Billion-dollar club
From the New York Post:
The Material Girl has reportedly joined the billion-dollar club.
We already know that Madonna was named pop’s top earner in 2012 thanks to her record-breaking MDNA tour that grossed a whopping $305,158,363. On top of that she made $75 million in merchandise sales during her 88 shows around the world and raked in $10 million in TV rights and DVD sales from her tour.
Her rumored net worth had already hovered around $700 million but according to Women’s Wear Daily, the Queen of Pop rounded that up to a billion bucks by dipping her toes in several other money-making ventures.
The pop icon has investments in Vita Coco and gym chain Hard Candy that earned her mega money. She took in $60 million in sales from her new perfume, Truth or Dare and made another $10 million from her recent deal with vodka brand Smirnoff. Retail experts also told WWD that Madge will earn $10 million in 2013 from her Material Girl clothing line, shoe line and upcoming Macy’s lingerie line.