Simon Cowell Makes HOW Much? The Music Mogul’s Net Worth Will Leave You Speechless
Axelle/Bauer-Griffin/FilmMagic Reading Time: 2 minutes
It’s no secret that television music mogul Simon Cowell probably has more money than any of us will ever see in our entire life. But with great wealth comes… questions about it. How does Cowell actually make his money? What does he do with all of it?
Cowell reportedly began working in the entertainment industry when working on Stanley Kubrick’s horror film, The Shining. Cowell’s first “Hollywood” gig was cleaning the infamous axe. His father then managed to get him a job in the mail room at EMI Music Publishing. Cowell apparently failed to get a promotion, left the company, then went back in the 1980s. Eventually he left EMI and formed Fanfare Records. It did well for a while, then failed entirely, so he went to work for BMG and that’s where he made his first million.
Cowell was given a judging role on Pop Idol in 2001 before becoming one of the first judges of American Idol in 2002. After Cowell was well known as a TV judge, he created the X Factor and America’s Got Talent based off of similar show successes in other countries. It was all uphill from there.
So How Much Does Cowell Make?
According to multiple sources, Cowell’s net worth is $600 million and he brings in $95 million annually. What do you even spend your earnings on if you’re making that much? There’s no way we can know for sure, but we do know that Cowell has two mansions. One in England, and another in Malibu.
His England home is apparently worth £15 million, that’s $20 million U.S. dollars. He reportedly purchased this home in 2019. His Malibu home cost $24 million dollars, it also happens to be the same home where Cowell tested his electronic bike at last year and filmed the America’s Got Talent judge cuts during this season.
Cowell also spends a huge portion of his income on vehicles. As of 2020, Cowell’s car collection includes 19 different cars. The top three most expensive he owns are a Jaguar Eagle Speedster, a Ferrari 458 Italia, and an AC Cobra MK IV, totaling over an estimated $1 million alone.
On top of spending his wealth, Cowell also donates a lot of his money to charity. He reportedly has close ties with Children’s Hospices UK, The Katie Piper Foundation, Battersea Dogs Home, The RSPCA, GOSH – Great Ormond Street Children’s Hospital, and PETA.
It’s great to see people who have a lot donating part of what they have to a greater good. Although Simon Cowell is known as the television industry’s favorite a**hole, he’s not completely like that when it comes to his money.
HEY Simon. Are you my friend??? I’m 69, I could be your long lost uncle!! Seriously.. We love the AGT shows! Haven’t missed an episode since the first one with the Hoff!! Wish we could get the UK show here. How about on BBC AMERICA?