King of Pop tops dead celeb list, making $1.1b
MICHAEL Jackson headed an annual list of the top-earning dead celebrities on Wednesday for the fourth straight year,
far outstripping fellow music icons Prince and David Bowie who died earlier this year.
Jackson, who died in 2009, raked in US$825 million (S$1.1 billion) for the
12 months ending Oct 1, according to estimates
That came mostly from
the Jackson estate's
US$750 million sale of his remaining stake in the Sony/ATV music publishing catalogue to Sony.
Sales of Prince albums soared after the musician
died of an accidental
drug overdose in April.
Forbes ranked him in fifth place overall with estimated earnings of US$25 million,
just below Elvis Presley
with US$27 million.
Bowie, who died of cancer in January, outsold both Presley and Jackson in albums and singles this year.
But the British singer's estimated earnings totalled just US$10.5 million.
Golf legend Arnold Palmer, who died last month,
claimed the No. 3 spot with US$40 million, mostly from licensing and endorsements.