Wednesday, October 27, 2010

Michael Jackson tops list of richest dead celebs

Micheal Jackson


According to Forbes, Jackson's estate has brought in a whopping $275 million over the past 12 months – more than the combined earnings of superstars Lady Gaga, Beyoncé, Jay-Z and Madonna, and more than any living artist or group, for that matter.
"[Jackson's] kids are going to have grandkids before that money's gone," estate lawyer Donald David, who handled Tupac Shakur's finances, tells the magazine.

The beloved singer's good fortune is due in large part to licensing deals cut by executors of his estate, a surge in sales of his music catalog and the $250 million box office of his film, "This Is It."

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