With the advent of the Internet, the amount of Semantic Web documents that describe real-world entities and their inter-links as a set of statements have grown considerably. These descriptions are usually lengthy, which makes the utilization of the underlying entities a difficult task. Entity summarization, which aims to create summaries for real-world entities, has gained increasing attention in recent years. In this paper, we propose a probabilistic topic model, ES-LDA, that combines prior knowledge with statistical learning techniques within a single framework to create more reliable and representative summaries for entities. We demonstrate the effectiveness of our approach by conducting extensive experiments and show that our model outperforms the state-of-the-art techniques and enhances the quality of the entity summaries.