Janet, but they backbited during that period of all out madness

who cares about Forbes magazine and what they say....screw Forbes...they are the financial reporting version of Billboard Magazine during the late 80s/early 90s....

all she has to do is call that bank........lollllllll

oh yes......the brothers are doing their thing too after their careers were sabotaged and shut down...

the sun is shining.........so much more to say........

She's laughing big time........I'm laughing too.....because millions and millions thought she was broke, and they fell for the okie doke yet again..

poor humpty dumpty

[Edited 5/23/13 18:26pm]

[Edited 5/23/13 18:32pm]

what's the moral to the story

THINKING SOMETHING IS RIGHT isn't the same as ACTUALLY BEING RIGHT..

for THINKING or ASSUMING is the mother of all miscalculations....it sets one up for the okie doke every time they do it...

Janet Jackson started recording music at the age of 15, and released her very first solo album in 1982, that's 31 years ago to this year....

and she started acting professionally at the age of 10-11 years old.....

acted on Good Times, Diff'rent Strokes and Fame, and she did all of this before she released CONTROL in 1986

and AALLLLLLL of her albums from CONTROL, to RHYTHM NATION, to JANET, to VELVET ROPE sold more than what Billboard estimated because this entity purposely omitted the sales purchased by black consumers.......

I notice, the only thing opponents are constantly focusing on is the movie revenue that she has earned........but they think they know but don't and what they do know don't count....

but see the thing is........people can't figure out how she pulled this off because they keep falling for the okie doke, and ironically, they are the ones who believe what the media was saying.....

they have been fooled, duped, juked, conned into believing this woman was broke

and ironically

the person that was said to be rich was broke, and the person who was said to be broke is not only rich, but billionaire rich...........

the thing about it is, Janet never flaunted her money, never tried to live the opulent lifestyle, always maintained her privacy, so therefore, NOBODY knows what she had been investing in over the past 25 years....nobody has a clue...that's the beauty of it......

and I ain't seen nobody other than SEANMAN mentioned teh fact that Janet acquired her masters from Virgin..so she has TOTAL control over her music while the guy who was said to have owned the most storied music catalog mortgaged it at least 3 times, and had to relinquish all of his assets in the end.......but once again, when we THINK something is true, we always fall for the okie doke

and that's why JANET JACKSON is smiling from cheek to cheek, because she knows that millions fell for that okie doke, and now, she has won, and she knows she's won, she's in control, checkmate, and nobody can figure out how she did it.....

that's the beauty of this story...and I believe what she is going to do in the very near future is acquire a body of history that's currently controlled by entities that don't have no business owning it, and she will make sure that body of history is returned back to the rightful owners.......

oh yes, there is a Creator, making brighter days...dah, we fall in line, waiting for you...

yes she is, Just Another Part of Me....

heeee, heeee.....Aoooowwwwwww........(My favorite song on Bad).....

this is an all time favorite scene of how those who act from a false position entitlment, how they fall for the okie, and this how Janet Jackson set them up.......lolll

[Edited 5/23/13 19:08pm]

There is hope for all women out there with marginal beauty and no talent.

Wow, as quick as the media was to proclaim Janet the newest billionaire, now just as quickly they are tripping over themselves trying to backpedal away from this story as fast as they can saying Hold on! She's no billionaire!

Why Janet Jackson isn't a billionaire (technically)

Janet Jackson has reportedly joined the billionaires club. Funny thing: The singer isn't actually a billionaire.

The pop star, 47, was named a "billion dollar entertainer" by Variety, but depending on how you calculate net worth, it doesn't actually mean she's a billionaire at all.

In fact, the only "billionaire"-related reference from Variety comes in the form of a small black label on the article that actually reads "Billion-dollar entertainer: Janet Jackson." That phrase has been garbled up in the news cycle to mean "billionaire." Which it doesn't.

The Variety story about Miss Jackson is surrounded by full-page ads from AIDS advocacy group amFar congratulating her on that achievement, and some sidebars on her choreography and philanthropic work. However, nowhere in the story (which also doesn't quote her) does it say that she's a billionaire. But several media outlets have been touting and sourcing the trade publication, asserting that she is.

http://www.latimes.com/en...6022.story

Janet Jackson PR team fails to promote her as a billionaire

Yesterday, the story went viral. Janet Jackson, who has not had anything close to a hit in over 12 years, suddenly became a billionaire. It is assumed that Janet's PR team "leaked" the information to Variety, who counted up all the money Jackson grossed over the past 25 years in album sales, concert ticket sales, etc. It added up to more than a billion.

http://www.examiner.com/a...illionaire

Janet Jackson Not on Forbes Billionaire List

Apparently the internet is full of rumours of Janet Jackson’s fabulous wealth. She is constantly referred to as the “billionaire” entertainer. But Forbes says, “No!” She is not on their “official” billionaires list. So despite the press touting the fact, a billionaire, according to Forbes, she is not.

It appears that this whole misunderstanding came about after a story in Variety about Ms Jackson, with the snappy title of “Behind the Velvet Rope.” In the article they write about Janet’s work with the charity AmFAR and the article is flanked on all sides by full page advertisements that all congratulate the performer on being a “billion dollar entertainer.”

Of course Variety does not indicate that she is a billionaire in the story. What is does is point out all the cash that her work has earned her over the length of her career.

http://guardianlv.com/201...aire-list/

Well, it's not a big deal .....
teams of artists are constantly trying to attract the attention of the false (or incorrect) figures.

Madonna was already a billionaire several times ... in the media, of course, not in reality.
Thriller has sold 120 million ..inflated figures by 40%
Bono has also been a billionaire.

Actually it's not even a lie, it is rather a half-truth.
generate and to have - it's not the same thing, but not everyone delves into the details.

whats really amazing is how yall sitting on here trying 2 tear down her numbers and say what she aint or whatever even if she not a billionaire could u match what she has in her bank account???? either way it goes she is super rich and now she married 2 a billionaire another big step up for her . how many of yall can say u married a man thats super rich???. janet has never been known 2 have money problems so where ever she stand its more than what i have

KCOOLMUZIQ said:

If she's not she will be soon. Just like Diana Ross who married a billionaire She will be very soon. Janet was already a wealthy woman & not an extravagant spender either. Just hope she drops some babies with him like call her Miss Ross did...

[Edited 5/23/13 11:31am]

Janet is 47...How old was Diana when she had her youngest boys?

Chancellor said:

KCOOLMUZIQ said:

If she's not she will be soon. Just like Diana Ross who married a billionaire She will be very soon. Janet was already a wealthy woman & not an extravagant spender either. Just hope she drops some babies with him like call her Miss Ross did...

[Edited 5/23/13 11:31am]

Janet is 47...How old was Diana when she had her youngest boys?

43yrs

SEANMAN said:

Supposedly, she gained control of her Virgin records masters this year, too, because of a clause in one of those landmark record deals she signed in the '90s. Add that on top of everything else and yeah, girlfriend is P-A-I-D.

Does she own her A&M masters?

Get money bitch !!!

imago said:

There is hope for all women out there with marginal beauty and no talent.

CynicKill said:

Prince paved the way!

I'm not sure of the logistics of it all but I'm sure Prince had a contract that many artists signed back then. I'm not saying he should've but it is what it is. The problem with many artists is that they probably didn't even think of the importance of ownership back then. Because of Prince's being so vocal back in the day, now they do.

Some artists have loopholes in their contracts. Prince most likely doesn't.

Prince could be lackadaisical about many of his dealings back in the day, but I call BS on laying this one on him.

He was just ignorant as an artist.

I'm sure Ray Charles was the first.

Musicslave said:

Wasn't it a few weeks or months ago that the know-it-all media claimed she was only worth 150 milli. I thought that figure was quite low for someone of her history of achievements. I don't know what she's worth but I do know that she was killing it in her prime. Those contracts were unprecedented at the time. Although she may not be the hot, young "it" girl at the moment, odds are, she was making more money per CD/Download back then versus what the younger acts are making now. Janet always seemed like the silent investor type of person. I remember when she and Magic Johnson invested in their own bank together. I say this to say, who knows what she's worth or how she invested her money through the years or how that money has compounded throughout the years. Janet is from the school of living off your interest.

Great post!

MrUFOman93 said:

Get money bitch !!!

imago said:

There is hope for all women out there with marginal beauty and no talent.

imago said:

There is hope for all women out there with marginal beauty and no talent.

Well then there's hope for your mother yet!

cbarnes3121 said:

whats really amazing is how yall sitting on here trying 2 tear down her numbers and say what she aint or whatever even if she not a billionaire could u match what she has in her bank account???? either way it goes she is super rich and now she married 2 a billionaire another big step up for her . how many of yall can say u married a man thats super rich???. janet has never been known 2 have money problems so where ever she stand its more than what i have

haha very true. It's good to know she has somebody who is well off and doesn't need publicity or money. They both seem very private which is the way to be in this business.

Janet might be a very smart woman when it comes to handling her affairs and good for her.

Spike Lee tweeted that Janet donated a lump sum to the Malcolm X movie

[Edited 5/24/13 15:20pm]

OfftheWall said:

cbarnes3121 said:

whats really amazing is how yall sitting on here trying 2 tear down her numbers and say what she aint or whatever even if she not a billionaire could u match what she has in her bank account???? either way it goes she is super rich and now she married 2 a billionaire another big step up for her . how many of yall can say u married a man thats super rich???. janet has never been known 2 have money problems so where ever she stand its more than what i have

haha very true. It's good to know she has somebody who is well off and doesn't need publicity or money. They both seem very private which is the way to be in this business.

Janet might be a very smart woman when it comes to handling her affairs and good for her.

Spike Lee tweeted that Janet donated a lump sum to the Malcolm X movie

[Edited 5/24/13 15:20pm]

She did, and she got a special thank you credit at the end of the film too.

2013MW said:

At the end the day its know boby business but hers

Actually, no. A bunch of people are making comments on this thread that are factually incorrect. I'm a money manager, I do actually know what I'm talking about. Financial records aren't some mysterious, hidden thing that nobody can check. The only way she could be a billionaire and not have it be public record is if she was breaking laws left and right.

And I will say again; the beginning of this thread says she is JOINING HER HUSBAND AS A BILLIONAIRE, not that she became one by marrying him. Then it goes on to list some the most ridiculous, pulled out of thin air finacials that I've ever seen. Those numbers total a billion dollars, but they're completely fake.

Don't quote me word for word on this but I think it was in the 90's when I heard on the radio that Janet signed a Multi Million dollar contract with some label and she bought all of her Nieces & nephews Computers. The Janet Die Harders might remember that as well...

**********************************************************************

And since we're talking about the 90's let's do another Flash-back...Who would've THUNK Janet & the Late Great Luther Vandross would EVER Duet together? "The Best things in Life are Free" became a Number 1 R&B Hit...Janet & Luther surprised us with that Collaboration.

Chancellor said:

Don't quote me word for word on this but I think it was in the 90's when I heard on the radio that Janet signed a Multi Million dollar contract with some label and she bought all of her Nieces & nephews Computers. The Janet Die Harders might remember that as well...

**********************************************************************

And since we're talking about the 90's let's do another Flash-back...Who would've THUNK Janet & the Late Great Luther Vandross would EVER Duet together? "The Best things in Life are Free" became a Number 1 R&B Hit...Janet & Luther surprised us with that Collaboration.

Her two Virgin Records contracts in the '90s (one in 1992 and the other 4 years later) made her the highest paid recording artist in history both times. MJ shortly eclipsed the first one, I believe.

cborgman said:

The 47 year old has also banked an impressive $304 million from her box office roles in 2000's The Nutty Professor II: The Klumps, Poetic Justice and For Colored Girls.

there is absolutely no way that is true. i think they added the totals those movies made together and said she made that amount.

I agree. How can they add up the totals of all the gross box office receipts and say she earned that towards her billion?