DAVID and Victoria Beckham gave £1 million to charity and got paid £14.5 million after Victoria’s thriving company made £38.3 million last year, The Sun can reveal.
The power couple’s respective companies, DBVL and VBHL, both saw huge revenue growth – and they have been generous with the profitable performance.
David and Victoria Beckham have enjoyed a lucrative year [/caption]
Victoria’s company previously saw losses of £10.5 million in 2018, but the boost has seen those losses more than halved to £4.6 million.
This comes after the star, 47, launched a new beauty range that has been a huge hit with customers.
In fact, Victoria’s products have been so successful that she was able to achieve a second boost despite her flagship Dover Street store being closed for a substantial amount of 2020 due to coronavirus lockdown restrictions.
Despite the blow, VBHL saw a positive year-on-year growth, with a 20% increase in the UK alone.
Despite her flagship store being closed for most of 2020, Victoria has still had a boost[/caption]
The Sun can reveal that this increase is partly due to the savvy businesswoman’s use of social media to increase sales, which drove 15% of traffic to her site in 2020 – and contributed to 10% of total revenue.
Her and 45-year-old David’s hard work and success means that they were able to pay themselves £14.5 million in directors dividends as the company shareholders.
Records filed at Companies House today also reveal that generous David made a huge £1 million donation to UNICEF, where he is a global goodwill ambassador.
David gave a generous donation to UNICEF [/caption]
He is a global ambassador for the charity [/caption]
Posh and Becks were paid £14.5 million in directors dividends[/caption]
While Victoria earns her cash through her luxury fashion label, which was launched in 2008, as well as her beauty and new skincare ranges, David has long-term strategic partnerships with several global organisations.
These include Adidas, Whisky brand Haig Club, and hotel group Sands.
His company also launched DB Eyewear in 2019, as well as an integrated production company and creative agency called Studio 99.
David works with several brands – including Haig Club whisky [/caption]
The pair are renovating their Cotswolds home[/caption]
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2019 also saw Becks’ build-up to the launch of Inter Miami CF, a new MLS team co-founded by David Beckham, which played its first game in March 2020.
In addition to their charitable donations, Posh and Becks spend their hard-earned money on their luxury homes around the world.
Yesterday, the Sun revealed that the pair have been approved to kickstart the construction of a new wine cellar at their Cotswolds mansion, having previously got the go-ahead for a series of other renovations – including a lake.