Michael Jackson net worth: Michael Jackson, the King of Pop, may have left this world in 2009, but his influence on the music industry and his ability to generate income have continued long after his passing. In this article, we’ll delve into the posthumous earnings of the legendary musician and explore how his net worth has continued to grow, making him one of the highest-earning deceased celebrities in history.
The Early Years of Michael Jackson
Before we discuss the impressive posthumous earnings of Michael Jackson, it’s essential to take a look at his remarkable career and achievements during his lifetime. Born in 1958 in Gary, Indiana, Jackson began his journey in the entertainment industry at a very young age as part of the Jackson 5. His solo career took off in the 1970s, and he quickly became an international sensation with hits like “Thriller,” “Billie Jean,” and “Beat It.”
Throughout his career, Michael Jackson sold over 750 million records worldwide, making him one of the best-selling music artists in history. He also won numerous awards, including 13 Grammy Awards and the prestigious Legend Award at the MTV Video Music Awards. His impact on the music industry is immeasurable, and his work continues to inspire artists and musicians to this day.
Despite his passing in 2009, Michael Jackson’s net worth has only continued to increase. One of the primary reasons for this is the vast catalog of music he left behind. His album “Thriller” remains the best-selling album of all time, and his songs are streamed and downloaded by millions of fans worldwide. As a result, his estate continues to earn substantial royalties from music sales and licensing deals.
Additionally, Michael Jackson’s posthumous earnings are bolstered by his estate’s ownership of the Beatles’ catalog. In 1985, he purchased ATV Music Publishing, which included the rights to many Beatles songs. This savvy investment has paid off handsomely for his estate, as they continue to profit from the use of these iconic songs in films, commercials, and more.
The Michael Jackson Estate
The management of Michael Jackson’s estate has played a significant role in the continued growth of his net worth. Executors of the estate have overseen various projects, including the release of posthumous albums like “Xscape” and the documentary “Michael Jackson’s This Is It.” These endeavors have not only celebrated his legacy but also generated substantial revenue.
Furthermore, the estate has entered into lucrative deals with companies like Sony Music, Cirque du Soleil, and even Netflix for a documentary series. These partnerships have further solidified Michael Jackson’s financial standing, making him a posthumous powerhouse in the entertainment industry.
Legal Challenges and Controversies
It’s important to note that Michael Jackson’s posthumous earnings haven’t been without their fair share of legal challenges and controversies. The most significant of these disputes was the 2019 documentary “Leaving Neverland,” which alleged child sexual abuse by the late singer. Although the Jackson estate vehemently denied the accusations and sued HBO for $100 million, the controversy did lead to some backlash.
Nevertheless, the controversy surrounding Jackson’s personal life has not significantly dampened his posthumous earnings. His music and legacy continue to captivate audiences worldwide, and his estate remains a well-managed financial entity.
Michael Jackson’s net worth continues to grow, even more than a decade after his passing. His incredible musical legacy, savvy investments, and strategic management of his estate have made him one of the highest-earning deceased celebrities in history. While controversies may have surrounded his personal life, his impact on the music industry and his ability to generate income remain undeniable. The King of Pop may be gone, but his financial reign lives on.