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Kylie Minogue's net worth surges to £60m after singer rakes in £2m in just 12 months

Kylie Minogue’snet worth surged to an impressive £60m after raking in another £2million in the last year, according to reports.

The Can’t Get You Out Of My Head hitmaker banked a similar profit in 2019 and last year, totalling a sweet £6million in the past three years.

New accounts filed by Kylie’s UK parent firm Darenote Limited, show the singer earned £2.195 profit for the 12 months until the end of June 2021.

The Sun reports Kylie paid herself £1m from the firm.

The 53-year-old also handed over £600,000 in tax over the past two years.

Since she hit the music scene back in 1987, she has sold more than 70m records.

Kylie Minogue’s net worth has increased after her successful business endeavours
(Image: Getty Images for BFC)

The star has banked around £30m from music and touring alone, but chart-topping hits aside, the businesswoman has made almost as much cash from her image.

Last year, the pop icon launched a rose wine with her signature on the bottle, which will only set you back £9.

Kylie also ventured into homewares and released a range of bed linen, curtains, and wallpaper over the years during her adventures.

The star has launched a perfume, underwear, rose wine and even a watch
(Image: Dave Benett/Getty Images for Kyl)

But the star has dipped her toes into accessories too, with her own range of glasses and sunglasses at Specsavers for fans, as well as, perfumes, underwear and even a Kylie watch you can bag for £450.

In October, it was reported Kylie will leave London and move back to Australia following the coronavirus pandemic, which “gave her a lot of time to think about the future.”

The star announced she plans to leave the UK to move back Down Under
(Image: Getty Images)

The singer moved to the British capital in the early 1990s after her singing career took off.

She bought a £16million home in Knightsbridge in 2011 but will pack up to return to her siblings Dannii Minogue and Brendan, and join her parents back in Down Under.

It’s said she told friends she’s determined to make her relationship with Paul Solomons, 47, work, as he plans to remain in the UK.

A source told The Sun: “Kylie and Paul are both very independent and believe they can have a long-distance relationship.

“Right now, Kylie has made the decision to move back to Australia and while Paul doesn’t want to relocate, they are still very much together and in love.

“Of course she will be back in the UK from time to time and he will visit Melbourne. They are going to make it work.”

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Source: Celebrities - dailystar.co.uk


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