David Beckham’s name opens many business doors. The former footballer who has grown so rich since he retired just added an extra £46.8million to his fortune. There were a lot of things the Beckham has to celebrate for after their business success in a turbulent end of year. Take for instance; the Beckham Brand Holdings made £47million profits way up on the previous year’s earnings of £21million.
Beckham Brand Holdings boasted £21million in cash reserves. For the company’s third shareholder, XIX Management, controlled by partner Simon Fuller, who was a former manager of the Spice Girls, there was also a hefty payout of £18.75million for each of the partners.
Not forgetting Footwork Productions paid the Beckham a £5.8million dividend for the year even thought that was down by £7million from the year before.
Though, Victoria Beckham had a turbulent year with business losses, she was honoured with the Fashion Icon Award at the E! People’s Choice Awards in Los Angeles and was nominated British Designer of the Year (Womenswear) at the 2018 British Fashion Awards.
For the Beckhams, it has been a good year for business.