He’s been dead for seven years and still earns millions of pounds a year

He’s been dead for seven years and still earns millions of pounds a year

George Micheal created many timeless hits. It turns out that since the singer’s death in December 2016, their popularity is still growing. This means that the artist still earns a lot of money, and it goes to the heirs of Micheal’s estate. According to a British tabloid, they could count on a huge injection of cash recently when a documentary about the legendary band Wham! appeared on Netflix. We are not talking about thousands, but millions of pounds.

The sad news of George Micheal’s death spread around the world on Christmas 2016. The artist died on December 25, when many people spent time with family, listening to the song “Last Christmas” by Wham, which is considered one of the biggest global Christmas hits.

At that time, his music was somewhat forgotten, apart from the above-mentioned hit. His sudden death made people start listening to his work again. His solo songs and those he co-wrote with Andrew Ridgeley as Wham! are also being rediscovered by younger listeners.

“The Sun”: The heirs of George Micheal’s fortune earned £20 million last year

This popularity was noticed by Netflix, which last year released a documentary about one of the most iconic pop music bands from the 1980s. “Wham!” it was viewed very well all over the world, which should also not be surprising.

However, according to “”, the contract with the streaming giant was very beneficial for the artist’s heirs. The British tabloid indicates that the revenue generated by the Netflix documentary (and the sale of Micheal’s songs) resulted in the heirs of the star’s fortune receiving an amount of approximately PLN 55,000. pounds per day (approx. PLN 227,000).

This information shows that the artist’s family became richer by approximately 20 million pounds (approx. PLN 100 million) in less than a year. Adding other projects related to his work, his heirs could receive approximately £23.8 million (including £2.5 million for royalties).

Moreover, in 2022, the film “Freedom Uncut” and the reissue of the album “Older” were released, for which Micheal’s fans had been waiting for over 25 years, which also translated into an inflow of cash for the artist’s heirs. At the time of his death, George Micheal had accumulated a fortune of 98 million pounds (approx. PLN 496 million). Almost all of it was given to his sisters – Melenie and Yioda Panayiotou.

Source: Gazeta

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