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Daily Mirror
Daily Mirror
Entertainment
Mark Jefferies

The Beatles are still raking in mega cash after raking in over £50m last year

The Beatles are still making plenty of notes after the band’s company banked £50,244,899 last year.

Turnover for Apple Corps Limited was revealed in yearly account details – and equates to £137,657 a day.

Of this income, pay to Sir Paul McCartney, Ringo Starr, John Lennon’s widow Yoko Ono and George Harrison’s Widow Olivia was £6.1million each.

This was made up of £1,417,000 in dividends and £4,719,500 in “connection with the provision of promotional services and name and likeness rights”.

Apple Corps also made a pre-tax profit of £8,606,191 for the year ending January.

A joint venture with Cirque du Soleil is responsible for a large chunk of the money, as the theatrical production Love was doing well in Las Vegas before the Covid-19 lockdown.

Sir Paul McCartney (Tim P. Whitby/Getty Images)
Ringo Starr (Getty Images)

It tops the previous year, when turnover was £36.5m with a pre-tax profit £5.5m – and their shares were £3,685,000.

Bassist Paul, 78, and Ringo continue to work and teamed up virtually earlier this year for a concert to mark the drummer’s 80th birthday.

According to the Sunday Times Rich List, Paul is worth around £800m.

Yoko Ono (Liverpool Echo)
Olivia Harrison (PA)

But he has a reputation for being sensible with his cash and earlier this year we told how he still uses a guitar amp he bought aged 14.

A documentary on The Beatles by Lord of the Rings director Peter Jackson called Get Back is due out next year.

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