Michael Jackson‘s eldest son Prince appears to making quite the name for himself on the Hollywood scene.

Sources tell PageSix that Prince – who is part-heir to Michael’s $1billion fortune – has cemented himself into the LA party circuit despite only being 17.

And worryingly, he’s also become close to Justin Bieber, who is hardly known for his squeaky clean image.

PageSix said: “Prince Jackson…is living large, making music with new pal Justin Bieber, sampling the Hollywood club scene, juggling multiple girlfriends and generally disregarding his guardians.”

The source also adds that Floyd “Money” Mayweather Jr – known for his high stake gambling – has been mentoring Prince about money and women. Again, worrying.

“He has been offering a lot of advice to Prince, including about women,” the source said. “It’s not as if he can turn to his family, because they’ve got their own thing going and they’ve never really had time for Prince, Paris or Blanket anyway.”

Prince, who receives a $66,000 monthly allowance from his father’s estate, has recently been spotted partying in Los Angeles, Las Vegas, Arizona, Hawaii and the Caribbean.

A family source added: “With all of these young girls and Bieber and Mayweather’s influence, we just hope that he doesn’t make a big mistake that he’ll have to pay for the rest of his life.”

Read more at celebrities.ninemsn.

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