Kylie Minogue celebrated her final year in the UK with a £1 million payday after her company made a profit in the previous year, according to reports.
According to her Darenote Limited company accounts, the singer, 53, handed herself a huge payout, bringing her personal net worth to about £60 million, according to The Sun.
Last year, the company made £2.2 million after her CD Disco became a worldwide hit, topping charts in the UK and Australia.
Kylie Minogue celebrated her final year in the UK with a £1 million payday, according to reports.
Darenote Limited, which was established in 1990 when Kylie came to the UK, manages royalties from Kylie’s records as well as income from her appearances.
The Grammy winner announced earlier this year that she plans to leave the UK after 30 years and return to Australia, where she got her name as an actress in Neighbours.
However, the company’s paperwork indicates that it will continue to operate in the United Kingdom as a ‘going concern.’
Wow! According to her Darenote Limited company accounts, the singer, 53, saw her fortune rise to £6.8 million and celebrated by paying herself a large dividend
According to PaydayNow – Debt Help platform, Kylie is still owed more than £560,000 that she loaned the company last year, in addition to the hefty profits and dividend. She also had to pay a company tax payment of £150,000.
In an interview with Zoe Ball on BBC Radio 2, Kylie stated she was taken aback by the public’s reaction to her choice to return to Australia.
‘This year in Australia, I spent a lot of time with my family and it felt really good, and I have been talking about it for a while,’ she said. ‘Do not fear, I will not be an outsider.’
She intends to keep seeing her 46-year-old GQ executive boyfriend Paul Solomons, who will remain in London.
‘I will still be splitting my time,’ she revealed during a recent interview on The Jonathan Ross Show. People were contacting me, saying, “I’ve got to see you before you go!”
‘First and foremost, I am still here.’ ‘It was insane, but beautiful and overwhelming at the same time.’
While she has not stated where she wishes to live, she is expected to return to Melbourne, where she was born and where her family lives.