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Michael Jackson named top-earning dead celebrity

Michael Jackson has been named the top-earning dead celebrity of 2013.

The administrators of the King of Pop's estate have brought in an estimated $160 million in the past year, according to Forbes magazine, thanks to deals with Cirque du Soleil and recorded music sales.


Jackson beats Elvis Presley, whose daughter Lisa-Marie was once the pop star's wife, and Peanuts cartoonist Charles M Schulz, who comes in third with a $37 million fortune.


Elizabeth Taylor and reggae star Bob Marley round out the top five.


Ironically, Jackson topped the very much alive Madonna on the pop fortune list - the Material Girl singer was named the top earner on the 2013 celebrity 100 list, with $125 million in earnings.