David and Victoria Beckham scooped £8.1m in dividends in 2020 as his business empire withstood headwinds of the pandemic
David and Victoria Beckham scooped £8.1m in dividends in 2020 as his business empire withstood the headwinds of the pandemic.
Latest results reveal the star’s company, David Beckham Ventures, which manages his global brand, paid out the sum after reporting a profit for the 12 months of £10.6m, up from £9m in 2019 after signing several multi-million pound sponsorship deals.
Sponsorships include deals with computer game group Electronic Arts, Adidas and gym chain F45.
Payout: David and Victoria Beckham scooped £8.1m in dividends in 2020
The profit was boosted by considered one of Beckham’s other businesses, Seven Global, which manages contracts with perfume brand Coty and Italian eyewear maker Safilo.
The £8.1m payout was lower than the £14.5m from the previous 12 months.
The Beckhams usually are not the one celebrities to pocket sizeable dividends despite the pandemic.
This week it was revealed celebrity chef Jamie Oliver was paid around £5.6m from his media and restaurant empire last 12 months despite profits from two of his firms dropping to £9m, from £11.8m.