Adele earned more than £500,000 per night during her tour last year

0
145

Since bursting onto the music scene, she’s enjoyed unprecedented success – with her latest album, 25, becoming the fastest-selling in UK history.

And it appears that it’s all paying off for the star in a big way, as it’s been reported that she made over £500,000 every night during her Adele Live world tour last year.

According to DailyMail, the 28-year-old singer has become one of the highest-paid performers ever after raking in the huge amount, according to new accounts filed by her firm Remedy Touring, of which she is the sole director.

The Sun reports that Adele’s company made a profit of £11.5million between October 2015 and April 2016.

“Given this was Adele’s first ever world tour her earnings really are incredible. If you break it down then she was making more than half a million every single night,” said a source.

“The latest accounts just go up until April last year, when she was only a few months into the tour, which makes it all the more astounding.”

Talking about the rise in her income, the insider added, “Adele was selling out arena after arena every night so her income would definitely have shot up at the same rate throughout the rest of the year. It’s no wonder she was so keen to upgrade to stadiums for her upcoming Australia tour.”

Adele is reportedly worth more than $85 million earned the equivalent of £84,000 a day in 2015 through her company Melted Stone Limited.

Her accounts were boosted by the staggering sales of her album 25, released in November 2015, which sold more than 3million copies worldwide in the first week.

In 2015, Melted Stone Limited turned over £30.7million, up from £3.3million the previous year, and recorded a gross profit of £24.4million, compared to £2.6million the year before.

The huge nightly haul now puts her in the league table of legends alongside the likes of Madonna, U2 and The Rolling Stones.

Madonna is the biggest ever earner when it comes to nightly earnings on the road – she took home £3.8million a night on her mammoth Sticky and Sweet tour across 2008 and 2009.

Bruce Springsteen is next; he garnered £2.2m a night on his Wrecking Ball tour in 2012/13.

The Stones are the biggest tour earners in history – their tours in 1994, 2003 and 2005 all make the top 10.

Adele paid herself a dividend of £2.5million, as well as a salary, benefits and pension equalling £4.8million, bringing her personal take home to £7.3million.

The star also paid corporation tax of £4million, around the same as Facebook which generated £210million in sales.

And even while not working over 2014, the singer managed to rake in an estimated fortune of £17million, earned largely through royalties from album sales.