All hail The King! Elvis Presley's popularity endures as the highest earning departed celebrity
Last updated 10/31/2008 9:29:03 AM
lvis Presley popularity endures as the highest earning departed celebrity
Elvis Presley may have left the building several decades ago, but his earning power is far from diminished with Forbes.com ranking him the top-earning dead celebrity for the second year in a row.
Presley pulled in $52 million in the past year, helped by increased visitors to his Graceland estate to commemorate the 30th anniversary of his death, according to the web site.
"While things might be topsy-turvy in the financial markets above ground, it's still a bull market in the boneyard," Forbes.com said.
Presley earned more between October 2007 and October 2008 than some of the music industry's biggest living pop stars like Justin Timberlake ($44 million) and Madonna ($40 million), Forbes.com said.