Michael Jackson has been predicted to become the top-earning dead star and his estate is expected to amass 120 million pounds alone this year.
The late King of Pop’s earnings since his death on June 25 were apparently set to top the entire 90 million pounds earned by Jimi Hendrix since he died in 1970.
The executors of the star’s estate, lawyer John G. Branca, music executive John McClain and a Jackson family friend, were said to have already gathered 60 million pounds through a film deal and several merchandising contracts.
"Clearly it's a new record for estates that likely will not be broken," The Sun quoted Branca as saying of first-year earnings.
Nirvana’s Kurt Cobain is the top earning dead star, with 450 million pound earnings since his death in 1994, followed by Elvis Presley with 362 million pounds.
John Lennon comes next at 140 million pounds, then Jimi Hendrix, followed by reggae legend Bob Marley with 24 million pounds.