What is Simon Cowell's net worth? Inside his million dollar fortune, Syco Music earnings and lavish homes
John and Edward Grimes aka Jedward have taken a dig at X-factor judge Simon Cowell on social media, saying, "Simon Cowell thinks he’s the Mafia leader of the music industry when in reality he’s nothing but a bad facelift." In a series of tweets, the singer twins blasted X-Factor and Simon Cowell stating that every contestant was 'a slave to the show'.
They even dubbed his production company Syco as 'Psycho', alleging that the company has mistreated other artists like One Direction and Little Mix as well. But, Simon Cowell has not responded to the remarks. Cowell founded the company in 2005. It has achieved grand success ever since, helping Cowell amass a massive fortune. Read on to find out more about Simon Cowell's net worth, income, and assets.
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Pop duo Jedward's mother Susanna Condron has died after a long battle with cancer
Simon Cowell thinks he’s the Mafia leader of the music industry when in reality he’s nothing but a bad facelift ❤️
— JEDWARD (@planetjedward) April 5, 2021
There’s a reason Syco is called Psycho! 1D and Little Mix are legally fucked in contracts and can never speak out so we are!
— JEDWARD (@planetjedward) April 5, 2021
What is Simon Cowell's net worth?
Simon Cowell has been a dominating face on television and in the music industry over the past three decades. He has appeared as a judge on top reality shows like 'America's Got Talent', 'Britain's Got Talent' and 'The X-Factor'. In fact, he has produced these three shows as well.
Cowell started out his career with a series of odd jobs in his youth, including working as a runner in 1980 on Stanley Kubrick's classic film 'The Shining'. He later worked for his father at EMI Music Publishing, before leaving to launch his own label 'E&S Music'. He then worked for eight years with Fanfare Records before forming another of his own labels called S-Records.
Initially working with TV shows like 'The Wiggles' and 'Mighty Morphin Power Rangers', S-Records' first major musical release was the song 'Unchained Melody' sung by actors Jerome Flynn and Robson Green. In fact, according to Celebrity Net Worth, this album earned Cowell his first million.
Cowell became a judge at the British reality TV show 'Pop Idol' in 2001, and in turn, moved on to its spin-off 'American Idol'. As he became a recurring judge on different reality shows, he simultaneously launched his own record label Syco. It was initially divided into Syco Music, Syco TV, and Syco Film, which together came to be known as Syco Entertainment.
His present net worth has been estimated at a staggering $600 million by Celebrity Net Worth. He is known to earn between $50 million to $100 million annually from his various ventures. His salary has been estimated to be around $95 million.
Cowell's lavish lifestyle and fleet of supercars
The television mogul owns several homes across the UK and USA. He also has a resort in Barbados where he often spends vacation time and Christmas with his family. His two main residential houses are located in London and Malibu.
In London, Cowell bought a house for $15.25 million in Holland Park, one of the wealthiest districts in the city. He resides in the house whenever he is in London. His US home in coastside Malibu is even bigger — a $24 million mansion with six bedrooms, seven bathrooms, and a 1.63-acre garden, as per Talent Recap.
Cowell owns a splendid fleet of about 20 supercars, including a Tesla Model X and a Rolls Royce Phantom, priced at $500,000. Some of his other vehicles include a Lamborghini Urus, a Bentley Continental GT Convertible, and a Bugatti Veyron, which alone is priced at $2 million.