Is it just me or is it weird that dead celebrities make SO much money?
The recent anniversary of Michael Jackson’s untimely death generated a bunch of stories about the entertainer and his financial legacy. The bottom line is quite impressive, considering Jackson’s estate was a reported $400 million in debt prior to his death.
In the past year, the singer’s estate has generated hundreds of millions dollars and the cash flow is expected to continue for some time to come, according to a New York Times report.
Plenty of other celebrities make big bucks when they’re gone, but you might be surprised by who’s on Forbes annual ranking of the top earners among the celebrities who have passed on. (Forbes always has a list.)