Michael Jackson still earning the big bucks well after his death - in 2011
The man once called the greatest entertainer the world has ever seen is still making a lot of money, and I mean a lot of money. However, he has been in the news more recently via the court case against Dr.Conrad Murray.
The whole world is now waiting on the final outcome of Murray's defense during his involuntary manslaughter trial at the death of singer Michael Jackson, which is being held at the Los Angeles Superior Court in Los Angeles, USA. Dr. Conrad Murray has pleaded not guilty and faces up to four years in prison and the loss of his medical license if convicted of involuntary manslaughter in Jackson's death.
Michael Jackson has passed away two years ago now at the age of 50. However, he always seems to be in the news these days, just as it was during his life. We now learn that his earning power still keeps bulldozing it’s all the way to the top.
For the 2nd year in a row, we find that Michael Jackson has become the top-earning dead celebrity on the Forbes Rich list – www.forbes.com
Jackson was estimated to have accumulated $170 million in earnings over the last past year alone.
In fact, between October 2010 and Oct 2011, his estate brought in alone $275 million.
Not only does that make him the top-earning dead celebrity it also places him as the second highest-earning pop star (dead or alive), right behind U2.
According to MTV News, Jackson's high posthumous revenue comes from music sales and his share in the Sony/ATV catalog.
The figure of $170 million may sound like a lot to most of us but it's a big jump down from what he made last year, which was $275 million.
Aside from his storied catalog, the King of Pop's estate also benefited from the Cirque du Soleil theatrical production 'Michael Jackson: The Immortal World Tour,' which is based on his life and began on the 2nd October 2011. is now on the road.
The full Top 10 list of Forbes Top-Earning Dead Celebrities for 2011:
- Michael Jackson $170 million
- Elvis Presley $55 million
- Marilyn Monroe $27 million
- Charles Schulz $25 million
- John Lennon $12 million (Tie)
- Elizabeth Taylor $12 million (Tie)
- Albert Einstein $10 million
- Theodor Geisel(Dr.Seuss)$9 million
- Jimi Hendrix $7 million (Tie)
- Stieg Larsson $7 million (Tie)
- Steve Mcqueen $7 million (Tie)
- Richard Rodgers $7 million (Tie)
- George Harrison $6 million (Tie)
- Bettie Page $6 million (Tie)
- Andy Warhol $6 million (Tie)
Forbes magazine has indicated that Michael Jackson's stay at number one could continue onto next year's list as well if Cirque du Soleil's Immortal tour becomes successful and rakes in high ticket sales.
(*Please click on the Tour poster below which will show you what is all about!)
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