Michael Jackson tops Forbes 2016 Top-Earning dead celebrities list

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YEREVAN, OCTOBER 13, ARMENPRESS. Although it’s been nine years since his passing, the King of Pop's lucrative empire only continues to grow, as Michael Jacksonearns anotherNo. 1 spot, this time onForbes'2016 Top-Earning Dead Celebritieslist, Billboard reported.

Sony paid the singer $115 million for a 50/50 partnership for Sony/ATV Publishing afterJackson initiallybought the Sony/ATV publishing company for $47 million back in 1985(the equivalent to $160 million today). Earlier this year, Sony bought Jackson's half for $750 million, givingthe pop legend his highest payout to date.

CartoonistCharles Schulz -- known best for his iconic Peanuts franchise --bows in at No. 2 with $48 million.The 2015 Peanuts' rebootThe Peanuts Moviepulled in $45 million during it's weekend debut. Golf veteran Arnold Palmer, who passed away just last month,claims the No. 3 spot with $40 million.

Music legendsElvis PresleyandPrinceclose out the top 5, racking in $27 million and $25 million. Prince's Paisley Park recently opened its doors to the public, and patrons paid anywhere from $38.50 to $100 to tour the recording studio, according toInternationalBusiness Times.

10. Bettie Page - $11 million

9. Albert Einstein - $11.5 million

8. John Lennon - $12 million

7. TheadorGeiel "Dr. Seuss" - $20 million

6. Bob Marley - $21 million

5. Prince - $25 million

4. Elvis Presley - $27 million

3. Arnold Palmer - $40 million

2. Charles Schulz - $48 million

1. Michael Jackson - $825 million

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