It is no surprise to find Paul McCartney, Elton John, Sting and Mick Jagger in the Top 10 Rich list for the British entertainment industry but there is a new name on top, Edgar Bronfman Jr.
Edgar Bronfman Jr, the Chairman and CEO of Warner Music Group, is now listed as the richest man in British entertainment after moving from New York to London last year.The New York born Bronfman came from a wealthy background. His family owned the Seagram Company liquor company. He became CEO of Seagram’s in 1994.
He expanded Seagram’s into Entertainment with the purchase of Polygram in the 90s, then MCA and Universal Pictures. Next came the acquisition of French company Vivendi in 2000 that became known as Vivendi Universal following the merger.
A year later, he stepped down from his position and in 2004 completed the acquisition of Warner Music Group.
Bronfman is also a songwriter. He composed ‘To Love You More’, recorded by Celine Dion and “If I Didn't Love You’, recorded by Barbra Streisand.
Bronfman is work £1.64 billion ($AUD2.7billion)
Here is the list Top 20 rich list for the British Entertainment Industry
1. Edgar Bronfman Jr, £1.64b
Chairman and CEO of Warner Music Group
2. Clive Calder, £1.3b
Zomba Records founder
3. Andrew Lloyd-Webber, £700m
Composer
4. Cameron MacKintosh, £635m
Stage show producer
5. Paul McCartney, £475m
Beatle
6, Simon Fuller, £350m
Spice Girls manager, founder of 19 Entertainment
7. Mick Jagger, £190m
Rolling Stone
8. Elton John, £185m
9. Sting, £180m
10. Keith Richards, £175m
Rolling Stone
11. Simon Cowell, £165m
Reality Show creator
12. Olivia Harrison £160m
Widow of George Harrison
13. Jamie Palumbo £150m
Ministry of Sound founder
14. David and Victoria Beckham £145m
Mr and Mrs Spice Girl
15. Tim Rice £140m
composer
16. Ringo Starr £140m
Beatle
17. Tom Jones £135m
18. Eric Clapton £125m
19. Roger Ames £120m
Currently runs Ticketmaster International operation
20. Barry and Robin Gibb £110m
The Bee Gees
