The administrators of the late pop star's estate have brought in an estimated USD 160 million in the past year, according to Forbes magazine, thanks to deals with Cirque du Soleil and recorded music sales.
Jackson beat 'King of Rock and Roll', Elvis Presley, whose daughter Lisa-Marie was once the pop star's wife, and Peanuts cartoonist Charles M Schulz, who came third with a USD 37 million fortune.
Legendary actress Elizabeth Taylor and reggae star Bob Marley round out the top five.
Taylor's big bucks came from her White Diamonds perfume, which in 2012 brought in USD 53 million in the US alone, as well as rights in old movies, and her "smart stock and real estate investments.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%