Make Money From Dead Celebrities

From May to September, Michael Jackson, Farrah Fawcett, David Carradine, Walter Cronkite and Patrick Swayze all died. The fascination with such celebrities can mean big bucks for their estates. It seems that death has become trendy.

Scott Michaels, the admin of findadeath.com — a site devoted to tales of dead celebrities, as well as the “Dearly Departed Tour” in Los Angeles, California, where enthusiasts can visit sites of some of the city’s most notorious deaths.

Mark Roesler, chief executive officer and chairman of CMG Worldwide — which markets and manages several deceased celebrities (some more easily managed dead than alive) — said fans often feel connected to stars long after they are gone.

They are both consider dead celebrity is a gold mine.

At the end of October, Forbes releases its list of “top-earning dead celebrities.” Last year’s top 13 — Elvis Presley, Charles M. Schulz, Heath Ledger, Albert Einstein, Aaron Spelling, Dr. Seuss (Theodor Geisel), John Lennon, Andy Warhol, Marilyn Monroe, Steve McQueen, Paul Newman, James Dean, and Marvin Gaye — earned a combined $194 million in 2008, according to the magazine.

As the old saying goes, death is one of only two guarantees in life. And with the number of stars moving on these days, there could be more business opportunities for Michaels and those in his industry.

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This entry was posted on Tuesday, October 27th, 2009 at 5:47 pm and is filed under World News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.