Value: $130 million
Jackson's music publishing company, Mijac, is administered by Warner/Chappell. Based on a reported value for Mijac of at least $75 million in 2005, Billboard estimates Mijac currently has a value of around $150 million. At that value, it generates about $25 million per year in revenue. In the last 12 months, according to sources, that number could have doubled to as much as $50 million.
Jackson also owns half of Sony/ATV, formed in 1995 when Sony paid Jackson $90 million for 50% of ATV Music Publishing. Barry Massarsky of Massarsky Consulting says that Sony/ATV is comparable to BMG Music Publishing two years ago when Universal Music Group acquired it for $2 billion. Massarsky estimates Sony/ATV is worth about 80% of BMG at the time of acquisition, or $1.6 billion. Jackson's share is half that, or $800 million. Based on a multiple of eight to 10 times net publisher's share, Jackson's share of the company's revenue is $80 million per year.