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News >> Entertainment

Kylie Minogue's pay is 1.2 million pounds a year!


London | March 23, 2004 3:29:53 PM IST

Pop star Kylie Minogue is paid 1.2 million pounds a year, according to her company's accounts.
According to a report in The Mirror, Kylie's dad Ron, who runs Darenote Ltd with Kylie's mum Carole, said that the business had a very successful year in 2001 as the firm earned 2.8 million pounds for the year to March 2002.

Darenote, which owns the singer's 1 million pounds London home, paid nearly 160,000 pounds in pension and National Insurance sums, 48,000 pounds in expenses and a 51,000 pounds tax bill. It also paid off 200,000 pounds in loans and gave 3,500 pounds to charity.

The report says that the bumper earnings came less than four years after the pop sensation's career was in the doldrums and the firm lost 43,000 pounds.

Then Kylie's single 'Can't Get You Out of My Head' sold four million worldwide and saved the company from complete financial mess.

Since then two hectic years followed but Kylie said last month that she enjoys the fast and hectic pace of her life. "I enjoy hard work but if I had another two years like the previous two, I might start not to like it so much," the report quoted Kylie as saying. (ANI)



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