It looks like American Idol judge Randy Jackson is one frugal multi-millionaire.
According to his first wife, her and their daughter live on a ridiculously tiny budget that Randy refuses to increase.
The National Enquirer reports:
“AMERICAN IDOL” judge RANDY JACKSON may be worth an estimated $40 million, but he’s a cheapskate dad, according to court records exclusively obtained by The ENQUIRER.
While Randy’s fortune has soared in recent years, his ex-wife Elizabeth had to fight to get boosts in child support that reflect his massive income, say sources.
When the two divorced in 1993, Randy agreed to pay $1,950 a month in child support based on his $250,000 annual income.
But in 2004, Elizabeth took Randy back to court and demanded more money. She claimed he was making a whopping $1 million a year as an “American Idol” judge while she was scraping by on approximately $30,000 a year.
Elizabeth told the court that she and her then-14-year-old daughter Taylor were living in a rundown, 2-bedroom rented house in Studio City, Calif., while Randy was residing with his new wife Erika, now 42, and their two kids in a multimillion-dollar Encino mansion.
According to papers filed in court, Elizabeth’s rented house was uncomfortably cold at night, with paint peeling in the bathroom and an unreliable water heater.
But their home wasn’t the only problem, said a source who characterized Randy, 55, as “a bit of a tightwad.”
The source told The ENQUIRER : “If Liz needed additional financial help for their daughter, like tutoring or a hair appointment, she had to write to his accountants to be reimbursed. She also asked Randy to reimburse her for Taylor’s lunch money – just $71 a month – and he even stalled on that.
SMH. Of course, MSDTV will keep you posted. Stay Tuned.