Michael Jackson is Forbes' top-earning dead celeb
Five years after his death, singer Michael Jackson is generating a fortune.
The top-eaing dead celebrity raked in an estimated $160 million in the past year for his estate, Forbes said on Wednesday.
He eaed more than twice as much as singer Elvis Presley, who died in 1977. Presley came in second with $55 million.
Third place goes to cartoonist and Peanuts comic strip creator Charles Schulz, with $40 million.
"Few celebrities prove the point that there is (financial) life after death better than Michael Jackson," Forbes said.
It is Jackson's second straight year on top the list.
He regained the title in 2013, a year after being pushed into second place by actress Elizabeth Taylor.
Jackson's second album released after his death, Xscape debuted at No. 2 on the pop charts in the past year and the singer also appeared as a hologram at the Billboard Music Awards. Two Cirque du Soleil shows, Immortal and One, account for much of Jackson's eaings along with his music catalog and publishing empire.
Taylor, who died in 2011, came in at No. 4 with $25 million and reggae singer Bob Marley completed the top five with $20 million for the year ended October 2014. Marley died of cancer at the age of 36 in 1981.
Elizabeth Taylor
Photos: Reuters, Facebook
Forbes compiled the list by talking to estate managers, lawyers and licensors and analysing estimated posthumous eaings between October 2013-14.
Here's the full list of the top-eaing dead celebrities:
- Michael Jackson
- Elvis Presley
- Charles Schulz
- Elizabeth Taylor
- Bob Marley
- Marilyn Monroe
- John Lennon
- Albert Einstein
- Bettie Page
- Theodor Geisel
- Steve McQueen
- Bruce Lee
- Jenni Rivera
Sources: Reuters, Forbes - See more at: http://www.tnp.sg/entertainment/michael-jackson-forbes-top-eaing-dead-celeb#sthash.F3Xlw6gm.dpuf
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