Nadine Coyle’s
£6.7m fortune
April 14th, 2009
BELEFAST
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Girls Aloud singer
Nadine Coyle has
invested her way to
a massive fortune with
reports claiming she is
now worth over £6.7m.
The Londonderry star’s band
currently has an estimated value
of £34m,
making it one of the
richest acts in the UK.
Nadine,
who owns a flat worth £350,000
in north London,
last year skipped the province
for pastures new in America.
To date,
the 25-year-old singer is reported
to have built up a fortune amounting
to £6.7m,
making her the second richest
member of Britain’s most
successful girl band ever.
The tidy sum is the result of a series of wise investments,
including a number of Irish pubs and at least one Mexican restaurant in Los Angeles,
where she now lives.
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She has also reportedly entered the hotel market,
buying run-down LA lodgings for £1m,
which she aims to convert into a boutique hotel and exclusive celebrity hang-out,
bringing her property portfolio to £1.9m.
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It is understood that the Ulster beauty also has ambitions to open a chain of candle stores in the future.
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Girls Aloud are now one of the richest bands in the UK,
together thought to be worth a staggering £34m.
Nadine’s individual collateral is,
however, eclipsed by fellow
band member Cheryl Cole,
who has amassed a major £10m.
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The girl group –—
comprising Nadine,
Cheryl, Sarah Harding,
Nicola Roberts
and Kimberly Walsh —
have a whole string of
advertising deals under
their belts.
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Since they were brought together on ITV’s
Popstars: The Rivals,
they have each made an estimated £3m from music sales alone, as well as £1.8m each from group endorsements.
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These include their ad campaigns for KitKat bar “Senses” and haircare brand Sunsilk.
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Also helping to boost the coffers was the autobiography
Dreams That Glitter: Our Story –
and their contract to promote the Nintendo DS games machine.
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