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One Direction's HUGE Paycheck Deemed "Grossly Immoral" By U.K. Politician!

Filed under: AnglophiliaPolitikOne Direction

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Ruh roh!

Who DARE criticize the MILLIONS of dollars One Direction EARNED by seducing the young ladies (and gay boys) of the world with their vanilla tunes and cheeky attitudes?! LOLz!

Well, there IS one who dares…

U.K. Business Secretary Vince Cable is reportedly backpedalling on earlier not-so-nice statements regarding the boyband's $38 million 2012 paycheck!

Cable apparently said that 1D's excessive 2012 earnings were "grossly immoral" and that:

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Madonna Is Making How Much This Year???

Filed under: MadonnaMusic MinuteBusiness Blitz

Madonna Millions Earnings

With a world tour about to kick off, new fragrance and clothing line…one Material Girl is going to be raking in even MORE cash!!!

Reportedly, pop queen Madonna is predicted to make almost $500 million…in just 2012!

The superstar has already earned $240 million from her

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Prada Has Best Year Ever! Profits Skyrocket!

Filed under: Business BlitzPrada

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Business continues to boom for Prada!

According to an earnings report released on Thursday, Prada's profits have soared, boosting a net income increase of a whopping $573.9 million or 72% in the year ending January 31.

Although its wholesale revenue declined 5.2%, retail sales were also up by 38 percent, as the luxury fashion house opened up 75 stores - upping the number of boutiques to 388.

In response to the great news, Prada is set to expand even further this year by adding additional stores, and upgrading current ones.

Congrats Prada, this is fantastic!

Now, can we barrow some money? Ha!

[Image via Ramey Pix.]

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Neiman Marcus' Profits Continue To Grow

Filed under: Business Blitz

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Neiman Marcus has done it again!

After an impressive first quarter, the luxury department store continued to rake in the money for the 2nd quarter ending January 28th.

In an earnings report released on Friday, Neiman's profits have nearly doubled to $40 million, compared to $21.03 million in the same period a year ago.

Wow. The luxury market is where it's at!

[Image via AP Images.]

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Neiman Marcus Isn't Hurting For Money

Filed under: Business Blitz

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Neiman Marcus might as well change their name to Neiman Mar-CASH because they've got lots of it!

The posh retailer reported their net earnings for the first quarter ending October 29th doubled to $48.4 billion compared to a year ago.

Neimans also said sales jumped from $927 million to $1 BILLION.

Dayum.

[Image via AP Images.]

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Michael Jackson's Kids Are Financially Sound … Forever

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But that's to be expected. Their inheriting EVERYTHING from their father's legacy.

There are some celebrities who are no longer with us who ironically have made more dead than they have alive. People like Marilyn Monroe, Albert Einstein and Elvis all rank in Forbes Top-Earning Dead Celebrities, which was released this week, but most of their money goes to "companied" who handle them as a brand. Think Lisa Marie Pressley has ever seen a dime of her father's fortunes in the last few decades? Not a cent!

Seems Michael Jackson knew that his was the case with many celebs and had the foresight to have his post-mordem money to be handled by the people he loved most: his children.

And those kids stand to collect

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Teen Mom Doesn't Want To Spend Her Own Money On Daughter's Clothes!

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This girl is a piece of work, isn't she?

Although Teen Mom's Amber Portwood was reported to have made $280,000 in last year alone, she reportedly doesn't see the need to use some of that on her own child, and is still asking for her mother-in-law's help to buy Leah clothes!

She was reportedly heard saying:

”Her clothes are getting kind of tight. Can you maybe pick up something?”

Wonderful.

Glad to see that all of your legal troubles have helped remind you what a priority your child should be, bb!

Great going!

Thoughts??

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