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Michael Jackson Tops List Of Forbes Top Earning Dead Celebrities

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Oct. 26 2011, Published 3:00 p.m. ET

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By Breaking Celebrity News Staff

Michael Jackson has been named the highest-earning dead celebrity of the past year.

The late Thriller hitmaker - who died in June 2009 aged 50 - has topped Forbes' annual list of the Top Earning Dead Celebrities for the second consecutive year after his estate brought in $170 million between October 2010 and October 2011 from sales of his music and his stake in the Sony/ATV catalog.

The estate of the Beat It singer - whose earnings dropped from $275 million 12 months ago - is set to take half of the profits from the Cirque du Soleil theatrical production Michael Jackson: The Immortal World Tour, which started earlier this month.

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Elvis Presley's Cirque du Soleil show Viva Elvis helped him to second on the list with a posthumous fortune of $55 million in the past year, and the estates of Beatles legends John Lennon and George Harrison - who placed fifth and 13th respectively - also benefited from similar productions.

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