Some of the biggest names in the music world are planning a charity tribute album in honor of the late King of Pop, Michael Jackson.

Robbie Williams, Whitney Houston, Madonna, Beyonce, Mariah Carey, Lionel Richie, Stevie Wonder, Diana Ross — and British student Shaheen Jafargholi — have all been to the LP, which will stars performing updated covers of their favorite MJ classics.

“The idea came from the memorial concert. Many fans asked if cover versions from it would be released, and it seemed a wonderful idea,” a industry insider has revealed to MSN News. “This covers album is sure to be a massive worldwide hit with fans and could raise a fortune for Michael’s favorite charities.”

Mariah will reportedly reprise her version of “I’ll Be There” from the memorial, while Shaheen will sing his version of “Who’s Loving You.”

Other tracks expected to be on the album include ‘Rock With You’, ‘She’s Out Of My Life’ and ‘Bad’.