Photo: WENN
After leaving behind more than half a billion dollars worth of debt when he died in 2009, it's been revealed that Michael Jackson's estate made $150 million this year alone.
Jackson, who died of an accidental drug overdose five years ago, had incurred a huge amount of debt from the upkeep of his 2,700 acre Neverland Ranch, legal bills and reported spending sprees. In his will though, he named his executors as LA lawyer John Brance and producer and friend John McClain.
The two managed to get Jackson's estate out of debt by 2012 by extending the singer's Sony contract and releasing This Is It, the concert film comprising rehearsal footage for the world tour that never happened.
The profits still haven't stopped though - as Bloomberg reports, the Michael Jackson Immortal World Tour, which used the music of Jackson alongside the Cirque du Soleil and finished a few months ago, raised over $370 million.
Controversially, Jackson has also released seven albums and DVDs since his death, including this year's number one album Xscape. This decision has been criticised by fans who say Jackson's legacy is being compromised in pursuit of profit.
