MICHAEL Jackson has earned $90 million since he died  on June 25 – came third in Forbes.com’s annual Top-Earning Dead Celebrities list with the huge financial haul.

Forbes Senior Editor Matthew Miller said: “The money might be drying up in Hollywood, but there’s still plenty of cash being made in the graveyard. The earning power of dead celebrities is more powerful than ever before.”

Elvis Presley dropped down from first position last year to fourth this time round with earnings of $55 million.

He was replaced at the top by fashion designer Yves Saint Laurent who raked in  $350 million for his famous clothing label and from the sale of his art collection early this year, following his death in June 2008.

Songwriting duo Rodgers and Hammerstein – full name Richard Rodgers and Oscar Hammerstein II - earned the second highest figure with revenue made from their popular Broadway musicals, including Oklahoma!, Carousel, South Pacific andThe Sound of Music.

Forbes.com’s top ten Top-Earning Dead Celebrities:
1. Yves Saint Laurent - $350 million
2. Rodgers and Hammerstein – $235 million
3. Michael Jackson – $90 million
4. Elvis Presley – $55 million
5. J.R.R. Tolkien – $50 million
6. Charles Schulz – $35 million
7 = John Lennon – $15 million
7 = Dr. Seuss – $15 million
9. Albert Einstein – $10 million
10. Michael Crichton – $9 million

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