Video stunt cyclist’s fortune leaps to more than £1.2m
STUNT cyclist Danny Macaskill boosted the value of his fortune to more than £1.2 million last year, figures have revealed.
The star street-bike rider’s income is soaring as he travels the world performing daredevil stunts for adverts and promotional videos.
Latest accounts for the 32-year-old’s main company DMAC 24 show it had net assets of £1,200,787 – up more than £400,000 from the previous year.
The company owed creditors £240,000 and had profits for last year of more than £500,000. Macaskill paid himself a dividend of £40,000.
Macaskill, who rose to stardom by posting videos on the internet, also has a second firm Drop and Roll Worldwide, which handles income from his touring shows. Its accounts show it has net assets worth more than £31,000.
The cyclist, from Skye, has seen his earnings soar in recent years but the swollen coffers come despite him regularly rejecting big offers.
He has previously said: “I’m not motivated by money or fame. The only thing that really excites me is doing stuff with my friends.
“I’ve never really been a moneydriven person. I’ve been offered a lot of money for some projects but if it’s cheesy then it’s not something I want to be part of.”
Macaskill is famous for his nailbiting tricks including leaping on to a single train track, turning a hay bale into a giant unicycle, riding over a cottage, and disappearing into a 6ft puddle.
In October 2014, he released a film titled The Ridge, shot on his home island, which shows the superstar cycling along the steep and rocky Cuillin Ridge.
In its first five days, the video was viewed 10 million times on Youtube. It has now had more than 53m views. Macaskill first shot to fame on the back of his Inspired Bicycles film which was a web smash hit in 2009.
He set up DMAC that year – to channel his earnings with mother Anne as co-director and father Peter as company secretary and gave up his job as a mechanic to begin riding and filming full-time.
In 2012, he launched plans for a range of cycling merchandise called Balance.
He also has a lucrative sponsorship deal with Red Bull.
In 2016 he released his autobiography, At The Edge, which charts his rise to fame.