Simon Cowell pockets astonishing £45MILLION windfall – one of the biggest in celeb history

SIMON Cowell has pocketed an astonishing £45.3million windfall — one of the biggest in ­celebrity history.

Accounts for The X Factor mogul’s company Syco Holdings for the 12 months to March this year reveal that he received £45,358,391.


The payout to the king of entertainment is more than double the £21.4million singer Ed Sheeran paid himself for 2020.

And it is more than three times the £14.5million the Beckhams shared in 2019.
A source said: “Simon may not have been on screen but his busy empire globally goes from strength to strength.

“It is clear from these figures that his influence in the entertainment industry is still vast.”

The cash swells the personal wealth of Cowell, 62, to more than £400million.

His TV ventures, also including the global Got Talent brand, have flourished despite the Covid lockdowns.

With people ordered to stay indoors, Syco has still been landing big contracts to produce TV programmes.

It made almost £65million in its last financial year and had £40million in the bank left over from the previous period. The dividend for the dad of one comes five months after he split his business relationship with Sony Music Entertainment.

Cowell took sole control of the TV interests while Sony Music held on to Syco’s artists and music back-catalogue.

He is now keen to work with streaming giant Netflix, it has been reported.

We pay for your stories!

Do you have a story for The Sun news desk?

Email us at [email protected] or call 0207 782 4104. You can WhatsApp us on 07423 720 250. We pay for videos too.

Click here to upload yours.

Click here to get The Sun newspaper delivered for FREE for the next six weeks.

    Source: Read Full Article