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David, Victoria Beckham garner 22 million pounds profits
David and Victoria Beckham have raked in a 22 million pounds bonus from their business empire.
London: David and Victoria Beckham have raked in a 22 million pounds bonus from their business empire.
The 41-year-old retired soccer star and his wife, 42, earned the staggering amount from profits at their business firm Beckham Brand Holdings after accounts showed annual profits for the company have quadrupled from 10 million pounds to just under 40 million pounds, reported Daily Mirror.
Beckham Brand Holdings oversees the fashion firm run by the former Spice Girl as well as DB Ventures, which brings in money from "licensing and other forms of commercialisation of the David Beckham brand."
Beckham Brand Holdings made a whopping 33.3 million pounds profit in 2016, but the celebrity couple - who share children Brooklyn, 17, Romeo, 14, Cruz, 11, and Harper, five, together - only took home two thirds of the total as former Spice Girls manager Simon Fullers XIX Entertainment Firm owns the other portion of the business.
And its not just the Beckham family who are cashing in on their businesses either.
During 2016 "dividends totalling 10.2 million pounds have been declared and paid to its shareholders."
The whopping figures come after it was reported in 2015 that experts at the London School of Marketing estimated the famous family to be worth just over 500 million pounds, putting them ahead of the Queen. The large jump in profits is likely down to a deal made with Hong Kong-based fashion firm Global Brands.
