David and Victoria Beckham scooped £8.1m in dividends in 2020

1 week ago

David and Victoria Beckham scooped £8.1m in dividends in 2020 as his business empire withstood headwinds of the pandemic

By Daily Mail City & Finance Reporter

Published: 21:50 BST, 5 August 2022 | Updated: 23:26 BST, 5 August 2022

David and Victoria Beckham scooped £8.1m in dividends in 2020 as his business empire withstood the headwinds of the pandemic. 

Latest results reveal the star's company, David Beckham Ventures, which manages his global brand, paid out the sum after reporting a profit for the year of £10.6m, up from £9m in 2019 after signing several multi-million pound sponsorship deals. 

Sponsorships include deals with computer game group Electronic Arts, Adidas and gym chain F45. 

Payout: David and Victoria Beckham scooped £8.1m in dividends in 2020

The profit was boosted by one of Beckham's other businesses, Seven Global, which manages contracts with perfume brand Coty and Italian eyewear maker Safilo. 

The £8.1m payout was lower than the £14.5m from the previous year. 

The Beckhams are not the only celebrities to pocket sizeable dividends despite the pandemic. 

This week it was revealed celebrity chef Jamie Oliver was paid around £5.6m from his media and restaurant empire last year despite profits from two of his companies dropping to £9m, from £11.8m.

Advertisement

Some links in this article may be affiliate links. If you click on them we may earn a small commission. That helps us fund This Is Money, and keep it free to use. We do not write articles to promote products. We do not allow any commercial relationship to affect our editorial independence.