Take a dead Hollywood legend known for her stunning jewelry and a record-breaking auction and what do you get? The highest-earning dead celebrity, Elizabeth Taylor, who earned $210 million last year, beating out Michael Jackson's $145 million.

Zack O'Malley Greenburg, Forbes staff writer, said while Taylor's perfume line is still earning money, it was her record-breaking auctions through Christie's that gave her the top spot in Forbes' annual list of dead-earnings celebrities.

Here's a list of Forbes' five highest-earning dead celebrities...

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