Simon Cowell’s net worth skyrockets as spin-off lands him ‘tens of millions’

Simon Cowell’s net worth has experienced a huge boost, with the star set to make ‘tens of millions’ from his latest business venture.

The America’s Got Talent music mogul has already been raking it in from his talent show on the Las Vegas strip, where previous AGT stars come together for a variety show at the Luxor Theatre and Resort in Nevada.

But now news of another ‘Got Talent’ spin-off show could earn him even more millions.

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According to The Mirror, a new franchise could land in the Far East and Asia, where shows like Britain’s Got Talent and its American cousin already have huge followings.

Though he refused to comment on exactly where it will launch, Simon told the publication: “Somebody’s come in. I can’t say who it is with an offer to do it in another country, and it’s just a question of how much it’s going to cost, blah, blah, blah.

“But I think, yeah, it will end up in more than one country because the shows in certain countries makes sense. And that’s why I’m doing all these spin-off shows. Part of the reason is to show the world.

“There is so many great contestants. I mean, I’ve got 40 more coming back. It’s like a great showcase to go do it in another country.”

Simon already makes £10million per year from his Vegas live show alone, with plenty winners and finalists of AGT going to find fame on the Strip.

He confessed: “It never started this way, but the show has kind of developed into ‘if you win this show, you will have a career in Vegas.'”

According to Celebrity Net Worth, his total figure is a staggering $600million – around £496million.

Along with his numerous TV franchises, Simon’s record label Syco Entertainment also brings in the big bucks.

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Much of his money is invested in property, with Simon calling a Malibu beach house – which includes a private swimming pool and tennis court – worth $24million, home.

In 2020, he flogged his Beverly Hills mansion for $25million.

Simon also owns a home in the luxe Holland Park area of London, but spends most of his time in his £15million Wimbledon mansion instead.

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Source: Celebrities - dailystar.co.uk