Women’s Wear Daily claims that Madonna has reached billionaire status.
Madonna’s net worth had already been estimated at around $700 million, thanks to her recent record-breaking MDNA world tour, which grossed more than $305 million last year, and drew $75 million from show merchandise sales and $10 million in TV rights and DVD sales. Madonna has boosted her personal fortune to a whopping seven figures by making wise investments in her Hard Candy gym chain and in coconut health drink Vita Coco, while she banked another $10 million (after signing a recent deal with vodka brand Smirnoff. Her Truth or Dare perfume has also been a big seller – it has taken in $60 million in sales, while her Material Girl clothing and accessories line is expected to earn her another $10 million in 2013 alone.
(Via Boy Culture)