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Michael Jackson has generated £1.5BILLION since his death 11 years ago

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thesun.co.uk

MICHAEL Jackson has generated £1.5billion since his death 11 years ago. Clever business deals by his executors have turned his estate’s finances around after he left debts of almost £400million.

Money has continued rolling in for the King of Pop’s three children despite a controversial documentary in which two former child pals accused him of long-term sex abuse.

Since Jacko’s death aged 50 in 2009 his sales have pulled in £119million. Rights, royalties and licensing deals from the singer’s music — and from his Sony/ATV catalogue featuring classics by The Beatles — raked in £42.3million in 2017 alone.

Other merchandising deals and collaborations with companies like Cirque du Soleil were money spinners too, earning almost £12million.

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