Wednesday, October 27, 2010

Michael Jackson Is # 1 In Earnings For Dead Entertainers With $275 Million In The Last 12 Months (News)




Michael Jackson's status as the King Of Pop has long been cemented. Even in death he continues to shatter records.

Forbes reports that MJ earned more than the combined earnings of 12 other entertainers on the list. He even managed to bank more loot than U2 and AC/DC combined.

Estate lawyer Donald David, who handled 2Pacs finances says, "Jackson's kids are going to have grandkids before that money's gone." reports CNN.

Jackson's earnings come from his stake in Sony/ATV catalog, album sales, the film 'This Is It', videos and anything else related to the late pop star.

Adam Kluger of the product placement company, the Kluger Agency says the demand will continue to grow over time.

"There is a strong demand for Michael Jackson's music and merchandise, and that will only increase as more material surfaces in the years following his death," he says.

The remaining top 13 on the list are Elvis Presley, $60 million; author J.R.R. Tolkien, $50 million; Peanuts cartoonist Charles M. Schulz, $33 million; John Lennon, $17 million; author Stieg Larsson, $15 million; Dr. Seuss, $11 million; Albert Einstein, $10 million; New York Yankees owner George Steinbrenner, $8 million; songwriter Richard Rodgers, $7 million; Jimi Hendrix, $6 million; Steve McQueen, $6 million; Aaron Spelling, $5 million.

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