Michael Jackson was many things to many people. A great musician, a troubled man, a businessman with the ability to make hoards of money, and a man who could spend money as fast as he made it. All are true, to varying degrees, but one thing may stand out above them all. He is still the King of Pop.
After all only a king could pull off what the Jackson estate is doing. Sony has now inked a deal of no less than $200 million, potentially $250 million, over 7 years with the Jackson estate. While that would not make the top 10 list of LIVING entertainers (actors in particular) it does make the top 20 I believe.
In fact this deal raises Michael Jackson from the top 3 position on the Forbes highest paid dead celebrity list, to almost assuredly 1st. With $90 million already made, plus the proceeds from This Is It, and now the Sony deal I would imagine he tops $350 million. Probably by quite a bit.
Elvis by comparison only had $55 million. Tupac, Biggie, and other notable dead singers that continued to have records published after their deaths don't even make the list.
Hell, this deal for the Jackson estate is so big even living celebrities are taking a back seat. Jay-Z only got $120 million. Maddona had $120 million. This doesn't even touch on the music library rights that the Jackson estate owns, worth roughly $2 billion (which includes rights to songs of Elvis and the Beatles among others).
When you add it all up, it really does become clear that Michael Jackson is (even after death), and for a long time to come will be, the King of Pop.
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