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Latest Articles - Luxury

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Madonna: The Queen ought not be Poor

Sunday, 15 November 2009

madonnaDo you count your money? Definitely, you should. And what about counting money in other people's pocket? Do you find it somewhat rough to do? Though everybody does it. When you count money in the pocket other than yours, you may be inspired with all the calculations, and you'll get the stimuli to improve yourself to gain more. Though there are people who get only envy when counting other people's money. Certain people proved to the world that «impossible is possible». So, if you fall into the first category of people who get inspired with the achievements of others to improve, let us consider the financial part of Madonna, the world pop-idol. It is hard to believe that there are individuals who are not aware of Madonna. Nevertheless we talk a bit about her before we come to calculating all pounds of sterling and dollars she earned.

So, Madonna is widely believable to be the nickname of an Italian singer who was at birth called Luisa Veronica Chiccone in August 16, 1958 in the American State Michigan. And we are about to tear this myth to shreds since Madonna is her real name. The full name of this singer is Madonna-Veronica-Louise Ciccone. She started her musical career as the drummer for a New York rock group in 1979, and continued to improve her skills and grow as a dancer and later on as a solo singer. The musical compositions of this singer who did not possess outstanding vocal shocked the public in 80s thanks to the  astonishing intuition of Madonna to feel the musical work of high quality, the competent management and the striking productivity along with the theme of sexuality so actively practiced in songs and video clips of the singer. Within the 90s to the beginning of 2000 the triumph of Madonna as a singer did not come to end but intensified, instead. Her songs were rotated on TV and radio, she travelled with her music programs to various countries and her singles and albums fell into the Top Hit of music canals. And this was done by her only, and only thanks to her skills and intuition, Madonna achieved a lot, she was awarded lots of prizes and she was awarded the title of the Queen of the pop music by the western mass media.

All the professional achievements by Madonna favorable affected her wealth. And this is logical since more than ten of her albums were circulated in 5 million copies at least, and three LPs were sold in 20 million copies. Just remember her legendary shows of grandiose scale that are already in the history for their thorough performance and high quality of professional work. Madonna caused her tours as the super profitable event in her career. Thus, the tour of 2001 «Drowned World» made her richer for 50 million dollars; the tour «Re-Invention» in 2004 enriched her for 125 million dollars, while the tours «Confessions» of 2006 added almost 194 million dollars to the bank accounts, which is the highest figure for women-singers. However, she had to hold 60 concerts within4 4 months to achieve this, though this is the other aspect of her life.

The wealth of Madonna is rated to half a billion US dollars today thanks to her achievements in the musical sphere. To be just, we can note that for the recent year the pop-diva gave up a little because of the crisis again. According to the Forbes Madonna is in the Top list among the singers but not among the women. From June 2008 till June 2009 Madonna earned over 110 million dollars, though another American TV woman Opra Winfrey could enrich for 290 million dollars for the same period!

Madonna has enough assets for the current needs. She proved again to be the wise woman, and that all her «eccentric ideas» of her stormy and scandal former life are in the past. Madonna does not throw her money here and there, she does not spend a fortune at necking parties and shindigs, and she does not purchase all expensive cars just for collection, you know. Thus, Madonna's favorite vehicle is the stylish and not so expensive British «Mini» with the old traditions. There is no doubt that Madonna purchases her clothes, accessories and jewelry only from the best and expensive designers of the world. From the early XXI century the singer invests lot of her assets into the real estate, though.   

She revealed her new hobby just after she married to the English director and actor Guy Ritchie. By that time Madonna had her own estate in Beverly-Hills, Los-Angeles costing 15 million dollars, and when she became the national of Britain, she acquired the house in London for 7 million pounds and the country estate in the west of England for 9 million pounds. After she divorced with Ritchie in 2008, Madonna went on investing into the real estates and went even farther in her achievements. This time she intended to purchase the Scorpios, the Greek island that belonged to heirs of the legendary billionaire Aristotle Onassis. Currently we know that his magnificent island that retained its virgin beauty is claimed by two wealthy persons, well-known Bill Gates and Madonna. Gates is rumored to offer the amount of 120 million Euros for the island, but the singer is ready to offer more beneficial amount so attractive for the sellers. If so, that means that Madonna will spend the considerable part of her assets to purchase this island. Yet, this is the step to prepare the solid financial base for her family in future.   

All the grandiose expenditures made by Madonna recently concern the family events. She lost approximately 60 million pounds when she divorced with Guy Ritchie to give to him as the smart-money for her ex-husband. Though, Madonna got off cheap in this situation since she did not sign up the marriage contract with her husband and Guy could require dividing the property in two halves, being the father to one of their kids and the adoptive father for another. As for the possible heirs to the assets of the Pop Queen, we have no precise data available on the plot of her will for now. We are not sure of the will itself. She is too active and she holds regular concerts to consider such a subject as the will. And we suppose that Madonna's elder daughter Lourdes and the son Rocco, Ritchie's child, will become the heirs, including the third kid, David adopted in 2006.

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Osvaldo   |2010-02-04 07:55:13
If you add everything she's earned since 2001, when her fortune was estimated to be at $613,000,000.00 million US dollars, adding the sums you just put up along with the recent $110 million, i calculated her worth to be at about ($1,092,000,000.00). $1 billion US dollars!! Truly astonishing for her, but not that shocking as she does not spend spend spend, as is known. Only on wardrobe!
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