Michael Jackson is once again the top-earning dead celebrity according to FORBES. Check out the list
In the time since Michael Jackson’s sudden death in 2009, the financial story that has played out has been nothing short of a thriller. The King of Pop has earned more than $1 billion before taxes since then, enough to pay off his personal debts and then some.
This year Jackson again leads our list of the 13 top-earning dead celebrities, pulling in $115 million over the past year. The main drivers of his afterlife fortune: the Vegas Cirque du Soleil show Michael Jackson One, the Mijac Music catalog, recorded music sales and half of theSony /ATV publishing empire.
“When a composer [or] a performer dies, that’s it,” says Josh Rubenstein, National Chair of Trusts and Estates at Katten Muchin Rosenman LLP. “It’s no more … once they’re dead and there can’t be any more [work], all of the sudden everybody comes in and says, ‘Oh, we’ve got to get this guy.’”
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