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Even In After Life, Michael Jackson Still Made Millions This Year Worth $825 Million

Travelers Today       By    Miriam Tumpalan

Updated: Oct 17, 2016 02:02 PM EDT

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michael jackson, sony, forbes, P. Diddy, dr. phil, Sofia Vergara, kevin hart
Michael Jackson Announces Plans For Summer Residency At The O2 Arena
LONDON - MARCH 05: Michael Jackson announces plans for Summer residency at the O2 Arena at a press conference held at the O2 Arena on March 5, 2009 in London, England. (Photo by Tim Whitby/Getty Images)
(Photo: Tim Whitby / Stringer)

Michael Jackson, known as the "King of Pop", is still topping the charts! However, this time it's just the Forbes list of top-earning dead celebrities.

Another annual list of Forbes has been released and Michael Jackson is named the highest-earning entertainer, living or dead, which is a record for any celebrity payday, as reported by Forbes.

The shocking news of Jackson's death struck the world in 2009, but his $825 million take home this year will create questions in people's minds. How can a dead person bring in this much cash?

Most of it can be credited to the sale of half of the Sony/ATV music-publishing catalog worth $750 million in March. In 1985, Jackson originally bought it for $47.5 million and raised another $115 million when Sony partnered up with him. Although this number is still pretax, Michael Jackson will still get bulk of his money.

According to Forbes, Michael Jackson still receives income from his Mijac Music publishing catalogue, which contain copyrights of his own hit songs and several of his favorite songs by numerous artists. During his career, he racked in $3 billion pretax which is before and after his death.

Meanwhile, New York Post collectively reported the "Highest" lists' top earners namely Dr. Phil ($88 million, the highest-paid TV-show host), Kevin Hart ($87.5 million, the highest-paid comedian), Diddy ($62 million, the highest-paid hip-hop act), and Sofia Vergara ($43 million, the highest-paid TV actress).

Taking the next seat, whose millions of "miles" away, is "Peanuts" creator Charles Schulz earning $48 million. He died in 2000 at the age of 77, while Arnold Palmer took home $40 million. Of course, who doesn't know Elvis Presley, right? He's in the list too nabbing $27 million, while Prince, who recently died, made a $25 million haul, according to Yahoo.

Here's the full list of most-earning deceased celebrities.

Michael Jackson, $825 million
Charles Schulz, $48 million
Arnold Palmer, $40 million
Elvis Presley, $27 million
Prince, $25 million
Bob Marley, $21 million
Theodor "Dr. Seuss" Geisel, $20 million
John Lennon, $12 million
Albert Einstein, $11.5 million
Bettie Page, $11 million
David Bowie, $10.5 million
Steve McQueen, $9 million
Elizabeth Taylor, $8 million

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