Who doesn’t know Michael Jackson? He was a singer who had a number of popular songs including “Beat It”, “Heal The World”, “Thriller”, “Blood on the Dance Floor”, “I’ll Be There” and many more. Since he is very popular, you may wonder about his net worth. Let’s check it below.
Michael Jackson Net Worth
As reported by Celebrity Net Worth, Michael Jackson had a net worth of $500 million. This net worth was at the time of his death in 2009. In the decade between 1985 to 1995, between $50 and $100 million was earned by him per year through record sales, touring, merchandise and endorsements. After his death, he was kept as one of the most popular and profitable celebrities in the world. Until now, more than 750 million albums were sold and those include 35 million which were sold in the year following his death.
Michael Jackson Net Worth at Death
The most valuable asset owned by Michael Jackson was his music catalogue. The copyright value of his own songs could be estimated to be worth $100 million, the crown jewel of his net worth was his portfolio of other artist’s songs, particularly those from The Beatles.
Michael Jackson made his first effort to have music rights when he bought the catalogues of Sly and the Family Stone in the early 1980. After that, he purchased a series of classic singles such as “Shake Rattle Rattle and Roll”, “Great Balls of Fire”, “When a Man Loves a Woman” and “Runaround Sue” to name a few. However, in November 1984, the biggest win came when he bought The Beatles catalogue ATV music for $47.5 million. This catalogue was merged with Sony to make a 50/50 joint venture. The name is Sony/ ATV which now is estimated to be worth around $2 billion.
During his life, around $500 million was made by him from his own music, videos, concerts and endorsements. However, when he passed away in 2009, he was essentially $500 million in debt.
Michael Jackson Net Worth After His Death
Since Michael Jackson passed away in 2009, over $700 million has been brought from his estate. It was more than any other living artist in that time. His executors have paid back his loan from Sony. They also have secured the future of his billion dollar music catalogue. Below, you are able to see the milestones of his earnings.
- In 2015, his earnings were $115 million.
- In 2016, his earnings were $825 million.
- In 2017, his earnings were $75 million.
- In 2018, his earnings were $400 million.
About Michael Jackson
Michael Jackson was a hitmaker. He did it since he was eight years old with The Jackson 5 before he became the official King of Pop with a successful solo career. It spanned almost 4 decades before his death in 2009. Then, this kid singer and dancer transformed into the biggest star in the world.
Michael Jackson became a legend. Even after more than a decade off the radar, he still had a lot of fans scrambling to secure tickets to his final, ill-fated tour.
In 2009, he passed away. Nevertheless, he still makes money more than a vast majority of the population.
Michale Jackson was born as Michael Joseph Jackson. He was born on August 29th, 1958. His father is Joseph Walter and his mother is Katherine Scruse-Jackson. He lived in a modest two-room house in a working class neighborhood of Gary, Indiana with his parents and his eight siblings.
Officially he joined older brothers Jackie, Jermaine, Tito and Marlon in the family band as a young child. Father Joe Jackson had a work ethic which is strict and a yen for even stricter discipline. However, he took the responsibility for the early successes of the family singing and dancing sensation The Jackson 5.
How Michael Jackson Became a Soloist
In 1968, with Motown Records, The Jackson 5 undersigned. For the next six years, they enjoyed a string of Billboard Hot 100 and R&B chart hits. However, talents which were owned by Michael Jackson eclipsed those of his siblings early on. He was called by Rolling Stone as an “overwhelming musical gift” who “quickly emerged as the primary draw and lead singer”.
In 1970, a string of well-received solo albums was released and appeared in The Wiz with friend Diana Ross. He then solidified his superstar talents with the financial and creative successes of the album entitled “Thriller”. Until now, the sales of that album have topped more than 110 millions copies globally. It makes this album the most popular album of all time.
In the last 25 years of his life, he faced a string of bad luck and bad choices. When his hair caught on fire during the filming of a Pepsi commercial, at least three nose jobs had already been undergone by him. Beginning in the mid 1980s, his skin pigment turned progressively lighter. He claimed that it was the result of a topical treatment used to combat lupus and vitiligo. Liberally, he applied pancake makeup to even out his skin tone.
The Things That Made Michael Jackson Successful
He had amazing talent. He had a vocal range and versatility which allowed him to be able to switch between music genres effortlessly. However, he has those little vocal “hiccups” and those things made him different from the other singers.
He was not only a brilliant singer, but also a great dancer. When he first performed his moonwalk in 1983 to the song Billie Jean, he made a new dance move which could enrapture everyone.
After he ventured out on his own as a soloist, then he traded his young days for a more sophisticated sound which often combined Black R&B, White pop and rock into a different kind of music. This new genre changed the music industry and it also broke racial barriers and got infinite praise from the Afri-American community.
With his amazing voice, killer dance moves and also his ability to make new music, no wonder why he could get success quickly.