MICHAEL JACKSON’S sister Janet did not put off her New Year’s Eve wedding because of cold feet but because of cold cash, a friend has revealed.

The singer was due to marry Arab ­multi-billionaire Wissam Al Mana but their lawyers could not organise the prenuptial agreement in time.

This is no small matter as twice-­married Janet has amassed a fortune of £93.5million from 10 hit albums and six major tours while Wissam is one of the richest investors in the Middle East where he represents such fashion and style icons as Hermes and Sonia Rykiel. He is also a major shareholder in Saks Fifth Avenue stores in Dubai, Doha, Bahrain and Kuwait.

“Janet will be marrying into the sort of wealth not even her brother Michael managed to amass during his lifetime of success,” said her friend. “She’s looking forward to a fairytale life with Wissam.”

Should the fairytale turn sour then the agreement still being worked on is reported to guarantee Janet, 46, a “kiss-off” of half-a-billion dollars (around £312.14million) if they divorce after a minimum of five years.

Luxury brand mogul Wissam, who at 37 is nine years her junior, last week confirmed their wedding will go ahead in his home country of Qatar in April or May, adding: “We are very happy and very excited.”

Janet’s friend said: “She did not get cold feet over a New Year’s wedding, as has been suggested. They decided to wait until spring so they can complete every arrangement, including the prenup.” Wissam has promised to fly in all members of Janet’s family who wish to attend on his private jet.”

One member of the feuding Jackson family unlikely to take up that offer, is Janet’s niece Paris, 14, Michael’s daughter. Janet was caught on camera appearing to slap Paris’s face last July during an altercation outside the home in Los Angeles she and her brothers Prince, 15, and Blanket, nine, share with their grandmother Katherine Jackson.

The two were reportedly arguing over Paris tweeting about ­family squabbles over her father’s estate during a bizarre period in which Katherine was, mistakenly, reported to have been “kidnapped” by family ­members

Source: express.co.uk