NEW YORK — 18-year old daughter of the late Michael Jackson, Paris-Michael Katherine Jackson has received on behalf of his dad, $825 million as his earnings in 2016.
The former pop icon tops Forbes‘ list of highest-paid dead celebrities, beating out other iconic superstars like Elvis Presley and Prince.
Paris-Michael Katherine Jackson, who is an Actress and Model may not have to work much but rather free much of her time to spend her dad’s money with her other two siblings Prince and Joseph.
The money made by the dead Michael Jackson surpasses that made by the living Floyd Mayweather and Jay Z in the year 2016.
Forbes is yet to rank Jackson’s children.
According to the Forbes, Jacko earned an impressive $825 million in 2016 thanks in large part to his investment in the Sony/ATV music publishing catalog, which is known for its The Beatles songs. He originally paid $47.5 million in 1985 to buy the catalog. Sony, which paid him $115 million for a 50/50 partnership, then purchased the late singer’s half for $750 million earlier this year.
“Jackson’s total pretax payday of $825 million ranks as the biggest annual haul by any celeb dead or alive,” said Forbes.