Friday 15 December 2017

Jackson riches outshone by Liz Taylor's diamonds

Michael Jackson is no longer the world's highest-earning dead celebrity, according to 'Forbes'.

Elizabeth Taylor has overtaken him, pulling in $210m (€162m), much of it from the auction of her jewels.

It means Jackson's earnings are now in second place in the rich list. The singer's earnings totalled $145m (€112m), outranking Elvis Presley, who took in $55m (€42m).

It is expected that Michael Jackson will eventually move back to top spot. His estate owns a large stake in Sony's ATV catalogue, which includes artists like Taylor Swift, Lady Gaga and The Beatles.

In addition to the auction, which totalled $184m (€142m), the actress also earned $75m (€58m) from sales of her perfume. She died in 2011 at the age of 79.

Irish Independent

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