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October 29, 2009

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YSL tops dead-celeb earnings list: Forbes

EVEN after death, celebrities make millions.

And none more than fashion designer Yves Saint Laurent, who surpassed singer Michael Jackson on Forbes.com's list of the highest-earning dead.

In its ninth annual list, Forbes said the Frenchman, considered one of the greatest designers of the 20th century and who died in 2008, made US$350 million.

Composers Richard Rodgers and Oscar Hammerstein came in second on the 2009 list with US$235 million.

The recently deceased "King of Pop" Jackson ranked third at US$90 million.

But Jackson is likely to be a big earner for years to come while Saint Laurent, who made the list for the first time this year, may have difficulty repeating.

"Saint Laurent had a massive estate sale, which brought in US$350 million. Michael Jackson has only made US$90 million since his death in June," said Forbes Senior Editor Matt Miller, who handles the dead celebrities list.

"Michael Jackson will make tens of millions of dollars a year because he has lucrative publishing rights, rights to all his memorabilia. There's still profits to be made from the movie which comes out tomorrow."

The Jackson movie "This Is It" hit theaters around the world yesterday. It is based on his rehearsals for a series of London concerts.

The other "King," Elvis Presley, was fourth on the list with US$55 million.

The ranking assesses the earning power of deceased celebrities, including musicians, authors, actors, and songwriters, among others.

Two names that unexpectedly did not make this year's list were Marilyn Monroe and James Dean.

The full list can be seen at: www.forbes.com/deadcelebs.





 

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