Studio Press

Michael Jackson has topped Forbes' annual list of highest-paid dead celebrities, out-earning every living star except Oprah Winfrey.

The King of Pop grossed more than $275 million over the last year, which is more than everyone else on the list combined, according to Forbes. Jackson, who died in June 2009, earned most of his money from his hit film "This Is It," his stake in the Sony/ATV music catalog, and sales of his music and videos.

Elvis Presley ranked No. 2, drawing in $60 million thanks to admission to his Graceland estate and a Cirque du Soleil show in Las Vegas. The Top 5 was rounded out by "Lord of the Rings" author J.R.R. Tolkien, "Peanuts" creator Charles Schultz, and former Beatle John Lennon. Just four short years ago, The Guinness Book of Records presented MJ with eight certificates for musical achievements. Among them "The Most Successful Entertainer Of All Time" and "Highest Paid Entertainer Of All Time" [he received $125 million in album and tour sales in 1989 alone].

Staying true to his much deserved title, The King of Pop, Michael Jackson is still showing & proving...even after death. Kudos MJ!