Since death of Michael Jackson, his estate has earned $100 million since his death with a film contract and advertising contracts, and is expected to earn another 100 million by the end of the year, The New York Times reported Thursday.
A major portion of this earning will be used to pay the hundreds of millions in debts MJ left behind after his death.
Jackson lawyer and co-executor of the estate John Branca estimated that the pop star could earn 50 to 100 million per year. Elvis Presley brought in $55 million last year alone.
Jackson's mother and three children are to receive about 40 percent of his estate, with another 20 percent going to charity.
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