Maybe that’s one of the reasons why he’s made so much money, and we’re talking a lot of money. In fact, Simon Cowell’s been paid millions and millions of dollars over the years, with new reports highlighting just how much he made per season of American Idol
“Everything went – my house, my Porsche, all the things I thought were important,” he explained. “I had nice food every night at home. I was quite happy, really.”
Cowell started over and founded S Records Label, to which he signed boybands like 5ive and Westlife. He also signed artist Jerome, who recorded the Righteous Brothers’ hit Unchained Melody in 1995. It turned out to be a top-selling single. However, it was through talent shows that Simon himself would rise to fame.
“My talent is for creating things the public will like,” he explained. “I’m interested only in making money, for myself and the people I work for. I mean, that’s absolutely the only criterion I attach.”
In 2001, the world of entertainment would witness the birth of a new entity. Together with Spice Girls manager Simon Fuller, Simon Cowell created the program Pop Idol, on which he starred as a judge. The show became a smash hit among the viewers, and Simon became a mega-celebrity overnight.
Simon Cowell
His tight T-shirt and now classic catchphrase, “I don’t mean to be rude but,” became a trademark. Just one year later, Fox picked up the show. Now it was headed for the US, and Simon had all of a sudden become a celebrity across the Atlantic.
The first season finale – which Kelly Clarkson won – attracted more than 26 million viewers, and Simon quickly understood that there was a huge amount of money to be made here. He decided to release special American Idol-themed records, with Simon Fuller owning and being in charge of the show, as well as managing the winners.
Simon was transformed into a multi-millionaire in just a couple of years. The talent shows, including X Factor and America’s Got Talent, generated huge amounts of money for him, as well as other record companies, and in 2006, he landed a new deal.
Cowell remained a judge on American Idol for another five years – and this made him a great amount of money.
Simon Cowell – net worth, salary on ‘The X Factor’
Two of the most notable winners over the years have been Carrie Underwood and Kelly Clarkson and in the future, many more will surely come. Simon stayed on the show for a total of nine seasons. He also created The X Factor for both the US and UK and founded the production companies Syco TV, Syco Film, and Syco Music.
Cowell was the judge on both The X Factor in the US and UK. At the same time, he was also a judge, as well as executive producer, on America’s Got Talent and Britain’s Got Talent.
Even though he was a judge on many shows, one thing stayed the same. His raw, almost rude, attitude was always present. But at the same time, he had no problem with getting emotional when he heard something beautiful. At the same time as Simon’s been seen laughing at funny auditions, he’s also been able to laugh all the way to the bank.
According to CNN, Simon Cowell made a staggering $36 million dollars in 2008 alone. According to Celebritynetworth.com, the media mogul earned $45 million in 2017, and the year after $41 million. In 2020, Simon Cowell bagged more than $50 million.
In total, Simon Cowell has a net worth of $600 million. He donates a portion of his money every year to different organizations. During the COVID-19 pandemic, he donated $1.5 million to Feeding America and Feeding Britain. Continue reading…