Michael Jackson: Still King Of The Charts From Beyond The Grave

The King of Pop Still Rules

Michael Jackson has once again moonwalked his way to the top of Forbes' list, being crowned the 'Highest Paid Dead Celebrity.' Since his untimely passing in 2009, the King of Pop's estate has amassed an incredible $3.5 billion. This staggering figure is a testament to his enduring legacy and the lucrative nature of his musical empire.

Breaking Records from Beyond

A glance at Forbes' 25th annual Highest-Earning Dead Celebrities List reveals a star-studded lineup, including The Notorious B.I.G., Miles Davis, and Jimmy Buffett. Yet, it's Michael Jackson who stands head and shoulders above the rest, redefining what it means to earn from the afterlife. "When it comes to estate earnings," a top estate lawyer shared with Forbes, "it’s MJ, then an enormous canyon, then everybody else."

Legacy Built on Timeless Music

Jackson's estate has consistently topped the charts, with $105 million earned in just the past year alone. This success is rooted in a savvy handling of his assets, including his ownership of publishing rights and master recordings. His acquisition of the ATV catalog in 1985, which included songs by John Lennon and Paul McCartney, proved to be a masterstroke. When the estate sold its stake to Sony in 2016, it fetched $750 million – a testament to Jackson's far-sighted investments.

Controversies and Triumphs

Despite the controversies that clouded his final years, Jackson's brand remains a powerhouse. In 2012, a Cirque du Soleil tour themed around his music grossed $160 million, and his posthumous concert film, 'This Is It,' raked in $267 million at the box office. However, not all decisions have been smooth sailing. The estate's sale of a 50% stake in his publishing rights to Sony for $600 million was met with resistance from his mother, Katherine Jackson, who claimed it went against his wishes.

Joining the Legends

Jackson isn't alone in the ranks of high-earning deceased musicians. The list also features icons like Elvis Presley, Bob Marley, John Lennon, and Prince, all of whom continue to captivate audiences and generate substantial income long after their passing. With Michael Jackson leading the way, these legends prove that their music and influence remain timeless.