Michael Jackson ranks richest dead star with yearly earning of £46million

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Michael Jackson has ranked at the top of a rich list of late stars, with annual earnings coming in at £46million.

The Smooth Criminal singer, who died at the age of 50 in 2009, is said to be raking in millions in royalties because of his music.

Michael’s estate ranks at the top of a late celebrity rich list that contains stars such as Prince and David Bowie, reports the SunOnline.

The news comes shortly after late singer’s family shared a collection of touching tributes on what would have been Michael’s 62nd birthday.

According to the rich list, compiled by Partycasino.com, second in the rankings is writer JRR Tolkien.

His Lord of the Rings books are reportedly bringing in a whopping £38million a year.

Michael died in 2009 (Image: Getty Images)

Elvis Presley then comes in third place, with £30 million a year coming from his royalties.

Others in the list include Bob Marley, Dr. Seuss and Hugh Hefner.

The highest earning woman in the dead celebrity rich list was Marilyn Monroe, closely followed by Whitney Houston.

Elvis Presley was also in the rich list (Image: Getty)

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JRR Tolkein wrote the Lord of the Rings trilogy (Image: Mondadori via Getty Images)

“If you think the amount celebrities make is excessive, wait until you hear the dizzying amount some continue to earn from beyond the grave,” the rich list website added.

Alongside the findings, the website revealed that the data has been compiled thanks to data from Forbes.

The statistics were even broken down into time frames, revealing the exact amount that the celebrities were able to earn per second.

Marilyn was the highest earning woman in the list (Image: Getty Images)

There is also a handy calculator for fans that want to calculate how long it would take for them to earn as much as their favourite late celebrity.