Michael Jackson, the King of Pop, is still making waves in the music industry, even eight years after his death. According to Forbes, Jackson’s annual earnings have been over $100 million every year since his death in 2009, with 2020 being the only exception. This has brought his postmortem total to an astonishing $2.4 billion.
Jackson’s success posthumously has been attributed to his estate’s shrewd business decisions. His estate has continued to capitalize on his legacy by launching a Las Vegas Cirque du Soleil show, a Broadway musical, and various merchandising deals. Additionally, Jackson’s music continues to be popular and his songs are streamed millions of times each year.
In 2020, Jackson was recognized by Forbes as the top-earning dead celebrity for the eighth consecutive year. He beat out other deceased celebrities such as Elvis Presley, Charles Schulz, and Arnold Palmer. Jackson’s estate earned an estimated $48 million in 2020, which was a decrease from the $60 million it earned in 2019.
Despite the decrease in earnings, Jackson’s estate continues to be a major player in the music industry. Jackson’s music continues to be popular and his estate has made strategic investments in the industry, such as buying the rights to the Beatles catalog.
Jackson’s net worth is estimated to be around $2.4 billion, making him one of the wealthiest celebrities in the world. His estate has done an excellent job of capitalizing on his legacy and ensuring that his music and brand continue to be popular. Jackson’s posthumous success is a testament to his lasting impact on the music industry.