Madonna is the latest addition to the entertainment industry’s billionaire club, according to a new report in TheNew York Post.
The Post reports that the 54-year-old singer’s net worth rose above the $1 billion mark thanks to her recent MDNA tour, which raked in an eye-popping $305,158,363. Income from the 88-stop tour, officially the highest-grossing of 2012, was supplemented by a cool $75 million in merchandise sales and a further $10 million in TV and DVD rights. No word on what that 200-person entourage cost, but we’re thinking Madge will cope.
Adding to Madonna’s money pile are further investments in her ‘Hard Candy’ gym chain and in coconut health drink Vita Coco. Another $10 million found its way to her bank account when she struck a deal with vodka brand Smirnoff.
And, like any celebrity worth her salt, Madonna has her own perfume. Her ‘Truth or Dare’ fragrance has drawn in $60 million in sales, while her ‘Material Girl’ clothing and accessories line continues to thrive, with expected 2013 earnings of $10 million.
Madonna’s money-spinning tour wasn’t without its hiccups – terrorist threats, unhappy fans, and, er, mooning all reared their heads. The star was also booed at her New Orleans performance for plugging Barack Obama in the run-up to the 2012 election.
Not that the Queen of Pop will be unduly moved, I suspect. With a billion bucks in her account, Madonna has joined the likes of George Lucas, Steven Spielberg, Mark Zuckerberg, and Oprah Winfrey in the elitest of clubs, while her personal fortune now impressively/depressingly tops the annual GDP of at least twenty countries.
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