Adele Earned $110,700 Per Day In 2018 With No Music Release Since 2015
English singer-songwriter Adele Laurie Blue Adkins, better known by her stage name Adele made an impressive $110,700 (₦39,962,700) a day last year — despite not releasing a record since 2015.
According to The Sun, the “Hello” singer raked in cash daily from her albums, singles and 2016-2017 tour. Adele is said to be worth a mouth-watering $279 million.
The 31-year-old Grammy winner has two companies — Melted Stone Ltd and Melted Stone Publishing Ltd — to look after her avalanche of cash.
Melted Stone Ltd proved that the money was still pouring in from royalties from her records 19, 21 and 25 and from her tour, which showed a bottom line of $91 million, up from $57 million in 2017.
According to figures published last week, the firm has an impressive $81 million in cash, and the star took a $7.45 million dividend payment in 2018.
Meanwhile, Melted Stone Publishing Ltd has a bottom line of $37.8 million, which is up from $30.5 million in 2017. And $37.6 million of that is in cash.
This firm takes the profits from her lyrics and sheet music. That means the two firms raked in an eye-watering total of $41 million in 2018.
But another bumper year will also be a bonus for the taxman as she hands over millions to HM Revenue and Customs.
At the time she released her first album 19 — which shifted 31 million copies — she voiced her opposition to the top rate of tax.
The mum-of-one revealed to Q magazine:
“I’m mortified to have to pay 50 per cent. I use the NHS (British public health system). I can’t use the public transport any more.
“Trains are always late, most state schools are sh*t and I’ve got to give you, like, four million quid — are you having a laugh?”
The news comes as fans recently went wild over rumours she’s releasing new music as early as next week.
Adele’s last album was released in November 2015, selling 22 million records globally.