Joel Dommett cashes in on Masked Singer fame as he rakes in £2,500 a DAY
THE Masked Singer’s Joel Dommett rakes in £2,500 a DAY after hitting the big-time as a presenter.
The Sun can reveal the 38-year-old’s private firm funds have doubled in the past year.
It means he’s banked £2.3million over the last 12 months in comparison to £1.4m the year before.
Joel was revealed as The Masked Singer host in 2020 – adding The Masked Dancer to his portfolio the following year.
He’s become an ITV favourite, having found fame on I’m a Celebrity…Get Me Out of Here! in 2016.
He then went on to present the spin-off show I’m a Celebrity: Extra Camp from 2017 to 2019.
Neon Hero – his performing arts firm – has seen its earnings reported in accounts filed today at Companies House.
Neon Hero sitting on £1,108,653 in cash , as well as £980,832 in investments – and £251,916 in monies owed.
After allowing for bills at £257,546 Dommett retained £2,090,625 in profits at his firm, including £814,831 for the year.
The profit for 2023’s more than ten times higher than the £71,096 made in 2022.
One member of staff is reported as being employed, but no pay reported.
Though Dommett borrowed money from his firm – owing £84,971 as at its year end.
The accounts are for the year ended 30 April 2023, and they were signed off by Dommett last month.
Neon Hero was set up in 2012 and is based in Norfolk. It’s the only business so far listed for him on Companies House.
Earlier figures reporting a first trading profit in 2013 at £13,944, six figure earnings in 2017 at £144,973 more than a million by 2019 – with £1,145,941 in earnings, before topping £2.3 million for 2023.