Michael Jackson Kids Caught In $1 Billion Battle!

An ugly new feud has exploded between Michael Jackson’s three children and their greedy kin, who want a slice of the proceeds from the sale of his record business, sources say.

Although part of a $750 million windfall from Sony records will pay off the Jackson estate’s remaining debt, insiders say the deal will ultimately be worth $1 billion for Michael’s kids Prince, 19, Paris, 18, and Blanket, 14.

However, some of Michael’s sour-grapes siblings are battling for a piece of the pie, sources say.

“To no one’s surprise, the family is already at war over the money,” says an insider. “And it’s getting ugly.

To find out which brothers think they’re entitled to some cash, pick up the latest issue of GLOBE!