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Prince Michael Jackson is Michael Jackson's son. He was given the nickname Blanket because Michael dangled him off a balcony when he was a baby, and he was covered only by a blanket. That would have been traumatizing if he could remember it.
Prince's mother is unknown. He was supposedly conceived with Jackson's sperm via a surrogate mother. Also unknown is with whom Prince will live after Michael's untimely death. We hope he and his older brother and sister are all okay.