bmstinton93 wrote:Obviously I know nothing about his finances but I still struggle to see how he has enough to retire on at 40, especially with the tax he has to pay back.
Well over the last 10 years of his career he's no doubt made around £5m from his BBC salary alone, given that he picked up around £10 from PRS every time he played a jingle which he wrote he's likely made £500k from that alone. Not to mention the 2 books and 2 albums which would have brought in around £2m (at least) in total - then there's his tour which would have raked the monies in (remember he played a LOT of shows to quite a few people each paying £20) and then all his TV work. I'd be surprised if his earnings after tax (lol) over his last 10 years weren't upwards of £6,000,000.
If we suppose that he has been careful with his money & lots of it is making a profit in the form of investment then he's got a lot more than this. Given that Chris has clearly been involved in lots of types of investments/creative accounting, I'd guess that he's likely made around 60% on that, taking it to around £10,000,000. I don't think his lifestyle would warrant a huge portion of that per year (around £150k?) - so I reckon he's got at least £7,000,000 in collateral.
The £400k he'll pay back in taxes will be a dent, but I'm guessing he's covered. If he continues to live a moderately luxury lifestyle (and presuming he owns his house outright - his massive house worth £2m in 2012, probably double now) I'm guessing he'll be covered for 30 years.
HOWEVER - if he ever settles down & has a family, this may change. In fact, I could definitely see that being something which would kick him back in to work.