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 Jackson earns another No. 1 spot, this time on Forbes' 2016 Top-Earning Dead Celebrities list, Billboard reported.

Sony paid the singer $115 million for a 50/50 partnership for Sony/ATV Publishing after Jackson initially bought 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, giving the pop legend his highest payout to date. 

Cartoonist Charles Schulz -- known best for his iconic Peanuts franchise -- bows in at No. 2 with $48 million. The 2015 Peanuts' reboot The Peanuts Movie pulled 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 legends Elvis Presley and Prince close 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 to International Business Times. 

10. Bettie Page - $11 million 9. Albert Einstein - $11.5 million 8. John Lennon - $12 million 7. Theador Geiel "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