Simon Cowell ‘earns a jaw-dropping £37M in just one year through his TV appearances and record label’

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Simon Cowell earned an eye-watering £37million in just one year, through his TV appearances and record label, according to new reports.

The 60-year-old media mogul’s company Simco, which oversees his earnings from TV, has reported a profit of £35million – an increase of £10million on the previous financial year, according to The Sun.

His TV empire includes such ratings juggernauts as Britain’s Got Talent and The X Factor, which have also enjoyed success in international formats.And while the global versions of his shows have brought him much success, The Sun reports that his biggest earnings come from the British arm of the TV favourites.

The shows in the UK market reportedly pull in 42 per cent of his earnings, compared to 33 per cent in the US and 21 per cent in the rest of the world.

Meanwhile, it has been revealed that Simon expected to return for the America’s Got Talent finale, six weeks after he broke his back in a horrific electric bike accident.