The trustees of Michael Jackson's estate "succeeded in creating extraordinary and unique opportunities that did not exist at the time of his death."
Michael Jackson has posthumously earned more than $2 billion.

 
The King of Pop died aged 50 in 2009, but posthumous business deals have brought in an average of more than $360 million a year, according to official accounting figures.

Financial statements confirmed that Sony bought Michael Jackson's 10% stake in EMI Music Publishing for $287.5 million, and that the singer's coffers were topped by more than $72 million from various other deals.

In the first years after Michael Jackson's death, his fortune was around $500 million, but now the net worth of his property, bank accounts and total income is $888,279,305.

More than $150 million was the gross revenue recorded from January 1, 2019 to December 31, 2021, says a related memorandum in the financial statements of the scheme that manages Michael Jackson's estate.

Michael Jackson - Hit Channel
A lawyer for the scheme praised the executors of Michael Jackson's estate, John Branca and John McClain, for their work in restructuring the late singer's finances.

Attorney Jeryll S noted: "The trustees have succeeded in creating extraordinary and unique opportunities that did not exist at the time of Michael Jackson's death to secure significant revenue and enhance Michael Jackson's image and legacy for the benefit of his estate beneficiaries." .

As of Dec. 31, 2021, gross revenue "was in excess of two billion dollars," he added.

Jeryll S emphasized that the trustees have made "unprecedented business deals" and cemented Michael Jackson's legacy as "an important entity in the entertainment industry."

Branca and John McClain were also praised for providing "round-the-clock support" to the singer's family, as the documents, which have been certified by a Los Angeles judge, show that all of the family's homes, mortgages, the expenses of the three children – 25-year-old Prince, 25-year-old Paris and 20-year-old Bigi – and Michael's mother Katherine.