Adele boosts fortune by £11.5m in just one year after releasing latest album

She has been in high demand since releasing her fifth studio album, 30, in 2021.

And Adele appears to have made quite a bit of profit with the hit album as she increased her fortune by £11.5million last year.

The 24-year-old hitmaker’s profits have been catapulted between 2020 and 2021, with the latter seeing his business with reserves of nearly £15m, according to account statements.

Statements from Adele’s company, Melted Stone Ltd, show her net assets stood at £14,940,260 in December 2021, a massive jump from £3,566,954 the previous year.

And the booming profit comes as no shock, as it was the same year the musician released her new album, titled 30.

Including hits such as Easy On Me, first week album sales totaled 261,000.30 and was the biggest first week for an album during the year, also becoming one of the best-selling albums in the world that year.

And the huge profits don’t seem to have gone to waste either, as Adele bought a lavish new home for £47million earlier this year.

The mega-mansion is 8,587 square feet and is located in Los Angeles’ Hidden Valleys, with the singer sharing the abode with her boyfriend Rich Paul.

Following the consequences of the Covid-19 pandemic, which suspended live music, Adele’s company A Adkins Touring Ltd, which handles her live music, made a loss,

But the business is believed to have exploded this year following the start of his Las Vegas residency last month.

Adele finally kicked off her long-awaited Las Vegas residency at The Colosseum at Caesars Palace in November.

The singer tearfully canceled her planned concerts at the last minute in January, but managed to launch it 10 months late with a 20-song set for a crowd of nearly 4,100 with barely a problem.

The spectacular show saw rains, a lit piano on a waterbed and Adele shooting T-shirts around the auditorium with a plastic gun.

Another profit appears to be on the way for this year, as she is said to earn around £800,000 per night for the 32-night run.

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