One of the most famous singers in the music industry, Michael Jackson, was also known as the King of Pop and Moonwalker. Before his death in 2009, he’d sold more than 750 million records all over the world, which has contributed significantly to his net worth of $600 million to $800 million in 2021 dollars when adjusted for inflation, according to Forbes and other sources.
Michael Joseph Jackson was born on August 29, 1958 to parents Joseph Walter Joe and Katherine Esther Scruse. Born into a working-class family and raised by a single mother in Gary, Indiana, his background inspired his much later hit song and video for Man In The Mirror. While a teenager he had already forged an impressive career as both a performer (playing with childhood friends Randy and Jackie Wilson) and songwriter (cutting demos with childhood friend Bobby Taylor). After recording tracks like I Want You Back with The Jackson 5 for Motown Records, he officially became their lead singer when he was 12 years old. By age 15 he’d already won three Grammy Awards (for ABC) as well as over 40 Billboard Awards.
View this post on Instagram
Michael Joseph Jackson (August 29, 1958 – June 25, 2009) was an American recording artist and philanthropist. The seventh child of the Jackson family, he made his debut on Motown Records in 1969 as a member of The Jackson 5. He then became a major figure in popular music and the first African-American entertainer to amass a strong crossover following on MTV. The popularity of his videos airing on MTV launched him to superstardom, and he is recognized as one of the most significant cultural figures of 20th century popular culture. In 1991 he was inducted into Disney Legends.
Michael Jackson started his music career when he was 12 years old and recorded multiple singles with his four brothers. When Michael was 17, he released a solo single called Got to Be There. The song became No. 2 on Billboard’s Hot 100 chart and earned him Grammy nominations. The singer went on to release more successful songs like Rockin’ Robin, Ben, The Girl Is Mine, and Billie Jean. His first solo album titled Got to Be There was also released in 1971. The album peaked at number ten on Billboard 200 chart and earned double platinum certification from RIAA.
The singer’s Billie Jean and Thriller singles remained Billboard chart-toppers for weeks after their release, so we can safely assume that record sales will skyrocket. Considering he sold about 750 million records worldwide before his death, it makes sense to say that future sales will add a good bit to his already impressive net worth. In fact, in 2011, Michael Jackson earned $170 million from music album sales! That year, ten of his albums landed on Billboard’s list of Top Pop Catalog Albums. Clearly there is still an interest in his music!
Michael Jackson’s net worth is reported to be $1.1 billion in 2018. This was an increase from his $700 million net worth when he died in 2009. As of 2017, his estate is said to be worth $1 billion, which has come from all sorts of royalties and licensing deals that were done after his death. These include book publishing rights and endorsements for products that carried out with his name on them including clothing, fragrances, and video games. He also had a few albums after he died that all did really well on Billboard charts and sold millions worldwide, which brought a lot of money into his estate as well.
Awards and Achievements
Throughout his career, Michael Jackson received a number of awards and honors. In 1983, he became the first artist to be inducted twice into the Rock and Roll Hall of Fame; first as a member of The Jackson 5 and later as a solo artist. He also has 11 Guinness World Records (as of 2009), more than any other entertainer. He was also honored on a U.S. postage stamp and is one of only five people who have appeared on an American banknote. On December 29, 2014, President Barack Obama posthumously awarded him with The Presidential Medal of Freedom.
Mr. Michael Jackson’s main source of income is from his music career and concerts. He got huge fame from his albums Off The Wall, Thriller, Bad and many more. He was also nominated for many Awards for Best Pop Vocal Performance, Best Pop Vocal Collaboration, Best Music Video – Short Form for short film Moonwalker, Grammy Award for Album of The Year and many more. He won a total of 18 Grammy Awards till date out of which 9 were posthumous awards.
Last Updated on January 19, 2022
Andrew Smith is a professional News researcher and writer. He has been writing latest tending news articles for various news agencies.