Ed Sheeran paid himself £47,000 a day last year as his company makes £32 million

  • 📰 MetroUK
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 82%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

We need a sit down 🤑

The 28-year-old paid himself £17.1 million in 2018 – that’s about £47,000 a day.One of Ed’s companies, Ed Sheeran Limited, made a turnover of £32,645,445 in 2018, with pre-tax profits of £23,770,262.The singer’s company paid him £17.1 million in dividends

Ed, who is the director of the company, stated in his report ending 31 December 2018 that ordinary dividents were paid amounting £17,110,000, with the company’s net asset position evaluated at £9,713,389 – an increase of over £2 million from the previous year.He wrote: ‘The performance of the company is measured by reference to turnover and the level of artist activity.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines