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.
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Reader Comments (Page 1 of 1)
beanspants Aug 24th 2010 4:54PM
So going from a ten-year contract worth a $125 million in 2007 to a 5 year worth a billion in 2010. Apparently Las Vegas is as good at overvaluing celebrities as they are at overbuilding hotels.
matt Aug 27th 2010 11:15AM
YUK, VEGAS MUST BE ON DRUGS. FIRST THEY SCREW OJ SIMPSON FOR TRYING TO GET HIS BELONGINGS BACK AND NOW THEY HIRE THE BIGGEST BIMBO THEY CAN FIND TO TRY AND GET PEOPLE BACK INTO TOWN. IF THEY FREED OJ TODAY, I WOULD NOT RETURN TO VEGAS AGAIN.
rehawk Aug 29th 2010 12:45AM
To bring the 'material girl' to Vegas is inspired! I am sure that she will be a great draw for which ever hotel is lucky enough to get the booking! Is she worth it, only time will, but it will be the "go to" show when it opens, of that you can be sure. If you are a betting person, that's one you can take to the bank.