- REUTERS/Neil Hall
- Beckham Brand Holdings paid out £28.95 million in dividends over the last two years.
- Payout shared between three shareholders: Victoria Beckham, David Beckham, and Victoria’s former manager Simon Fuller.
- Beckham Brand Holdings owns Victoria’s fashion brand and a vehicle that owns David’s image rights.
LONDON – David and Victoria Beckham’s business empire paid out £28.95 million in dividends over the last two years, accounts show.
Accounts for Beckham Brand Holdings shows that the company paid dividends of £10.2 million in 2016 and paid out £18.75 million in 2017.
A spokesperson for the Beckhams confirmed that the dividends were paid equally to the company’s three shareholders: former Spice Girl Victoria Beckham, retired footballer David Beckham, and Victoria Beckham’s former manager Simon Fuller.
It means that Victoria and David Beckham, married since 1999, shared £19.3 million between them. That works out at around £400,000 a month each over the two year period.
Beckham Brand Holdings owns the couple’s various business ventures, including the high-end fashion label Victoria Beckham and DB Ventures, a company that controls David’s image rights.
Beckham Brand Holdings made a profit of £16.19 million last year on revenues of £47.52 million, accounts show.
Revenues at DB Ventures rose by £1 million to £11.12m thanks to partnerships with Diageo, LVS Group, and AIA Vitality, among others. A one-off payment from Hong Kong-listed Global Brand Group over an image licensing deal helped propel profits at DB Ventures to £24.9 million.
Victoria Beckham’s fashion company had revenues of £36.3 million last year but, as Business Insider reported on Tuesday, the group’s losses rose by 78% to £8.4 million due to heavy investment.
David and Victoria Beckham have a combined estimated net worth of $450 million (£336.7 million), according to The Richest.