Michael Jackson is the highest earning dead celebrity
The `Thriller` singer - who died in June 2009 from an acute overdose of the anaesthetic Propofol - has earned $275 million since his death, putting him at the top of Forbes list of the Top EarningDead Celebrities.
Michael`s earnings were more than the other 12 people on the list combined, including Elvis Presley and John Lennon, thanks to the "shrewd negotiations" of his estate.
Forbes said: "Jackson`s posthumous earnings have been bolstered by shrewd negotiations by his estate, including a merchandising deal and the rights to his name and likeness for the Sony film `This Is It`, which grossed over a quarter of a billion dollars."
`Hound Dog` singer Elvis came second in the list with earnings of $60 million, while `Lord of the Rings` writer J. R. R Tolkien was third with $50 million.
Discussing Elvis - who died in 1977 - Forbes said: "His portfolio of more than 200 licensing and merchandise deals got a nice boost from the late star`s 75th birthday celebrations. Commemorative events included Graceland exhibits, touring tribute concerts and an Elvis-themed cruise to the Bahamas."
Other deceased stars in the list of 13 include `The Girl with the Dragon Tattoo` author Stieg Larsson and scientist Albert Einstein.