Robbie"s firm, The In Good Company Co, saw cash reserves drop from 1.6m pounds in 2008 to 800,000 pounds and profits from 708,000 pounds to 555,000 pounds. And the 36-year-old"s music publishing business, Farrell Music, recorded losses of 536,000 pounds, while another of his companies, Little Youth, posted a loss of 65,000 pounds. Only Robbiewilliams.com recorded a healthy profit of 400,000 pounds.
But the cheeky singer is set to pocket a whopping 15m pounds from his reunion with Take That. And record companies are fighting to sign him after his 80m pounds deal with EMI ended. “He once said that he was rich beyond his wildest dreams, but it seems there are some alarming holes emerging in his bank balance, “ the Daily Star quoted a music industry insider as saying.
“But he"s like a cat with nine lives. He"s never going to be down and out for long," the insider added.
London (ANI): Robbie Williams" fortune seems to be slipping away. The pop mega-star"s earnings have slid by more than 31million pounds in just three years. The chart-topper earned a massive 32 million pounds in 2006 from records and touring. But this plummeted to just 269,000 pounds last year, official figures have revealed.