Spice Girls mastermind Simon Fuller predicted their earning power in 1995 and said Brand Beckham could make them billionaires
DAVID and Victoria Beckham have become joint billionaires.
Brand Beckham has seen a recent spike in earning power and the couple have reached £700million sterling – or a billion dollars – in their joint accounts.
The couple are absolutely loaded thanks to football-related revenue, lucrative endorsement deals, a fashion and make-up line, and the ongoing Spice Girls comeback.
David’s wages pour into three companies, which include Footwork Productions, Beckham Brand Holdings and DB Ventures Ltd.
According to the Mirror, Footwork Productions has a turnover of £208.3m, Beckham Brand Holdings £260.8m, and DB Ventures Ltd has a balance of £90m.
The 43-year-old’s mega rich wife sees money from her 10-year-old fashion empire stack up in Victoria Beckham Ltd, which has a net worth of £100m.
And cash from 44-year-old Victoria’s music career pours into Moody Productions, which holds another £10m.
Previous figures slipped out just before Christmas also revealed David and Victoria can celebrate plenty of business success, despite rumours of marital disputes and struggles at her fashion firm.
Alongside David and Victoria, Beckham Brand Holdings’ third shareholder is XIX Management, controlled by long-time business partner Simon Fuller, former manager of the Spice Girls.
Each of the trio got a hefty payout of £18.75million before Christmas — just about enough, perhaps, to make Posh crack a smile.
Spice Girls mastermind Fuller predicted the couple’s success when David and Victoria signed with him in 1995.
He said: “Victoria’s glamour and David’s sex appeal and sporting prowess could over the long-term create a $1billion brand.”
Earlier figures show Victoria’s fashion firm had suffered a major financial hit, however, losing £10.2million in the last financial calendar — on top of an £8.2million loss a year earlier.
Those losses took her total deficit since 2013 to more than £30MILLION.
But the 44 pages of new paperwork don’t dwell on that for long.
Instead, the document insists the group’s main objectives were achieved, adding: “In November 2018, Victoria Beckham 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.”
