Bob Marley Set To Become Richest Dead Celebrity
A deal with the music superstar’s estate is set to generate more than $1 billion in worldwide annual sales by 2012. The music legend who died 28 years ago is about to challenge Elvis Presley and Michael Jackson for the title of richest dead celebrity.
Toronto-based private-equity firm Hilco Consumer Capital has strucka management deal with the Marley estate, which is expected to generate worldwide annual sales in excess of $1 billion by 2012. That seems likea huge number, but by some estimates the Marley name, sound, and image already generate as much as $600 million in pirated merchandise.