David and Victoria Beckham have become joint ‘Beckham’ billionaires.
“Brand Beckham” has seen a recent spike in earning power and the couple have reached $1 billion in their joint accounts.
Oo-er!
The couple are absolutely loaded thanks to football-related revenue, lucrative endorsement deals, a fashion and makeup line, and the ongoing Spice Girls comeback.
David’s wages pour into three companies, which include Footwork Productions, Beckham Brand Holdings and DB Ventures Ltd.
According to the Mirror, Footwork Productions has a turnover of $273 million, Beckham Brand Holdings $342 million, and DB Ventures Ltd has a balance of $118 million.
The 43-year-old’s megarich wife sees money from her 10-year-old fashion empire stack up in Victoria Beckham Ltd, which has a net worth of $131 million.
And cash from 44-year-old Victoria’s music career pours into Moody Productions, which holds another $13.1 million.
Previous figures slipped out just before Christmas also revealed David and Victoria can celebrate plenty of business success, despite rumors of marital disputes and struggles at her fashion firm.
Alongside David and Victoria, Beckham Brand Holdings’ third shareholder is XIX Management, controlled by long-time business partner Simon Fuller, former manager of the Spice Girls.
Each of the trio got a hefty payout of $24.6 million before Christmas – just about enough, perhaps, to make Posh crack a smile.
Spice Girls mastermind Fuller predicted the couple’s success when David and Victoria signed with him in 1995.
He said: “Victoria’s glamour and David’s sex appeal and sporting prowess could over the long-term create a $1 billion brand.”
The pop Svengali is certainly ‘Fuller’ wise words!
