The magic of Michael Jackson is still very much part of entertainment despite him being dead for over eight years now. His death hasn’t stopped him from ruling the. For the fifth year in a row, MJ has been named as Forbes highest-earning dead celebrity with a whopping $75 million riding on his legacy. Golf legend Arnold Palmer takes the second spot with earnings of $40m.
MJ’s last album, Scream, has been picked up by a list of international shows and a stake in the EMI music publishing catalog has boosted his earnings. Golf legend Arnold Palmer takes the number two spot as sales of Palmer line of clothing continues to fly off the shelves in Asia and Arizona beverages continues to churn out 400 million cans of its Arnold Palmer beverages. He is followed by the creator of the Peanuts franchise Charles Schulz, who made $38 million this year.
The list released on Monday has listed three musicians in top 5 spots. The other two singers who join Michael Jackson are Elvis Presley and Bob Marley. Elvis Presley comes in fourth with earnings of $35m through his newly opened themed hotel The Guesthouse at Graceland and the Memphis entertainment complex. Bob Marley holds the fifth spot with an earning of $23m, largely added by House of Marley audio products and the Marley Beverage Co.The list is compiled from information gathered from pretax income from October 15, 2016, through October 15, 2017, before deducting cuts for agents, managers, and lawyers. Forbes quotes Nielsen SoundScan, IMDB, Pollstar Pro and celebrity estate experts as sources.