Entertainment
The chart-topper earned a massive £32 millionin 2006 from records and touring. But this plummeted to just £269,000 last year, official figures have revealed.
Updated : Nov 21, 2013, 01:44 PM IST
Robbie Williams' fortune seems to be slipping away.
The pop mega-star's earnings have slid by more than £31 million in just three years.
The chart-topper earned a massive £32 millionin 2006 from records and touring. But this plummeted to just £269,000 last year, official figures have revealed.
Williams's firm, The In Good Company Co, saw cash reserves drop from £1.6m in 2008 to £800,000 and profits from £708,000 to £555,000.
And the 36-year-old's music publishing business, Farrell Music, recorded losses of £536,000, while another of his companies, Little Youth, posted a loss of £65,000. Only Robbiewilliams.com recorded a healthy profit of £400,000.
But the cheeky singer is set to pocket a whopping £15m from his reunion with Take That.
And record companies are fighting to sign him after his £80m 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.