Cowell is a supporter of animal rights and has donated to Manchester Dogs' Home. He also is a huge animal person (who knew!). He's a big family man, with wife Lauren Silverman and five-year-old son Eric. The America's Got Talent judge doesn't just spend his money on luxe properties.
Add to that a $25 million, 10,000-square-foot property on the Malibu coast, as well as a $40 million, 10-bedroom estate in Barbados. He also owns a $10 million mansion in London's "Golden Postcode," better known as Holland Park. and beyond, including a neighboring mansion to Elton John's place in Beverly Hills. He now owns a ton of luxury real estateĬowell has a few mansions in the U.S. By 2017, Cowell was bringing in $95 million per year. Since its establishment, the company has sold more than 200 million albums and achieved 180 number-one singles worldwide. Cowell, who owned half of Young's shares, sold his share in S Records to BMG for $42 million.Ĭowell also founded music and television company Syco Entertainment in 2003. One winner, Will Young, earned $1.8 million in sales with his debut single. This was all while still earning income from the record labels he founded.Ĭowell started his own record label S Records in 2002 and strategically signed the top two finalists from the first season of Pop Idol, who both went on to have number one hits in the U.K. He earned a cool $33 million per season of American Idol and went on to produce other successful musical talent show franchises such as X Factor, Britain's Got Talent, and America's Got Talent. Both shows were instantly successful: Pop Idol's first season attracted more than 11 million viewers, and American Idol doubled that with its first season finale.ĭespite the widespread opinion that Cowell was a little too opinionated, the judge quickly rose to fame as these shows took off. In 2001, Cowell teamed up with Simon Fuller to produce Pop Idol, a show in which the public chooses Britain's next big music performance star, and then American Idol one year later. He came into extreme wealth in the early 2000s This is where he really developed his eye for talent: The star signed many successful artists including boy band Westlife and the pop duo Robson & Jerome. He landed on his feet thanks to a job as an A&R consultant with BMG, where he was responsible for scouting new talent and musicians. By 1989, the company folded for good, and Cowell nearly went bankrupt. Its breakout moment came when the hit song "So Macho" by Sinitta was released in 1986. In the four years that it was established, Fanfare Records found very little success.
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View full post on Instagram He almost went bankrupt when Fanfare Records folded
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