Michael Jackson Named Top-Earning Dead Celebrity
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Michael Jackson Named Top-Earning Dead Celebrity

October 26, 2010 Oprah Winfrey, Michael Jackson, John Lennon, Elvis Presley

Having passed away over a year ago, Michael Jackson's music, movies, merchandise, and more earned the celebrated King of Pop the title of Top-Earning Dead Celebrity from Forbes Magazine for this year.

According to Forbes, the Jackson estate raked in over \$275 million this year. That's more than the rest of the top 10 list combined, which includes Elvis Presley and John Lennon.

He earned more than any musician or actor, living or dead, and he was also reportedly the top-earning celebrity living or dead this year after only Oprah Winfrey.

Since Jackson's untimely death in June 2009, sales of Michael Jackson-related products skyrocketed. The posthumous earnings is thanks to Jackson's own best-selling catalog titles as well as his stake in the Sony/ATV catalog, his #1 concert film "This Is It," and sales of Michael Jackson-branded merchandise.

Jackson is sure to rake in even more, although likely not with a high number. Even more Jackson licensed products are hitting shelves, including a DVD collection, a video game, and an album of unreleased music.

Presley earned #2 on the list, with \$60 million, while #3 went to "Lord of the Rings" scribe J.R.R. Tolkien with \$50 million. Cartoonist Charles Schulz of "Peanuts" fame also earned \$33 million, while John Lennon came in at #5 with \$17 million.

By: Maverine Lane

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