Michael Jackson is Top-Earning Dead Celebrity
Tue, 26 Oct 2010 12:08:04
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I have some incredibly morbid news to share. Michael Jackson, who passed away in June 2009, is this year's top-earning dead celebrity with $275 million in incomes, Forbes announced. Jackson's estate pulled in more income than the combined total of the other 12 dead celebs on the list, which means he made a lot of money from the grave. Jackson placed third on last year's list, raking in $90 million in posthumous income. A full year of mourning allowed fans to more time to spend more money, especially surrounding the one-year anniversary of his unexpected and tragic passing.
Elvis Presley came in second, earning $60 million from admissions to his former home, Graceland, which is now a museum and tourist attraction in Memphis, Tennessee, a Cirque de Soleil show and more than 200 licensing and merchandise deals, reports Reuters.
Jackson left behind $500 million in debt, so his estate is already halfway there, in terms of making money to pay down the debt, if that’s how this whole financial thing works.
Which dead celebrity do you miss the most? MJ? Brittany Murphy? I miss Heath Ledger.