Michael Jackson, the late pop icon, has been named the world’s highest-paid celebrity of 2024, despite passing away in 2009. According to a recent Forbes report, Jackson earned an astonishing $600 million last year, primarily from licensing deals, streaming royalties, and the sale of rights for his musical biopic, “MJ.”
The King of Pop’s posthumous earnings surpassed those of living celebrities, including Taylor Swift, who earned $400 million from her record-breaking Eras Tour. Even top earners like Dwayne Johnson, Tom Cruise, and Shah Rukh Khan could not match Jackson’s financial success, earning $88 million, $25 million, and $20 million respectively.
Forbes’ annual list of the world’s highest-paid dead celebrities highlights the continuing popularity and financial potential of stars even after their death. Following Jackson were Freddie Mercury, earning $250 million, Dr. Seuss with $75 million, and Elvis Presley at $50 million.
Since his death in 2009, Michael Jackson has amassed $3.2 billion through music royalties and intellectual property rights.
Michael Jackson earns record posthumously
Jackson’s career began with the Jackson Five and transitioned into a hugely successful solo career at the age of 18.
In the 80s and 90s, he solidified his status as the most iconic figure in the music world with hits like “Thriller.”
Jackson’s life was tragically cut short in 2009 due to an overdose of propofol administered by his personal physician, Conrad Murray, who was later convicted of involuntary manslaughter. His televised memorial service, held at the Staples Center in Los Angeles, was estimated to have been viewed by more than 2.5 billion people. More than 15 years after his passing, Michael Jackson has once again proven his staying power, not just as a cultural icon but as a financial force.
His “Thriller” album, which celebrated its 40th anniversary in 2022, remains one of the best-selling albums of all time. The upcoming biopic, along with strong merchandise and music deals, helped make 2024 another massive year for Jackson’s estate. Jackson’s enduring legacy and continued financial success underscore his lasting impact on the music industry.
Other notable updates on his legacy include the reissue of his 1991 album “Dangerous” in audiophile quality, the launch of a new site sharing daily digital artwork celebrating his life and career, and the return of the 1978 movie “The Wiz” to U.S. theaters for one day on May 18.
