Adele and Rich Paul are the trendiest couples in Hollywood, and they're about to become the
wealthiest, with a billion-dollar fortune. Public records now expose the full scope of the British
singer's and US sports agent's earnings and property portfolios, which are nearly identical.
Adele's major source of revenue has been three companies situated in the United Kingdom.
Melted Stone Ltd, Melted Stone Publishing Ltd (which handles royalties and record sales),
and Remedy Touring LLP (which was formed for Adele Live in 2016/17) are the companies.
She is the sole director of all three companies and has complete control over them.
Since Adele's breakthrough album 19, released in 2008, the 33-year-old has
made a total profit of $198,245,328 and paid out $97,537,644 in dividends to her fans.
Adele has received a 'director's remuneration of $20,681,737 in addition to the dividends,
and she has also invested $57,541,512 of her own money in the firms,
which is still outstanding. There is currently $76,615,339 in available 'cash in the bank,'
with the star's current assets totaling $83,538,669 dollars.
The entire turnover of all three companies is more difficult to estimate because not all have
filed financial statements, but it will be at least double the combined profit, or more than
$400 million. Remedy Touring LLP, for example, had a turnover of $215,586,674, more than double the
profit of $108,579,851. The other two corporations have disclosed turnover data in some years,
and it's always been at least twice as much as the profit, often four times as much.
The singer of Someone Like You revealed this week that she will begin a 24-date
weekend-only residency at Caesars Palace Colosseum in the new year.
Adele appears to have been planning this move for some time, as she filed a US firm called
Onwards Touring Inc in Nevada on July 26th of this year. She serves as the sole director, president,
treasurer, and secretary of the organisation. Britney Spears and Celine Dion have previously
earned roughly $500,000 per show, but Adele's shows are expected to be at least twice that,
earning her $1 million every performance and $24 million overall.
Adele Touring (US) Inc, which was founded in Nevada in April 2008 and
is not required to disclose any financial details, receives revenue from her US tour legs.
Despite this, it was stated that the two most recent North American tours,
in 2011 and 2016, grossed $13.1 million and $67.5 million, for a total of $80.6 million.
When all of these data are added together, as well as the predicted income for the next 12 months,
Adele's firms are on track to have a total turnover of over
$800 million and a profit of $300 million, including sales from her current album 30.
Meanwhile, boyfriend Rich Paul is the owner of Klutch Sports Group, one of the most successful
leisure agencies in the United States, with a roster of NBA stars that includes LeBron James.
According to data from the famous basketball website hoopshype.com, the 39-year-old has
secured contracts for $1.385 billion between 2012 and 2021, with another $336.3 million expected
next year. A maximum of 4% of a client's earnings can be taken by an agent, according to NBA rules.
This means that his total compensation for the ten years leading up to 2022 will be just under
$69 million - and that's just for professional contracts, not endorsements or media partnerships,
which will at least treble that number. Adele owns three mansions in the posh
Hidden Valley neighborhood of Beverly Hills, which is also home
to BFF Jennifer Lawrence and Nicole Kidman. She paid $9,950,000 for the third pad in May
from Nicole Richie and her musician husband Joel Madden, which is next door to her first property,
which she bought for $9.5 million in 2016. It includes four bedrooms,
six bathrooms, a pool, and a summerhouse. She bought the six-bed property across the
street for $10.65 million after splitting up with ex-husband Simon Konecki in April 2019.
Adele also has two residences in southwest London, which she purchased in 2012
and 2013 for $7.54 million and $7.18 million respectively. She's also lived in the same
South London flat for the past 12 years, which she bought for $1.18 million in January 2010.
The overall value of the portfolio is $46 million. Before we go on details about Rich Paul’s
properties, let’s talk about about who he is... Paul, 40, was born and raised in the Glenville
neighborhood of Cleveland, Ohio, and became a sports agent after meeting a teen James at the
Akron-Canton Airport in 2002. Paul was wearing a Houston Oilers jersey when James noticed him,
and the two kept in touch, eventually becoming such close confidantes that Paul went to work for
James's then-agent Leon Rose at Creative Artists Agency. He was eventually able to strike out on
his own after developing a strong business sense. Paul now runs his own sports agency, Klutch Sports
Group, which he founded in 2012, and is one of the most well-known agents in the industry.
Among his clients are LeBron James, Ben Simmons of the Philadelphia 76ers,
Anthony Davis of the Los Angeles Lakers, and Draymond Green of the Golden State Warriors.
The Hollywood Reporter announced in March 2021, around the time Paul allegedly began
"hanging out" with Adele, that the sports agent would release a memoir titled Lucky
Me. The book is a coming-of-age story that will be published by Roc Lit 101, Jay-entertainment
Z's company's publishing division. Paul's upbringing in Cleveland,
his relationship with his family, and his rise to the top of his field in sports
are all expected to be covered in the memoir. “Lucky Me is more than my story,” Paul revealed
in a press statement. “Lucky Me is the story of every young Black man who grew up like me. I want
to use my story to uplift and inspire those who lived this and educate those who didn’t.
I cannot tell you what it means to partner with my friend and mentor Jay-Z on this project. Lucky Me
was the name of the book before I even spoke with Jay because his music was my life’s soundtrack.”
Rich and Adele have "really connected" in the few months they have been dating,
according to the source. "Adele is having so much fun with Rich; they have bonded over their shared
sense of humor, and they admire each other's work ethic." They make time for each other
and give each other plenty of space so they don't become overbearing," they revealed.
Adele admitted to being nervous before their blind date, which took place after her divorce from
Simon Konecki. "You can't arrange a f***ing blind date for me!" In an interview with Rolling Stone,
she recalled saying to her friend, "How's that going to work?" The couple made their
first public appearance together in July 2021 at Game 5 of the NBA Finals, but it wasn't until two
months later at NBA star Anthony Davis' wedding to Marlen P. that they went Instagram official.
Adele revealed in another interview that the two had been in each other's orbits through
mutual friends. "He was always there, I just didn't see him," she told Vogue, adding that
the incident occurred "a couple of years" prior to their date. "He was dancing." All of the other
guys were doing nothing but sitting around. She recalled, "He was just dancing away."
Adele opened up about her relationship with Paul and what makes it so special in an interview with
Oprah Winfrey during her Adele: One Night Only TV special. She said it is the first
time she is truly “loved myself and been open to loving and being loved by someone else.” So,
Winfrey asked, is the lucky sports agent getting a different Adele than everyone else has gotten?”
“Yeah,” Adele answered hesitantly. “By arriving and turning up [for myself], maybe I’m getting a
different version of him at all. it is just timing. It’ll be interesting to see what my
reaction will be like in general to anything that hurts me now that I feel so secure in myself. And
I’m talking outside of romance as well.” Back to properties talk, in 2019, lover
Rich Paul paid $11.7 million for a Beverly Hills 'wellness mansion' with six bedrooms,
seven bathrooms, a gym, a Peloton cycle, and a Scandinavian hydrotherapy circuit.
He had purchased a six-bedroom property with pool in the Fairfax district of Los Angeles
for $4.35 million the year before. He spent $3 million in 2016 for
a 3,900-square-foot property in the Beverly Grove neighborhood. His three
properties are valued at $19.05 million. The two celebrities own a total of nine
residences worth $65.05 million around the world. Too much? Tell us in the comment
section your thoughts. Also, make sure to like this video and subscribe to our channel.
We will see you in the next video; till then, stay happy!