(NEW YORK) -- Two years after his death, Michael Jackson is still a moneymaker.
The singer ranks first in the latest edition of Forbes magazine's list of the top-earning dead celebrities. The King of Pop's estate raked in $170 million over the past 12 months, in part from music sales.
Jackson also topped the list last year after earning $275 million during a one-year period beginning October 2009. He died in June of 2009.
Elvis Presley and Marilyn Monroe rank second and third, respectively, on this year's list. Elizabeth Taylor, who passed away in March, is tied for fifth with former Beatle John Lennon.
Here is Forbes' list of the top-earning dead celebrities:
1. Michael Jackson, $170 million.
2. Elvis Presley, $55 million.
3. Marilyn Monroe, $27 million.
4. Charles Schulz, Peanuts creator, $25 million.
5T. John Lennon, $12 million.
5T. Elizabeth Taylor, $12 million.
7. Albert Einstein, $10 million.
8. Theodor "Dr. Seuss" Geisel, $9 million.
9T. Jimi Hendrix, $7 million.
9T. Stieg Larsson, The Girl with the Dragon Tattoo author, $7 million.
9T. Steve McQueen, $7 million.
9T. Richard Rodgers, songwriter, $7 million.
13T. George Harrison, $6 million.
13T. Bettie Page, $6 million.
13T. Andy Warhol, $6 million.
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