Guitar hero Clapton takes home £4m
Latest in Business News
On Facebook
Eric Clapton proved himself no slow hand in the moneymaking stakes again last year as he took a salary of nearly £4m out of his music business.
Clapton has just filed accounts with Companies House for his Marshbrook business, through which he runs his music and touring management operations as well as the leasing of his luxury yacht.
Revenues were up nearly £2m to £12m, thanks to an increase in his touring revenues. However, that is likely to increase in the current year as he has been playing an intensive tour, taking in the Royal Albert Hall and cities across Japan and Thailand.
The artist famed for his classics "Layla", "Cocaine" and "Wonderful Tonight" paid himself £3.98m for the year ending 31 March, slightly up on the £3.92m of a year before. However, he did not pay himself a dividend, unlike in the previous year, when there was a £600,000 dividend.
Due to poor trading at his yacht management business, Marshbrook made a loss of £924,225 before tax.
Clapton's 47m yacht, Va Bene, has six bedrooms, a jacuzzi, a weights room and a crew of 13, and can be rented out for some £179,000 a week.
Clapton paid a hefty foreign tax bill of £482,913.
- 1 Brazil rocked by abortion for 9-year-old rape victim
- 2 News in pictures
- 3 Four Britons face death by firing squad after 'smuggling cocaine into Bali'
- 4 Naked Miami man shot dead after being found eating another man's face
- 5 In pictures: The bewildering face of China
- 6 Principled Skinner rises above the fray
- 7 Thunderstorms and rain on the way as heatwave gives way
- 8 News International 'tried to blackmail select committee'
- 9 Postgraduate students are being used as 'slave labour'
- 10 Pope's butler: 'more arrests may follow'
- 1 Robert Fisk: Clinton's $33m raid on Pakistan shows that, in the end, hypocrisy will win
- 2 Brazil rocked by abortion for 9-year-old rape victim
- 3 It's not easy being Professor Green: The rapper, the heiress and a drama made in Chelsea...
- 4 Naked Miami man shot dead after being found eating another man's face
- 5 Principled Skinner rises above the fray
- 6 Fat? Really? Olympic hope laughs off official’s jibe – but others aren’t amused
- 7 'Hello mum, this is going to be hard for you to read ...'
- 8 Postgraduate students are being used as 'slave labour'
- 9 Coke reveals its secret: It may need to carry a cancer warning
- 10 French in uproar over oral sex anti-smoking posters
Experience the Heineken Hub
Get free wi-fi and exclusive i content while you enjoy a tasty pint of Heineken at participating pubs.
Can you imagine a career in teaching?
Be inspired to teach - let real teachers show you how rewarding the job can be.
Playing a game-changing role during the Games
Cisco is providing the solutions for London 2012's complex IT needs.
Enter the latest Independent competitions
Win anything from gadgets to five-star holidays on our competitions and offers page.
Business videos from commercial thought leaders
Watch the best in the business world give their insights into the world of business.
Career Services
Day In a Page



Comments