'In our world today, there is going to be an effect where there is a direct relation between the stream of income and people’s emotional connection,' says Donald N. Now, the estate's bottom line could take a hit. The allegations are already hurting the musician's reputation: fashion brand Louis Vuitton scrapped a Jackson-inspired collection, and radio stations in Canada, Australia and New Zealand have stopped playing his songs. Jackson is back in the spotlight due to Leaving Neverland, an HBO production that accuses him of sexually abusing Wade Robson and James Safechuck as boys. Ten years later, the King of Pop's estate is thriving - but a new documentary may threaten its continued success. This article originally appeared on the International Business Times.When Michael Jackson died in 2009, he was more than $400 million in debt. In 2016, his estate made $825 million and two years after, the King of Pop made $400 million off it. The 13-time Grammy Award winner was named the highest earning dead celebrity for 8 years, from 2010 to 2018, missing only the title in 2012. MJ paid $47.5 million to acquire ATV publishing in 1985, giving him the rights to some of the songs of the Beatles, Bruce Springsteen, the Rolling Stones and Elvis Presley, among others. But since his death in 2009, his estate has been earning at least $2.1 billion when adjusted to current rates.

Per Forbes, the former member of the Jackson 5 earned $4.2 billion during his career, pretax and adjusted to current inflation rates. Interestingly, his estate earned money after his passing. Since Jackson could not keep up with the increasing pressure of mounting debts, he had to make a comeback tour, which eventually became 'This Is It.' One of the greatest artists of all time died in June 2009 due to cardiac arrest. The “Thriller” singer had to pay $20 million for a child molestation case and a divorce settlement of $12 million. On top of that, Jackson also faced numerous court battles that he had to settle. In 2018, the massive property was being sold at $67 million. Maintaining the place required $5 million per year. After which, MJ added features around it such as two railroads, a zoo, a theater and Disney-like theme parks. He owned a bizarre collection of items that included Johnny Depp’s 'Edward Scissorhands' gloves, a robot replica of his own head and life-sized figures of Batman, Superman and Spider-Man, which were molded similar to his facial features.Īccording to Business Insider, The Neverland Ranch was acquired in 1988 for $19.5 million. He maintained a rich lifestyle and spent beyond his means. Jackson easily fetched $50 million to $100 million per year in his heyday via concert tours, album sales, merch sales and endorsements, per Celebrity Net Worth. But that’s how it started to go downhill for him. Like any top celebrities who were at the peak of their careers, he thought nothing could go wrong. 10, 1996. Photo: Getty Images/Phil Walter In this image, Jackson performs on stage during is 'HIStory' world tour concert at Ericsson Stadium in Auckland, New Zealand, Nov. Michael Jackson's net worth is more than when he was alive, nine years after his death. The King of Pop’s net worth before he died was estimated to be $236 million, but with the lavish lifestyle he had, he declared that he was in a “financial crisis.” Experts also claimed he had debts as much as $500 million prior his demise. Jackson continues to make billions posthumously because of merchandise sales, his music and his collaborations with different companies. Michael Jackson earned billions in 2018, years after his death in 2009.

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