Simon Cowell's Net Worth: $570 Million Fortune May Go To Charity Instead Of Eric Cowell, According To Reports

Date October 21, 2019 17:38

If you are not new to the world of television the name 'Simon Cowell' would ring any bells. Simon Cowell is well-known as the often stiff-lipped judge on The X Factor and American Idol, but he is a doting father to his son Eric Cowell. The music mogul with his partner Lauren Silverman welcomed their boy in 2014 and this significant event changed Simon's life forever.

But what about Simon Cowell's net worth? How much money does he have each year? And how does he plan to spend it? While his on-screen personality can be abrasive sometimes, it has done little to diminish his earnings.

How much is Simon Cowell's net worth?

In fact, Cowell is one of the highest-paid faces on television. He has reportedly raked in $45 million. His annual salary crosses the $95 million mark, and his net worth stands at $570 million.

Cowell’s company, Syco TV, produces The X Factor, Britain’s Got Talent, and America’s Got Talent. Before that he was a judge on American Idol and at his peak, he earned $33 million.

Simon Cowell on his child's inheritance

With all that money in the bank, it looks like Cowell doesn't plan on leaving any of it for his son, Eric. For him, his legacy to his son is more than money so he wouldn’t have to depend on handouts.

I’m going to leave my money to somebody. A charity, probably — kids and dogs. I don’t believe in passing on from one generation to another. Your legacy has to be that hopefully you gave enough people an opportunity, so that they could do well, and you gave them your time, taught them what you know.

Eric Cowell motivates his father to be better

Simon Cowell reportedly has no plans of retiring and he gives his son Eric credit for it. Speaking in an interview with Extra TV, Simon said he would continue working as long as he can to keep the business together, while Eric learns the ropes.

I actually think it's the best incentive I've ever had to keep everything running as well as I possibly can. I would do with him what my dad did. I would have him start as an intern, learn the job. The idea that one day he could be doing this or something similar, I would love that.

Simon Cowell's Net Worth: $570 Million Fortune May Go To Charity Instead Of Eric Cowell, According To ReportsGetty Images / Ideal Image

If you are wondering whether Eric is anywhere close to being as sarcastic as his father is on TV, you are wrong. Simon said that his son is quite the opposite and very polite. Moreover, the TV personality added that Eric believes that he is already working on the show after he asked him whether he would like to follow in his father's footsteps. Sounds adorable, doesn't it? We are sure, Eric Cowell will be successful in the future even without his dad's money. And what do you think?

READ ALSO: Simon Cowell Reportedly Loses 7 Lbs Following Special Nutrition Advice And Feels More Energized Now

READ ALSO: Animal Lover Simon Cowell Donates Nearly $32,600 To Shut Down Monstrous Korean Dog Meat Farm