According to a report by UK ’ s The Guardian, he raked in a bumper $ 825 million in earnings for the 12 months ending October 1 .
Jackson’ s earnings came mostly from the Jackson estate ’ s $ 750 million sale of the late singer ’ s remaining stake in the Sony / ATV music publishing catalogue which includes the rights to many Beatles songs to Sony Corporation.
Forbes’ s estimates were based on pre-tax income, before management and legal expenses, and were compiled through interviews with estate experts and data on record sales , touring and movie earnings .
Number 2 on the list is cartoonist Charles Schulz, who is best known his iconic Peanuts franchise .
His earnings were estimated at $ 48 million. The 2015 The Peanuts Movie pulled in a reported $ 45 million during it ’ s weekend debut .
Golf legend Arnold Palmer, who died in September at age 87 , claimed the third spot with earnings of $ 40 million, mostly from licensing and endorsements of his signature Arnold Palmer iced tea and lemonade drink , leisure wear label , and golf course designs .
Music legends Elvis Presley and
Prince were ranked 4 th and 5 th respectively.
Elvis raked in $ 27 million, while Prince $ 25 million.
Below is the full list showing earnings :
10 . Bettie Page – $ 11 million
9 . Albert Einstein – $ 11 .5 million
8 . John Lennon – $ 12 million
7 . Theador Geiel “ Dr. Seuss” – $ 20 million
6 . Bob Marley – $ 21 million
5 . Prince – $ 25 million
4 . Elvis Presley – $ 27 million
3 . Arnold Palmer – $ 40 million
2 . Charles Schulz – $ 48 million
1 . Michael Jackson – $ 825 million