Simon Cowell and Victoria Beckham are highest earning Brit celebs as businesses raking in £34m each last year

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SIMON Cowell and Victoria Beckham topped the chart of highest-ranking British celebs according to a new global league table.

The pair are joint 12th in the table with an estimated £34million each in annual revenue from their companies.

Simon raked in £34 million last year from his entertainment company Syco

The analysis looked at how much the celebrities earned from the businesses they had launched rather than how much they earn directly from their fame in the entertainment industry.

The music mogul, 60, has been a leader in the music industry for over 40 years and owns his own entertainment company Syco.

HOAR exclusively revealed that Simon is astonishingly walking away from his record label in an eight-figure deal.

Simon confirmed will no longer be involved with Syco Music, having lost acts including Little Mix and One Direction, in recent years.

Victoria is joint 12th as one of the UK’s highest earning celebrities

Simon sold Syco Music to Sony Music in 2005 but remained involved — and now cuts all ties.

He will focus instead on his TV company, Syco Entertainment, which owns The X Factor and the Got Talent shows.

Meanwhile, multi-millionaire fashion designer Victoria, 46, is raking in a fortune with her high-end fashion label – worn by the likes of the Duchess of Sussex and Kim Kardashian

She was criticised in April for using the Government scheme to furlough 25 of her 120 staff, prompting an U-turn.

Victoria is raking in a fortune with her high-end fashion label

The former Spice Girl was also forced to axe 20 staff at her fashion company.

The designer’s business has been hit by Covid-19 — with sales plummeting after the closure of her flagship London store in March.

Despite suffering losses every year since its launch 11 years ago – Victoria is still one of the highest earners in the UK.

The research, published by marketing firm Digitaloft and online betting analysts OLBG, ranked American rapper Dr Dre, 55, at number one.

American rapper Dr Dre topped the global league table at number one

Dre may not have become “the first billionaire in hip-hop” as he promised in 2014, but he is still one of the richest men in the business.

Forbes estimates that Dr Dre’s net worth is somewhere around £608million after he sold his gold-mine headphone company Beats by Dre to Apple in 2014 for $3billion.

Dre originally made his money from his record labels which saw him become a very rich man.

He’s also responsible for bringing the world Eminem and 50 Cent, which helped boost his bank balance considerably.

Kim and Kanye are raking in a fortune with their fashion and cosmetic collections

Dre makes money through his work as a producer, but he also still does some performances from time to time.

Kanye West, 43 comes in second, he earns around £1billion annually from his Yeezy trainers and clothing line.

The Gold Digger rapper also revealed a 10-year collaboration deal between his Yeezy label and high street clothing store GAP. 

He made the exciting announcement on his Twitter page with the words: “YEEZY AND GAP FORM PARTNERSHIP.”

Rihanna netted around £860million a year with her Fenty range

His wife Kim Kardashian, 39, has also raked in a fortune with her beauty range making her £77 million a year.

The KUWTK star lands her a spot in the top ten – the reality star also sold part of her KKW beauty brand to Coty in a $200 million dollar deal.

The cosmetics company now has a 20% stake in the reality star‘s business as well as investing in sister Kylie Jenner’s line last year.

The new deal values Kim’s beauty business – which includes lipsticks, eyeshadows, foundations and powders.

Jessica Alba has her own natural baby products range earning around £295 million a year

Rihanna scooped third place with her Fenty collection of fashion and beauty companies.

The Diamonds singer netted a combined total of around £860million a year.

Several actresses also featured in the top ten.

Jessica Alba, 39, earns around £295million a year as the founder of the Honest Company, which makes natural baby products.

Jessica Simpson now makes £770 million a year from her own clothing collection

Bride Wars actress Kate Hudson, 41, gets £232million from her own line of workout clothes and active wear called Fabletics Sportswear.

Child star twins Mary-Kate and Ashley Olsen turned-designers, both 34, get around £114million from fashion brand The Row.

The Olsen twins launched The Row in 2006, and 14 years later are still managing to turn a profit from their high-priced luxury wares.

Jessica Simpson, 40, who rose to fame as a singer, now makes £770 million a year from her eponymous fashion brand.