David Beckham earned a jaw-dropping £657,322 per week in 2022 – as he and his wife Victoria shared an £8million dividend from their business empire.
The power couple entered 2022 feeling flush after sales across their ventures surged following lockdowns – with the former Spice Girl’s fashion range making a loss.
Beckham Brand Holdings, which acts as the umbrella company for David’s investments and branding and Victoria’s fashion and beauty firm, revealed in accounts filed that profits for 2021 hit £19.1m, up from £11.6m a year earlier.
Wow! David Beckham (pictured in December 2022) earned £657k per WEEK in 2022 and shared £8m dividend with Victoria from their business empire – despite her fashion losses
Most came from DB Ventures – the former England footballer’s brand is licensed to the likes of video games producer Electronic Arts, Adidas, watch company Tudor, whisky brand Haig Club and car manufacturer Maserati.
DB Ventures’ turnover shot up from £11.4million to £34million, while profits climbed from £12.9million to £24.1million.
Victoria’s arm, which has in the past been propped up by her husband’s success, saw losses fall from £8.7million to £5.9million as sales climbed 13 per cent to £40.9million.
Oh dear: The power couple entered 2022 feeling flush after sales across their ventures surged following lockdowns (pictured in 2019)
Victoria Beckham Holdings, part-owned by the Beckhams and part-owned by London private equity firm Neo Investment Partners, kicked off a turnaround plan in 2021.
It merged two fashion lines – which had included the flagship range and the more ‘playful’ sister line VVB – under one brand, and ‘reshuffled’ all of its processes from sourcing and manufacturing to deliveries.
Chief executive Marie Leblanc said: ‘2021 saw the successful turnaround of Victoria Beckham Limited and 2022 is set to be an e n stronger year. We have entered a new chapter and our energy is focused on accelerating growth and taking the brand to its full potential.
‘With the successful launch of leather goods in 2022 and the continuous acceleration of sales growth in beauty, we have high expectations.’
Beckham Brand Holdings paid a total dividend to the Beckhams of £6.3million over the course of 2021 plus another £1.8million after the year ended.
The company also owns David’s stake in US ‘soccer’ club Inter Miami, which he owns along with brothers Jorge and Jose Mas.
As of the end of 2021, according to the accounts, his stake in the football club was valued at £23million.
MailOnline has contacted a Beckham representative for comment.
Jaw-dropping: DB Ventures’ turnover shot up from £11.4million to £34million, while profits climbed from £12.9million to £24.1million (David and Victoria pictured in 2018)