Michael Jackson earns more money now than when he was alive
29 August 2018, 12:06 | Updated: 29 August 2018, 12:11
The King of Pop's death has been very lucrative for his estate.
The estate of Michael Jackson is currently earning more money than the the late singer did when he was alive, according to newly-released court documents from 2015.
Jackson, who passed away in 2009 at the age of 50, is thought to have faced debts of up to $500 million (£388 million) at the time.
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The new documents claim that the executors of his estate have “disposed of most of the creditors’ claims” – though some debts still remain.
However, Jackson’s estate earned $74 million (£57.4 million) in 2015. These earnings include publishing rights, which brought in $2.4m (£1.9m) in that year alone. Jackson’s merchandising arm, Triumph International, brought in a huge $18.8m (£14.5m) in the same period.
In 2017, Forbes revealed that Jackson was the highest-earning dead celebrity for a fifth year in a row, taking in $75m.