Jackson is top-earning dead star
Source: Agencies |
October 27, 2010, Wednesday
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Print Edition
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MICHAEL Jackson's sudden death sparked an outpouring of grief around the world, but fans also opened their wallets to make him this year's top-earning dead celebrity with US$275 million, Forbes said on Monday.
Jackson raked in more than the combined total of the other 12 celebrities on the list, Forbes magazine said. He was ranked third on last year's list with US$90 million.
Elvis Presley came in second, earning US$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 over 200 licensing and merchandise deals.
"Jackson's spot atop our top earning dead celebrities list should come as no surprise given the renewed fan interest in music, videos and all things Michael Jackson," said Forbes writer Lacey Rose.
Jackson was 50 when he died in his Los Angeles home on June 25 last year, shortly before a planned series of comeback concerts in London. The singer left behind three children and a debt of US$500 million.
But his estate has generated millions since his death, mostly through record sales, the "This Is It" concert movie, licensing rights, deals to release new albums and a Cirque du Soleil stage show in Las Vegas.
"Thanks to a lucrative catalog, hit film and album sales, the late king of pop earned more in the last year than Lady Gaga, Madonna and Jay-Z, combined," said Rose.
Jackson's physician, Dr Conrad Murray, is awaiting trial on a charge that he is responsible for his death by administering a powerful anesthetic to help him sleep.
"The Lord of the Rings" author J.R.R. Tolkien, whose trilogy of novels was made into films by director Peter Jackson, came in at No. 3 on the Forbes list with earnings of US$50 million, while Charles Schulz, the creator of Charlie Brown and Snoopy, was fourth with US$33 million.
Former Beatle John Lennon, who would have turned 70 this year, was ranked No. 5 with US$17 million.
Presley, Tolkien, Schulz and Lennon all appeared on last year's list, which was topped by fashion designer Yves Saint Laurent with US$350 million after the sale of much of his estate. But Saint Laurent dropped off the list this year along with author Michael Crichton and artist Andy Warhol.
Jackson raked in more than the combined total of the other 12 celebrities on the list, Forbes magazine said. He was ranked third on last year's list with US$90 million.
Elvis Presley came in second, earning US$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 over 200 licensing and merchandise deals.
"Jackson's spot atop our top earning dead celebrities list should come as no surprise given the renewed fan interest in music, videos and all things Michael Jackson," said Forbes writer Lacey Rose.
Jackson was 50 when he died in his Los Angeles home on June 25 last year, shortly before a planned series of comeback concerts in London. The singer left behind three children and a debt of US$500 million.
But his estate has generated millions since his death, mostly through record sales, the "This Is It" concert movie, licensing rights, deals to release new albums and a Cirque du Soleil stage show in Las Vegas.
"Thanks to a lucrative catalog, hit film and album sales, the late king of pop earned more in the last year than Lady Gaga, Madonna and Jay-Z, combined," said Rose.
Jackson's physician, Dr Conrad Murray, is awaiting trial on a charge that he is responsible for his death by administering a powerful anesthetic to help him sleep.
"The Lord of the Rings" author J.R.R. Tolkien, whose trilogy of novels was made into films by director Peter Jackson, came in at No. 3 on the Forbes list with earnings of US$50 million, while Charles Schulz, the creator of Charlie Brown and Snoopy, was fourth with US$33 million.
Former Beatle John Lennon, who would have turned 70 this year, was ranked No. 5 with US$17 million.
Presley, Tolkien, Schulz and Lennon all appeared on last year's list, which was topped by fashion designer Yves Saint Laurent with US$350 million after the sale of much of his estate. But Saint Laurent dropped off the list this year along with author Michael Crichton and artist Andy Warhol.
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