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Michael Jackson has made $1 billion since his death

Entertainer Michael Jackson gestures upon arrival at the Santa Barbara County Courthouse in Santa Maria, California in this May 13, 2005 file photo. June 25 marks the one year anniversary of Jackson's death. REUTERS/Phil Klein/Files  (UNITED STATES - Tags: ENTERTAINMENT PROFILE OBITUARY ANNIVERSARY)

The headline says it all doesn’t it. The undisputed King of Pop has made around $1 billion since he died a year ago, according to Billboard magazine. The cash comes from a variety of sources including music, merchandise and movies.

The magazine says Jackson’s album sales have generated about $383m (£259m), while revenue from the film This Is It has hit nearly $400m (£271m).

Profits from publishing rights, licensing and touring are also included in the total.

A new recording contract is estimated to have made $31m (£21m) so far.

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