According to Forbes, Michael Jackson, who passed away in 2009, is still the highest earning celebrity after death. Maybe he’s gone today, but the memories and the legacy that he left are not going to be forgotten anytime soon.
It all started when they’ve discovered his amazing talent as a member of the Jackson 5. He successfully had his first solo albums in the 70’s and 80’s, including the Thriller and Bad. He was popular for his moonwalk dance that made fans go “crazy”. Some of them are following “his way” even today.
As of today, Michael Jackson has earned around $825 million. In 1985, Michael Jackson bought rights to his collection for around $47.5 million. Later, Sony and Michael Jackson agreed to a joint venture where Sony had paid him around $115 million for half of the publishing rights. The remaining half of Michael Jackson’s publishing company was purchased by them last March for $750 million.
This acquisition marked Michael as the highest paid dead celebrity in the world. Some investors even claimed it was way overpriced. Forbes has reported that music executive John McClain and lawyer John Branca had earned 30% of its annual return. Now both of them will benefit even more because of Michael Jackson’s estate has been bought.
Other dead celebrities who are included on the Forbes list are no other than David Bowie and Prince. However, they’re just behind the runner-up Charles Schulz. By the way, Charles Schulz is the one behind the Peanuts movie. Back in 2000, the Peanuts creator died of colon cancer. It was one of the most common degenerative disease in men who are 50 years and above. One of the reasons that most men died of colon cancer is not because of the disease itself, but the chemotherapy and radiation therapy that kills the good and bad cells. Just in 2016, he earned $48 million through the new Peanuts movie.
The whole world would never forget about what Michael Jackson had left us. It’s all about the dedication that he had for his fans and his family. Despite the misfortunes and controversies that he had experienced later in his life, he remains “The King” of pop music up to this day.