Michael Jackson Net Worth at the time of his death is estimated to be over $600 million dollars. Through his music royalties, Michael Jackson was receiving over $100 million earnings each year. Dubbed the “King of Pop”, he is regarded as one of the most significant cultural figures of the 20th century. Michael Jackson is one of the best-selling music artists of all time, with estimated sales of over 400 million records worldwide. In 2016, his estate earned $825 million, the highest yearly amount for a celebrity ever recorded.
Michael Jackson Net Worth
The world’s best American singer-songwriter “Michael Jackson” has a net worth of $600 Million. According to various online resources (Wikipedia, Forbes, IMDB), the most popular American singer, songwriter, and dancer estimated net worth of around $600 Million.
|Net Worth||$600 Million|
|Music Royalties||$100 Million|
Michael Jackson’s House (Neverland Ranch)
Michael Jackson purchased the estate for $20 million. Some of the events that took place at the ranch included the wedding of Elizabeth Taylor and Larry Fortensky in 1991 and the live Oprah Winfrey interview of Jackson in the year 1993. Due to financial troubles, Micheal Jackson later sold this house to Tom Barrack.
The property also has Ferris wheel, Carousel, Zipper, Octopus, Pirate Ship, Wave Swinger, Super Slide, roller coaster, bumper cars, and an amusement arcade. The master closet also contained a secret safe room for security.
In 1995, Jackson and his then-wife Lisa Marie Presley-Jackson hosted children from around the world for a three-day World Children’s Congress, a series of seminars and workshops on issues facing kids around the globe, as part of the 50th anniversary celebration of the United Nations.
Neverland Ranch was searched extensively by police officers in connection with the People v. Jackson trial after he was charged with multiple counts of molesting a minor in 2003. Jackson was acquitted of all charges.
Michael Jackson Net Worth Growth Rate
|Net Worth in 2009||$600 Million|
|Net Worth in 2008||$570 Million|
|Net Worth in 2007||$550 Million|
|Net Worth in 2006||$508 Million|
|Net Worth in 2005||$490 Million|
Michael Jackson’s Annual Income
Considered one of the greatest music artists of all time, Michael Jackson was receiving millions of dollars through royalties from his music. During the 12 months preceding his death, Michael Jackson earned $112 million in annual income. Since his death, his estate has received over $800 million in income through his music, which will later be passed on to his heirs, Paris Jackson, and others.
Exclusive Facts about Michael Jackson
|Favorite Food||Fried Chicken|
|Favorite Music Artist||Bob Dylan|
|Favorite Holiday Destination||South Korea|
Highlights of Michael Jackson’s Music Earnings
- In 1989, Jackson’s annual earnings from album sales, endorsements, and concerts were estimated at $125 million.
- Estimates of Jackson’s net worth during his life range from negative $285 million to positive $350 million for 2002, 2003 and 2007.
- Jackson may have earned another $400 million from concerts, music publishing (including his share of the Beatles catalog), endorsements, merchandising and music videos.
- Forbes reported in August 2018 that Jackson’s total career pretax earnings in life and death were $4.2 billion.
Michael Jackson’s Awards
Michael Jackson was invited and honored by a President of the United States at the White House three times. In 1984, he was honored with a “Presidential Public Safety Commendation” award by Ronald Reagan for his humanitarian endeavors.
His awards include 39 Guinness World Records, including the Most Successful Entertainer of All Time, Grammy Awards, as well as the Grammy Legend Award and the Grammy Lifetime Achievement Award.
Jackson was inducted onto the Hollywood Walk of Fame in 1980 as a member of the Jacksons, and in 1984 as a solo artist. He was inducted to the Rock and Roll Hall of Fame and Vocal Group Hall of Fame as a member of The Jackson 5 in 1997 and 1999.
Who influenced Michael Jackson?
Jackson was influenced by musicians including James Brown, Little Richard, Jackie Wilson, Diana Ross, Fred Astaire, Sammy Davis Jr., Gene Kelly. Jackson’s vocal technique was influenced by Diana Ross; his use of the oooh interjection from a young age was something Ross had used on many of her songs with the Supremes.
Choreographer David Winters, who met Jackson while choreographing the 1971 Diana Ross TV special Diana!, said that Jackson watched the musical West Side Story almost every week, and it was his favorite film.
Michael Jackson’s Sales after his Death
In the year after his death, more than 16.1 million of Jackson’s albums sold in the US and 35 million albums sold worldwide, more than any other artist in 2009. Following the surge in sales, in March 2010, Sony Music signed a $250 million deal (equivalent to $310,659,240 in 2021) with the Jackson estate to extend their distribution rights to Jackson’s back catalog until at least 2017.
In 2014, Jackson became the first artist to have a top ten single in the Billboard Hot 100 in five different decades. The following year, Thriller became the first album to be certified for 30 million shipments by the RIAA.