Simon Cowell is said to have made £90 million thanks to a ‘Got Talent’ deal.
Simon Cowell 'makes 90m in Got Talent franchise deal'
The 62-year-old star has raked in millions ensuring the franchise - which is made in 69 countries - has reach all over the world.
An insider told The Sun newspaper's Bizarre column: “Simon’s decision will give him more time to concentrate on what he enjoys.
"As well as spending time with his family, he loves 'BGT' and its US counterpart 'America’s Got Talent' and he would like to continue appearing on those, being in front of the camera, for years to come.
“This deal means he will continue to make a fortune from the other versions of 'Got Talent' in countries around the globe.”
The deal - which took two years to secure via his production company, Syco Entertainment - is said to be the first of its kind.
Last week, Simon - who has eight-year-old son Eric, with his fiancee Lauren Silverman, 45 - teased he was due to “announce” an exciting project that would launch his professional return.
He said: “I am getting back in the music business with something I'm going to announce soon."
What's more, it was revealed in July that 'X Factor' boss Simon was in advanced talks with Channel 5 about screening a new series of the talent contest - which ran for 15 series and two spin-offs on ITV from 2004 to 2019 - but last weekend he was said to be in the middle of a bidding war with the two networks.
A source told the Daily Star Sunday newspaper: "After Simon Cowell decided to bring 'X Factor' back, he reached advanced talks with Channel 5.
"But now ITV execs have made it very clear they want the show.
"They're trying to convince Simon to ditch channel 5 and go with them instead."
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