10 DAVID & VICTORIA BECKHAM
Fashion & Football 2018: £340m 2017: £300m (12th)
The Beckhams are beefing up their commercial interests while continuing to earn well from the skills which initially earned them money. While Victoria is set to reprise her role as ‘Posh’ in some form of Spice Girls reunion, her husband is starting a new Major League Soccer franchise in Miami. But the couple’s biggest break over the past year is a £30m private equity investment in Victoria’s struggling fashion line. The money poured in by David Belhassen, the man who financed the growth of the patisserie chain Paul, valued the fashion label at £100m. The pair, who divide their time between the United States and UK, are both launching their own cosmetic ranges. David meanwhile has a new grooming brand with L’Oreal called House 99, while his wife is developing a fragrance and skincare range with Estee Lauder. Footwork Productions, David’s main company, paid a dividend of £12.7m in 2016. The separate Beckham Brand Holdings, a third of which is owned by impresario Simon Fuller, showed a dividend of £10.2m in the same year. Financial statements for Victoria’s eponymous fashion label do not make pretty reading, showing a loss of £8.5m in 2016, debts of £13.1m and flat sales. But the private equity investment, which aims to pay for a digital operation and more stores, justifies a stronger valuation for the business. We raise the golden couple to £340m – a figure which includes £15m, less tax and spending, for the dividends.