Forbes Asia - November 2016

(Brent) #1

Top-Earning


Dead Celebrities


1. MICHAEL JACKSON


$825 MILLION
MUSICIAN
DIED: JUNE 25, 2009 AGE: 50
CAUSE: OVERDOSE / HOMICIDE
Jackson paid $47.5 million in 1985 ($140 million in 2016 dollars) to
buy the Beatles-packed ATV publishing catalog. Ten years later
Sony paid him $115 million to form a 50/50 joint venture, then
purchased the other half this past March. In all, the sales gave Jack-
son’s estate, which is controlled by lawyer John Branca and music
executive John McClain, a 30% annualized return on investment.

2. CHARLES SCHULZ


$48 MILLION
CARTOONIST
DIED: FEB. 12, 2000 AGE: 77
CAUSE: COLON CANCER
The Peanuts creator moves near the top of
the list with his cut of the beloved brand’s
licensing revenue, boosted by last year’s
well-received 3-D Peanuts movie.

54 | FORBES ASIA NOVEMBER 2016


YES, THE PEARLY GATES seemed to welcome an unusual number of celebs in
the past year (David Bowie, Prince and Arnold Palmer, to name a few)—but the long-
departed King of Pop had the time of his afterlife. The $750 million sale of Michael
Jackson’s half of the Sony/ATV music publishing catalog, famous for its library of Beatles
tunes, puts him at the top of our annual ranking of the dead celebrities who earned the
most. This is ironic given that many critics, and some of Jackson’s advisors, once
derided the catalog as a badly overpriced investment. Jacko’s payday ranks as
the biggest annual haul by any celeb—dead or alive.

Biggest Celebrity Paychecks,


Dead or Alive


MICHAEL JACKSON’S $825 million income in 2016 is the most
any celebrity has ever earned in a single year—and he did it while
deceased. Only Yves Saint Laurent has come even remotely close
from the boneyard; these other big paydays went to the living.

10. BETTIE PAGE


$11 MILLION
MODEL
DIED: DEC. 11, 2008 AGE: 85
CAUSE: NATURAL CAUSES
The original pinup’s eternal sex appeal
has scored her lingerie, bridal wear and
handbag licensing deals.

DR. DRE
$620 MIL
(2014)
SOURCE:
APPLE/BEATS
DEAL

YVES SAINT LAURENT
$335 MIL
(2009)
SOURCE:
POSTHUMOUS
ART-AND-ANTIQUES
AUCTION

HOWARD STERN
$302 MIL
(2006)
SOURCE:
SIRIUS XM DEAL

OPRAH WINFREY
$315 MIL
(2010)
SOURCE:
TELEVISION SHOW

9. ALBERT


EINSTEIN


$11.5 MILLION
SCIENTIST
DIED: APR. 18, 1955 AGE: 76
CAUSE: NATURAL CAUSES
The frizzy-haired
physicist stars not just on
dorm-room posters and
sophomoric T-shirts but
also on tablets designed by
Israeli tech company Fou-
rier Systems; his estate has
also licensed his name to
Salesforce’s new artificial-
intelligence product.

3. ARNOLD PALMER


$40 MILLION
ATHLETE
DIED: SEPT. 25, 2016 AGE: 87
CAUSE: HEART DISEASE
He won’t be doing more TV spots for
the likes of Electronic Arts and Xarel-
to, but 500 Arnold Palmer–branded
stores in Asia and his eponymous
half-lemonade, half-iced-tea drink,
which accounts for a quarter of
Arizona Beverage’s revenue, will
certainly enrich the golfer’s afterlife.

FORBES ASIA


ENTERTAINMENT


EDITED BY ZACK O’MALLEY GREENBURG AND NATALIE ROBEHMED
WITH ADDITIONAL REPORTING BY KURT BADENHAUSEN
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