The King of Pop is also the king of paper, according to Forbes.
The magazine crunched the numbers and the late Michael Jackson has earned more money in the past year than any other musician — dead or alive.
Between June 2012 and June 2013, Jackson’s estate earned $160 million. This surpassed the second-place earner Madonna, who made $125 million in that time span, by $35 million.
“It’s the third time in the past five years that the top-earning celebrity in the world has come from the graveyard,” reports Forbes.
According to Entertainment Weekly, Jackson’s earnings come from ”two Cirque du Soleil shows — one that tours, one housed at the Mandalay Bay Hotel & Casino in Vegas — and his half of the Sony/ATV song catalog, which includes his own hits as well as tunes like ‘When a Man Loves a Woman.’”
On the list of deceased earners, Elvis Presley comes in a distant second (with $55 million), followed by Peanuts creator Charles Schultz ($37 million), Elizabeth Taylor ($25 million), and Bob Marley ($18 million).
Michael Jackson is the Highest Earning Celeb – Dead or Alive was originally published on blackamericaweb.com