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Accountant John McClain gave an estimated cost of $2.5 million for a Michael Jackson record in 1987. [14] Nowadays, according to IFPI, production costs for popular albums are "generally budgeted for at least $200,000, and if much studio time is used, costs can soar well past $350,000". [1]
In 1991, Forbes estimated Michael Jackson's net worth at $230 million (equivalent to $531 million in 2024), making him the wealthiest musician and the second wealthiest entertainer, behind comedian Bill Cosby. [2] It is estimated that Jackson's estate is worth over $2 billion as of 2024. [3] [4]
Clockwise from top left: Janet Jackson, Michael Jackson, Whitney Houston and Madonna.Four of the artists who have had the largest recording contracts up to one point. [a]The following is a list of the largest music deals in history signed by artists, including recording contracts and multi-rights agreements with over $50 million, as well catalog acquisitions with a reported sum of over $150 ...
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Even in the pop star's death, Michael Jackson's legacy has earned his family millions of dollars. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ...
Michael Jackson became the first musician to earn over $100 million in a year (1989), [8] and has become the highest-paid male soloist a record seven times. Dr. Dre currently holds the record for the highest annual earnings for a musician, collecting $620 million in 2014, mainly through the sales of his headphone-manufacturing company, Beats ...
Sony is said to have bought a 50% stake in Jackson's catalog last year in what is reportedly the richest sale for an individual musician's work. Michael Jackson's catalog is reportedly worth $1.2 ...
The album was Jackson's first since Forever, Michael to not be produced by longtime collaborator Quincy Jones. Dangerous debuted at number one on the US Billboard Top Pop Albums chart and in thirteen other countries. [39] The album sold five million copies worldwide in its first week and was the best-selling album worldwide of 1992. [40]