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He earned more than twice as much as singer Elvis Presley,
who died in 1977 and came in second with $55 million, and three
times more than cartoonist and Peanuts comic strip creator
Charles Schulz, who took third place with $40 million.
"Few celebrities prove the point that there is (financial) life
after death better than Michael Jackson," according to Forbes.
It is Jackson's second straight year atop the list. He regained
the title in 2013, a year after being pushed into second place
by actress Elizabeth Taylor.
Jackson's second album released after his death, "Xscape"
debuted at No. 2 on the pop charts in the past year and the
singer also appeared as a hologram at the Billboard Music
Awards. Two Cirque du Soleil shows, "Immortal" and "One,"
account for much of Jackson's earnings along with his music
catalog and publishing empire.
Taylor, who died in 2011, came in at No. 4 with $25 million and
reggae singer Bob Marley completed the top five with $20 million
in earnings in the year to October 2014. Marley died of cancer
at the age of 36 in 1981.
Singer John Lennon, the former Beatle who was gunned down in New
York in 1980, was No. 7 with $12 million.
The 13 deceased celebrities included on Forbes list earned a
total of $363.5 million.
Forbes compiled the list by talking to estate managers, lawyers
and licensors and analyzing estimated posthumous earnings
between October 2013-14.
(Reporting by Patricia Reaney; Editing by Piya Sinha-Roy and
David Gregorio)
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