Michael Jackson is highest earning musician — dead or alive, according to Forbes

Share The Grio Share The Grio
Michael Jackson's classic single glove was actually worn to cover up his skin condition of vitiligo, not to make a fashion statement. (Photo by Ebet Roberts/Redferns)

Michael Jackson's classic single glove was actually worn to cover up his skin condition of vitiligo, not to make a fashion statement. (Photo by Ebet Roberts/Redferns)

The King of Pop still reigns.

According to Forbes magazine, the late Michael Jackson has earned more money in the past year than any other musician — dead or alive.

Between June 2012 and June 2013, Jackson’s estate earned $160 million. This surpassed the second-place earner, MJ’s living rival Madonna, who made $125 million in that time span, by $35 million.

“It’s the third time in the past five years that the top-earning celebrity in the world has come from the graveyard,” reports Forbes.

According to Entertainment Weekly, Jackson’s earnings come from “two Cirque du Soleil shows — one that tours, one housed at the Mandalay Bay Hotel & Casino in Vegas — and his half of the Sony/ATV song catalog, which includes his own hits as well as tunes like ‘When a Man Loves a Woman.’”

On the list of deceased earners, Elvis Presley comes in a distant second (with $55 million), followed by Peanuts creator Charles Schultz ($37 million), Elizabeth Taylor ($25 million), and Bob Marley ($18 million).