In the above photo, Jackson wears the Golden Medal of Honour for Services to Vienna. Jackson is 46 and the award is only handed out to mainly architects, writers and artists who are over 50 years old and only about 1000 have been awarded since their inception in 1967.
From http://www.femalefirst.co.uk/entertainment/34842004.htm MICHAEL JACKSON has infuriated British Army veterans for wearing seven prestigious regimental badges during his child molestation trial. ... Regimental Secretary MAJOR RICHARD MILLS has been inundated with phone calls from furious soldiers, complaining about the THRILLER star wearing military symbols from the Royal Engineers, the Welsh Regiment, the Sherwood Foresters, the Wiltshire and Cheshire Regiments, the Royal Corps of Transport and the Royal Warwickshire Regiment among others. 
From http://www.nydailynews.com/news/crime_file/story/290422p-248612c.html Jackson bought the badges and medals from Ivan Hiller, a Santa Monica, Calif., dealer who lists their prices as between $125 and $600. Hiller declined to say how many pieces Jackson bought, saying only, "Michael Jackson in the past was a good customer." M.C. Tsen, director of Coldstream House, a New Hampshire-based Internet business that sells antique British military uniforms, doubted Jackson understood the significance of the symbols. "He's just like a child who dresses up like a soldier," he said. "There's no reason to get upset about that." 
There appears to be an enfatuation with British and European heraldry to Michael. No wonder the throne is hesitant to bequeath any recognition upon him.