Forbes: Michael Jackson top earning dead celebrity with $75M

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

US popstar Michael Jackson addresses a press conference at the O2 arena in London, on March 5, 2009. Pop megastar Michael Jackson announced Thursday he will play a series of comeback concerts in London in July, his first major shows for over a decade. Four years after his infamous child abuse trial, the 50-year-old eccentric singer confirmed he will play 10 gigs at the giant London O2 arena starting on July 8. AFP PHOTO/Carl de Souza

NEW YORK (AP) — Michael Jackson died eight years ago, but he’s still generating millions of dollars.

Jackson is atop the Forbes list of top-earning dead celebrities for the fifth straight year, with $75 million. Forbes says Jackson’s earnings are boosted by a new greatest hits album, a Las Vegas Cirque du Soleil show and a stake in the EMI music publishing catalog.

Two other singers join Jackson in the top five. Elvis Presley comes in fourth with $35 million and Bob Marley ranks fifth with $23 million.

Golf legend Arnold Palmer is the second-highest earner. He brought in $40 million in part through sales of Arizona lemonade and ice tea beverage made in his name.

Palmer is followed by Charles Schulz. The creator of the “Peanuts” franchise made $38 million.