June 28, 2016  

Michael Jackson Named Top-Earning Dead Celebrity for Second Consecutive Year

October 26, 2011 (2:54 am) GMT
Earning an estimated $170 million in the past year, the late King of Pop beats the likes of Elvis Presley, Elizabeth Taylor and John Lennon on Forbes' annual postmortem power list.

Two years after he died of a drug overdose at the age of 50, still has the power to earn big bucks. Forbes unveiled its annual "Top-Earning Dead Celebrities" list on Tuesday, October 25, and for the second year in a row, the late King of Pop came out as the leader of the pack.

The "Thriller" hitmaker's estate was estimated to have earned $170 million from sales of his music and his stake in the Sony/ATV catalog in the past 12 months. While it was far from the $275 million he earned in the previous year, his posthumous income this year still places him as the second highest-earning pop act over the past year, dead or alive, after .

Ranking second on the list was . The King of Rock 'n' Roll brought in $55 million over the last year. Viva Elvis, the Cirque Du Soleil show highlighting his music, helped the "Heartbreak Hotel" hitmaker retain his spot from the previous year. Meanwhile, came in third with $27 million.

, who passed away in March, also made the cut. Making her first appearance on Forbes' annual postmortem power list with $12 million, the legendary actress was in tie with former member on the number 5 spot. Others who round out the top 10 included guitarist and novelist Stieg Larsson.

The Top 10 of Forbes' 2011 Top-Earning Dead Celebrity:
1. - $170 million
2. - $55 million
3. - $27 million
4. Charles Schulz ("Peanuts" cartoonist) - $25 million
5. - $12 million
5. - $12 million
7. Albert Einstein - $10 million
8. Theodor Geisel (Dr. Seuss) - $9 million
9. - $7 million
10. Stieg Larsson (author) - $7 million

More Michael Jackson News

TODAY'S HEADLINES

  1. Two New Characters on 'The Walking Dead' Season 7 Revealed. Get the Details!
  2. Khloe Kardashian Tries to 'Move On and Focus on Herself' During Her 'Sad' 32nd Birthday
  3. Ansel Elgort Is in Talks to Star in 'Dungeons and Dragons' Reboot
  4. Did Britney Spears Delay Single to Include Sample of Justin Timberlake's 'Cry Me a River'?
  5. George Clooney Reportedly 'Refused' to Protect Wife Amal From 'Bloodthirsty Terrorists'
  6. Kylie Jenner Asks Tyga to Move Back Into Her House
  7. Rihanna Is Unhappy Kanye West Put Her in Bed With Donald Trump and George W. Bush in 'Famous' Video
  8. Iggy Azalea Gets Thanked for 'Ruining Hip-Hop.' See Her Reaction