The King of Pop may be resting peacefully six feet under-ground in the Hollywood Hills however, his bank account is continuing to make history. For the second consecutive year Forbes Magazine has named Michael Jackson as the top earning “dead” celebrity.
The Scoop:
It’s been two years since Michael Jackson passed away at the age of 50 but the King of Pop’s earning power shows no sign of waning. For the second year in a row, Jackson tops our annual list of the Top-Earning Dead Celebrities.
Over the past 12 months Jackson’s estate brought in $170 million from sales of his music and his stake in the Sony/ATV catalog. That’s a big drop from the $275 million Jackson earned in the previous 12 months but it’s still enough to make him the second highest-earning pop act over the past year, dead or alive, after U2. [source]
Forbes 2011 Top 5 Earning Dead Celebrities include:
1. Michael Jackson – $170 Million
2. Elvis – $55 Million
3. Marilyn Monroe – $27 Million
4. Charles Schulz – $25 Million
5. John Lennon – $12 Million (Tie)
5. Elizabeth Taylor – $12 Million (Tie)