Vegas Deal Will Make Madonna a Billionaire
Madonna is poised to become a billionaire thanks to an offer of a five-year performing residency in Las Vegas. The deal, valued at $1 billion, is being brokered by Las Vegas officials looking to give the beleaguered town a boost and restore its tourist traffic, the London Sun reports, and would likely involve appearances at more than one glitzy casino. The arrangement is similar to ones that Celine Dion, Elton John and Cher have had in the past though much more lucrative. Madonna, who is already the fourth highest earning female entertainer in the world, would join Oprah on the very short list of celebrity female billionaires if she decides to sign on the dotted line. The megabucks payment would totally eclipse her previous earnings; in 2007, she signed a ten-year contract worth a measly $125 million with promoter Live Nation.