Tuesday 27 August 2013

Madonna is Highest Earning Stars

Pop star Madonna was the world’s top-earning celebrity over the past year, defeating the likes of Oprah Winfrey and Steven Spielberg.


The 55-year-old Material Lady made an estimated $125m (£80m) thanks to her MDNA trip, fragrance and clothing lines, according to Forbes.


The publication said it was the most cash Madonna had made in a single year because it started tracking profits in 1999.


Director Steven Spielberg was at second with $100m (£64m).


Many of his incomes came from his back catalogue of film favorites such as ET and Jurassic Park – which has actually just been launched in 3D to mark its 20th anniversary – as well as in 2012′s Oscar winning Lincoln.


The director likewise takes a cut of all ticket sales at Universal Studios theme parks.


Third location was a three-way tie between 50 Tones of Grey author EL Brian, Simon Cowell and shock jock Howard Stern, with profits of $95m (£61m).


Thriller writer James Patterson follows with $91m (£58.5m), while TV and radio host Glenn Beck earned $90m (£57.8m).


Others in the top 10 included Transformers director Michael Bay ($82m, £52.7m) producer Jerry Bruckheimer ($80m, £51.4m) and pop star Lady Gaga ($80m). Forbes compiles its annual list of celebrity earnings utilizing input from representatives, manufacturers, supervisors and others to determine its estimates for each celeb’s entertainment-related earnings.


The figures do not reflect tax reductions, representative charges or “the other expenditures of being a celeb”.



Madonna is Highest Earning Stars

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