janetDAYZ Posted January 25, 2013 Share Posted January 25, 2013 wow ..what a shock. Quote Link to comment Share on other sites More sharing options...
aed05 Posted January 25, 2013 Share Posted January 25, 2013 Well, when you're charging your fans the cost of their rent and car notes its easy to make that kind of cash. Nice work if you can get it. Congrats to madge. Quote Link to comment Share on other sites More sharing options...
TwistedElegance™ Posted January 25, 2013 Author Share Posted January 25, 2013 Had "MDNA" played Australian stadiums, as was initially considered, the tour would have moved up a few notches up the all-time list. This still grinds my gears. Quote Link to comment Share on other sites More sharing options...
Aquaria Posted January 25, 2013 Share Posted January 25, 2013 Slaying with her walker Well, when you're charging your fans the cost of their rent and car notes its easy to make that kind of cash. Nice work if you can get it. Congrats to madge. Point is people are willing to pay it to see her Madonna doesn't have poor fans Quote Link to comment Share on other sites More sharing options...
janetDAYZ Posted January 26, 2013 Share Posted January 26, 2013 Slaying with her walker Point is people are willing to pay it to see her Madonna doesn't have poor fans Well she is up in age so I suppose ppl will go see her cause they dont know if it will be their last chance. 1 Quote Link to comment Share on other sites More sharing options...
Bailey Posted January 26, 2013 Share Posted January 26, 2013 she maintains her fan base, they love her in South America, why she fucked over Australia all this time is beyond me Quote Link to comment Share on other sites More sharing options...
JoeJoe Posted January 26, 2013 Share Posted January 26, 2013 Well she is up in age so I suppose ppl will go see her cause they dont know if it will be their last chance. smh Quote Link to comment Share on other sites More sharing options...
TwistedElegance™ Posted March 27, 2013 Author Share Posted March 27, 2013 Madonna is reportedly now a billionaire. The “Material Girl” has reportedly joined the billion-dollar club. We already know that Madonna was named pop’s top earner in 2012 thanks to her record-breaking MDNA tour that grossed a whopping $305,158,363. On top of that she made $75 million in merchandise sales during her 88 shows around the world and raked in $10 million in TV rights and DVD sales from her tour. Her rumored net worth had already hovered around $700 million but according to Women’s Wear Daily, the Queen of Pop rounded that up to a billion bucks by dipping her toes in several other money-making ventures. The pop icon has investments in Vita Coco and gym chain Hard Candy that earned her mega money. She took in $60 million in sales from her new perfume, Truth or Dare and made another $10 million from her recent deal with vodka brand Smirnoff. Retail experts also told WWD that Madge will earn $10 million in 2013 from her “Material Girl” clothing line, shoe line and upcoming Macy’s lingerie line. http://www.nypost.com/p/pagesix/madonna_joins_billion_dollar_club_viheQOUPcwXCvwZzqGRkBM Wow. Quote Link to comment Share on other sites More sharing options...
bu. Posted March 27, 2013 Share Posted March 27, 2013 Am I imagining it or did she recently do a 'work-out' dvd??? Quote Link to comment Share on other sites More sharing options...
Aquaria Posted March 27, 2013 Share Posted March 27, 2013 Damn. Who run the world? Quote Link to comment Share on other sites More sharing options...
ThatOtherFan Posted March 30, 2013 Share Posted March 30, 2013 http://www.forbes.co...lionaires-list/ Forbes says "NO MA'AM!" to Madonna joining the Billionaire club! FORBES released its annual Billionaires issue earlier this month, and the list features plenty of new faces (Tory Burch, Renzo Rosso) alongside the usual suspects (Bill Gates, Warren Buffett). There are plenty of entertainment moguls on the list (David Geffen, Oprah Winfrey), but there aren’t any billionaires who’ve gained their wealth by working as a musician or actor. Not Diddy orJay-Z, not Brad Pitt or Angelina Jolie—and not Madonna. Yet earlier this week, the blogosphere exploded with declarations that the Material Girl had ascended to billionaire status. Most of the stories erroneously cited a WWD story as the source of this revelation (representatives from the publication confirm that no such piece exists), probably because of a New York Post item that initially linked to WWD before shifting its attribution to another site. There’s a reason Madonna isn’t on our Billionaires list: simply put, she’s not a billionaire. We estimated the singer’s net worth at $325 million six years ago. Since then, our wealth team has chronicled the scads of cash she’s earned via our Celeb 100 list, and while she’s earned a ton of money, the numbers don’t add up to anything near $1 billion. She earned $72 million in 2007, $40 million in 2008, $110 million in 2009 and $58 million in 2010. With no touring or new albums in 2011, she didn’t earn enough to make our list that year, then pulled in another $30 million through the first half of 2012. Add it all up (plus whatever she earned in 2011–let’s call it $10 million) and you get $320 million. Lop off 35% for federal income taxes ($112 million), another 10% for state and local taxes ($32 million) and 20% for management, legal and agency fees ($64 million). That leaves $112 million before figuring in any expenses for housing, staff, travel or luxury goods. What about that big concert tour? Most of the recent reports have mentioned Madonna’s past 12 months as the reason for her ascent into the financial pantheon, citing sales of her MDNA album and a world tour that grossed just over $300 million. They mention perfume sales of $60 million, tour merchandise sales of $75 million, and other branding deals that add up to $30 million. But the difference between gross ticket sales, gross earnings and net earnings is ignored. Artists typically take home about one-third of gross ticket sales on the road–in Madonna’s case, that means $300 million becomes $100 million. To gross $75 million in merchandise sales, she would have had to average sales of $34 per head on her tour (or about $10 more than Justin Bieber). And that’s just the gross number. For most artists, we project net earnings of $5 per head for merch; Bieber’s take tops the charts at about $10, according to his touring team. Let’s give Madonna the benefit of the doubt and say that she also nets $10 per head–over the course of a tour that drew 2.2 million fans, that would have added up to $22 million in take-home pay. Madonna’s record deal guarantees her a base advance of $1 million per album, but MDNA hasn’t likely earned much more than that. It’s been certified gold in the U.S. for sales of over 500,000, and it seems likely the album has sold at least as many copies abroad. Still, that’s only a little more than a million copies sold, resulting in just a few million dollars in her coffers–about the same amount that most A-list entertainers net from perfume deals, regardless of heady gross sales. But let’s be overly generous. Let’s say Madonna earned $200 million over the past year. Take away 65% for taxes and management fees, as we did before. That leaves $70 million. Combine that with the $112 million left over from 2007 through the first half of 2012, and you get $182 million. So even if Madonna had saved every single penny she’d earned since 2007–no travel costs, no living cost, no splurges–she’d be worth about $500 million. Is it possible that she has other assets that have increased in value and therefore wouldn’t be figured into our annual earnings estimates? Sure. Her real estate holdings, art collection and stakes in other business ventures could have increased. But keep in mind that 2007 was the peak of a long bull market; assets that lost value during the recession are only now returning to those highs. Madonna’s representatives wouldn’t respond to FORBES’ requests for comment on this story, as it seems was the case with all the stories about her net worth published over the past week. And this isn’t the first time FORBES has weighed in on inflated claims about the singer’s billionaire status–staff writer Clare O’Connor debunked one set back in 2010. Madonna is a cultural icon, and undoubtedly one of the most successful entertainers of all time. She may well reach the billion-dollar mark one day. But as of now, at best, she’s only about halfway there. Quote Link to comment Share on other sites More sharing options...
Laveaux Posted March 30, 2013 Share Posted March 30, 2013 hell naw. *giggles* Quote Link to comment Share on other sites More sharing options...
Shawn1814 Posted March 30, 2013 Share Posted March 30, 2013 :lmao: Quote Link to comment Share on other sites More sharing options...
Escapade Posted March 30, 2013 Share Posted March 30, 2013 They just couldn't let her have her moment lmao! Quote Link to comment Share on other sites More sharing options...
Laveaux Posted March 30, 2013 Share Posted March 30, 2013 They just couldn't let her have her moment lmao! I remember somebody saying that Jay Z was a billionaire as well. I guess not. Quote Link to comment Share on other sites More sharing options...
ThatOtherFan Posted March 30, 2013 Share Posted March 30, 2013 hell naw. *giggles* :lmao: They just couldn't let her have her moment lmao! Quote Link to comment Share on other sites More sharing options...
JoeJoe Posted March 30, 2013 Share Posted March 30, 2013 http://www.forbes.co...lionaires-list/ Forbes says "NO MA'AM!" to Madonna joining the Billionaire club! FORBES released its annual Billionaires issue earlier this month, and the list features plenty of new faces (Tory Burch, Renzo Rosso) alongside the usual suspects (Bill Gates, Warren Buffett). There are plenty of entertainment moguls on the list (David Geffen, Oprah Winfrey), but there aren’t any billionaires who’ve gained their wealth by working as a musician or actor. Not Diddy orJay-Z, not Brad Pitt or Angelina Jolie—and not Madonna. Yet earlier this week, the blogosphere exploded with declarations that the Material Girl had ascended to billionaire status. Most of the stories erroneously cited a WWD story as the source of this revelation (representatives from the publication confirm that no such piece exists), probably because of a New York Post item that initially linked to WWD before shifting its attribution to another site. There’s a reason Madonna isn’t on our Billionaires list: simply put, she’s not a billionaire. We estimated the singer’s net worth at $325 million six years ago. Since then, our wealth team has chronicled the scads of cash she’s earned via our Celeb 100 list, and while she’s earned a ton of money, the numbers don’t add up to anything near $1 billion. She earned $72 million in 2007, $40 million in 2008, $110 million in 2009 and $58 million in 2010. With no touring or new albums in 2011, she didn’t earn enough to make our list that year, then pulled in another $30 million through the first half of 2012. Add it all up (plus whatever she earned in 2011–let’s call it $10 million) and you get $320 million. Lop off 35% for federal income taxes ($112 million), another 10% for state and local taxes ($32 million) and 20% for management, legal and agency fees ($64 million). That leaves $112 million before figuring in any expenses for housing, staff, travel or luxury goods. What about that big concert tour? Most of the recent reports have mentioned Madonna’s past 12 months as the reason for her ascent into the financial pantheon, citing sales of her MDNA album and a world tour that grossed just over $300 million. They mention perfume sales of $60 million, tour merchandise sales of $75 million, and other branding deals that add up to $30 million. But the difference between gross ticket sales, gross earnings and net earnings is ignored. Artists typically take home about one-third of gross ticket sales on the road–in Madonna’s case, that means $300 million becomes $100 million. To gross $75 million in merchandise sales, she would have had to average sales of $34 per head on her tour (or about $10 more than Justin Bieber). And that’s just the gross number. For most artists, we project net earnings of $5 per head for merch; Bieber’s take tops the charts at about $10, according to his touring team. Let’s give Madonna the benefit of the doubt and say that she also nets $10 per head–over the course of a tour that drew 2.2 million fans, that would have added up to $22 million in take-home pay. Madonna’s record deal guarantees her a base advance of $1 million per album, but MDNA hasn’t likely earned much more than that. It’s been certified gold in the U.S. for sales of over 500,000, and it seems likely the album has sold at least as many copies abroad. Still, that’s only a little more than a million copies sold, resulting in just a few million dollars in her coffers–about the same amount that most A-list entertainers net from perfume deals, regardless of heady gross sales. But let’s be overly generous. Let’s say Madonna earned $200 million over the past year. Take away 65% for taxes and management fees, as we did before. That leaves $70 million. Combine that with the $112 million left over from 2007 through the first half of 2012, and you get $182 million. So even if Madonna had saved every single penny she’d earned since 2007–no travel costs, no living cost, no splurges–she’d be worth about $500 million. Is it possible that she has other assets that have increased in value and therefore wouldn’t be figured into our annual earnings estimates? Sure. Her real estate holdings, art collection and stakes in other business ventures could have increased. But keep in mind that 2007 was the peak of a long bull market; assets that lost value during the recession are only now returning to those highs. Madonna’s representatives wouldn’t respond to FORBES’ requests for comment on this story, as it seems was the case with all the stories about her net worth published over the past week. And this isn’t the first time FORBES has weighed in on inflated claims about the singer’s billionaire status–staff writer Clare O’Connor debunked one set back in 2010. Madonna is a cultural icon, and undoubtedly one of the most successful entertainers of all time. She may well reach the billion-dollar mark one day. But as of now, at best, she’s only about halfway there. Quote Link to comment Share on other sites More sharing options...
jarrylf Posted March 30, 2013 Share Posted March 30, 2013 4 Quote Link to comment Share on other sites More sharing options...
Shawn1814 Posted March 30, 2013 Share Posted March 30, 2013 :lmao: Quote Link to comment Share on other sites More sharing options...
JoeJoe Posted March 30, 2013 Share Posted March 30, 2013 :lmao: Quote Link to comment Share on other sites More sharing options...
ThatOtherFan Posted March 30, 2013 Share Posted March 30, 2013 :lmao: :lmao: :lmao: :lmao: :lmao: Quote Link to comment Share on other sites More sharing options...
jarrylf Posted March 30, 2013 Share Posted March 30, 2013 :lmao: :lmao: :lmao: :lmao: :lmao: :lmao: Quote Link to comment Share on other sites More sharing options...
Shawn1814 Posted March 30, 2013 Share Posted March 30, 2013 :lmao: Quote Link to comment Share on other sites More sharing options...
Utopia Posted March 30, 2013 Share Posted March 30, 2013 The STRUGGLE. Vadge never said she was a Billionaire 1 Quote Link to comment Share on other sites More sharing options...
Shawn1814 Posted March 30, 2013 Share Posted March 30, 2013 The STRUGGLE. Vadge never said she was a Billionaire And Forbes never said she said she was a Billionaire.. This was in response to the NY Post saying she was a Billionaire.. Quote Link to comment Share on other sites More sharing options...
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