Adele and Rich Paul have made the ultimate commitment and have set up home together in a £47million ($58million) love nest.
The singer, 34, took to Instagram on Wednesday and shared a series of loved-up snaps of the couple, including one where they both held up the keys to their abode.
The stunning new 18,587 square-foot abode, formerly owned by Sylvester Stallone boasts eight-bedrooms and 12-bathrooms and is another property to add to Adele’s growing portfolio – with the star already owning three mansions in LA‘s Hidden Valleys.
And as the couple, who began dating last year, get serious and move in together, we take a look at their seriously impressive finances – with the superstar singer and the sports agent boasting a combined fortune of a whopping £230million.
But, the power couple could be set to add even MORE cash to their eye-popping fortune, as the payday from Adele’s Las Vegas residency is still yet to come, while Rich is set to release his upcoming memoir, Lucky Me.
New home! Adele and Rich Paul have made the ultimate commitment and have set up home together in a £47million ($58million) love nest
Mega mansion: In January it was claimed the vocal powerhouse was splashing out ‘$58million’ on a fourth property – Sylvester Stallone’s Beverly Hills mega mansion which sat on the market for the better part of the year
Fortune: as the couple, who began dating last year, get serious and move in together, we take a look at their seriously impressive finances – with the superstar singer and the sports agent boasting a combined fortune of a whopping £230million
Thanks to her catalogue of wildly popular music, Adele could never work a day of her life again and still be raking in handsome profits from royalties alone.
Kerching: Thanks to her catalogue of music, Adele could never work a day of her life again and still rake in profits
The singer is reportedly set to earn a fortune (a reported £500k [$679,500] per show) from her upcoming Las Vegas residency, which was postponed from January this year.
With the star’s initial plan seeing her perform twice a weekend for 12 weeks, she could earn as much as £12,000,000 [$16,320,300.00] .
In 2019, Adele raked in nearly £23,000 a day despite not releasing a record or going on a tour. She made a staggering £8.6million profit after taxes, which works out to £23,719 a day.
She has two companies which look after her royalties and album sales, with account summaries made up to December 31 show the Someone Like You songstress, 33, had huge income in the year she released her comeback album 30.
Melted Stone Publishing Ltd which was formed in April 2011 showed cash in the bank and in hand at £8,941,779 after costs of £4,518,566.
Adele is the sole director of that company under her real name Adele Laurie Blue Adkins.
In addition Melted Stone Ltd which was formed in April 2008 showed cash in the bank and in hand at £19,996,938.
Adele is the sole director and secretary of that company. That makes the total £28,938,717 overall.
Adele’s net worth is listed as £162 million ($220 million)
Respected: Rich has negotiated more than $1 billion in active deals for his high-profile clients during his career
Rich owns Klutch Sports Group and manages a roster of NBA stars including LeBron James, Anthony Davis, Ben Simmons and John Wall.
He has negotiated more than $1 billion in active deals for his high-profile clients during his career and in 2020, he made Forbes’ list of the world’s top 10 most powerful sports agents, hitting No. 9 on the list. He was classed No. 2 globally in basketball. He was also featured on the 2020 Ebony Power 100 List.
According to hoopshype.com, he has a further $336.3 million deals projected next year. Under NBA rules, an agent can only take a maximum of four percent of their clients’ earnings.
His commission stands at just under $69 million earned in the last 10 years, with that figure not including any lucrative endorsements or media deals, which would expect to double that figure.
Klutch Sports, part of United Talent Agency (UTA), leapt up 23 places on the list of the world’s most valuable sports agencies within a five year period, following Paul’s involvement. Paul now leads UTA’s sports division.
His first foray into business saw him buying vintage sports jerseys from Atlanta, selling them out of his car in Cleveland, often making $10,000 per week.
Rich’s net worth is listed as £88.4 million ($120 million).
Since shooting to fame, Adele has shown a keen interest in the property market and has bought and sold a number of lavish properties both in the UK and US.
2011: LOCK HOUSE, WEST SUSSEX
ON THE MARKET: £6.5million ($8.9m)
Adele’s first foray into property was the stunning Lock House mansion in Partridge Green, which has an amazing 84.7 acres of land.
She lived in the home in 2012 when her career began to sky rocket after the success of her first album, 21.
A year later she moved to East Grinstead – in the home she has just sold – and the Lock House is on the market for £6.5million.
2012-2013: KENSINGTON MEWS
BOUGHT: £5.65million ($7m) and £5.38million ($6.6m)
Back in 2012 she bought a mews house in Kensington, for £5.65million ($7m) before purchasing the house next door for £5.38million ($6.6m) with plans to knock the two through in order to give her extra space.
The house includes a display cabinet in which her Oscar for the song Skyfall is housed, along with the sparkly Burberry dress and Louboutin silver platform pumps which she wore for her performance.
Adele’s Hidden Valley Trio
As well as her home in London, Adele also has three mansions situated within another gated community in the Hidden Valley in Los Angeles
Impressive! Adele had previously monopolised her Beverly Hills suburb by splashing the cash on three properties in another gated community
HOUSE ONE: Adele’s current home
– Purchased for $8.4million in 2016
– Four bedrooms, six bathrooms
HOUSE TWO: Adele’s ex-husband Simon Konecki’s home
– Purchased for $10.65million in 2019
– Five-bedrooms, six-bathrooms, 6,045 square feet and sits on nearly an acre
HOUSE THREE: Adele’s latest purchase
– Purchased for $10million in 2021
– Four-bedroom, four-bathroom, with pool and basketball court
2012: A HOME FOR MUM
BOUGHT: £600,000 ($738k)
The Skyfall singer transferred ownership of her flat in trendy Notting Hill to her mother, Penny Adkins, according to publicly-available land registry records.
2018: FIRST BEVERLY HILLS HOME
£8.5 million ($9.5 million)
The London native, paid $9.5 million for a home in the luxe neighborhood. The neighborhood counts among its residents stars like Jennifer Lawrence, Katy Perry and Cameron Diaz, Ashton Kutcher, Mila Kunis, Penelope Cruz, Javier Bardem and Nicole Kidman.
2019: SECOND BEVERLY HILLS HOME
Adele splashed out on this five-bedroom, six-bathroom home, which was built in the early 60s, spans 6,045 square feet and sits on nearly an acre . The includes a large office, an art studio, a crafts room, a library and a gym.
At the time, incredible images confirmed that her home is just feet away from her estranged husband Simon’s pad – with the lavish houses literally sitting opposite one another.
It was revealed in May 2019, that the Someone Like You hitmaker, had splashed out $10.65million (£8.53million) for a Beverly Hills home that sits just opposite another residence she owns where Simon, 45, resides.
TOTAL: £21.25 million ($28.8 million)
2016: BEVERLY GROVE HOME
£2.2million ($3 million)
Rich splashed out on a 3,914-square-foot house near the Melrose district featuring an outdoor swimming pool and spa area. The sprawling property boasts five bedrooms and six bathrooms with a balcony overlooking the garden as well as a front-facing terrace.
2018: FAIRFAX HOME £3.2 million ($4.35 million)
Rich’s second home is just as lavish and located in the trendy West Hollywood area and boats six bedrooms, 5.5 bathrooms and more than 5,600 square feet of living space.
The newbuild home sits on a 7,700-square-foot lot with a swimming pool as well as a spa and waterfall feature.
Not-so-humble adobe: Rich splashed out £2.2million on a 3,914-square-foot house near the Melrose district featuring an outdoor swimming pool and spa area
2019: BEVERLY HILLS HOME £8.6 million ($11.7 million)
Rich’s latest addition to his property collection was an abode billed as a ‘wellness house’ complete with a gym, Peloton bike and a Scandinavian hydrotherapy circuit consisting of a sauna, steam room and cold plunge.
The wellness house purchase also included three months of cold-pressed juice deliveries and private, in-home yoga lessons were thrown in as well.
TOTAL: £14 million ($19.05 million)
COMBINED PROPERTY WEALTH: £35.25 million ($47.8 million)
COMBINED NET WEALTH: £250 million ($339 million) – so far.
THERE’S MORE TO COME!
The British star dismayed fans in January after postponing a lucrative set of Caesar’s Palace shows just 24-hours before her first performance at the venue, with many out of pocket after spending thousands on tickets and plane fares to see her onstage.
Recent reports suggest the star is close to finalising a new deal to bring her Las Vegas residency to Zappos Theater in Planet Hollywood after vowing that her postponed shows would happen this year.
With that being said, based on calculations from her initial Vegas residency, Adele could be set to earn as much as £500,000 per show – £12,000,000 in total – should she still go ahead with the 12 weeks as originally planned.
Devastated: The British star dismayed fans in January after postponing a lucrative set of Caesar’s Palace shows just 24-hours before her first performance at the venue
The old venue: Adele was due to perform at Caesar’s Palace before postponing earlier this year
A source told The Sun: ‘Adele is the hottest ticket in Las Vegas right now and she’s raking in a pretty penny from it.’
‘She is expected to make over £500,000 per gig thanks to ticket sales alone, even before the merchandising.’
They add that tickets for Adele’s show costs from $1,320 (£970) to up to $16,940 (£12,460), with the star set to earn cash from the sales as well as merchandising – though it’s not confirmed if Zappos Theater will charge the same price.
Wow! With that being said, based on calculations from her initial Vegas residency, Adele could be set to earn as much as £500,000 per show – £12,000,000 in total -should she still with the 12 weeks as originally planned
Rich Paul is set to release a memoir with Roc Lit 101 – the publishing division of Roc Nation.
It was announced in March last year that the star would tell his story in upcoming book Lucky Me, which will chart his beginnings right through to him becoming one of the biggest sports agents in the US.
Speaking of his book, Rich said in a statement: ‘Lucky Me is more than my story. 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.’
However, there is yet to be any information to be revealed on how much Rich is set to earn with his new book – but no doubt it’s set to be a huge sum’
COMBINED NET WEALTH: £272million (If Adele goes ahead with her Las Vegas residency with tickets costing the same as originally planned)
Rolling in the cash! But, the power couple could be set to add even MORE cash to their eye-popping fortune, as the payday from Adele’s Las Vegas residency is still yet to come, while Rich is set to release his upcoming memoir, Lucky Me
Originally posted 2022-05-12 12:37:27.