They may have released their last album in 1970, but The Beatles are still making vast amounts of money every year.
In 2019, the band brought in an eye-watering £50 million – equivalent to a million pounds for each year that the band has not been releasing music.
According to the Mirror, company accounts filed to Apple Records Limited for the year until January show that the band made £50,244,899 over a year.
Raking it in: In 2019, The Beatles earned an eye-watering £50 million – despite not releasing any music since 1970
That figure amounts to the equivalent of £137,657 made by the company per day, which was set up in 1968 by the band to run its business interests.
The company – which doesn’t even own the Beatles back catalogue of songs – then reportedly paid £6.1million each to Sir Paul McCartney, Ringo Starr, John Lennon’s widow Yoko Ono and George Harrison’s widow Olivia.
This figure was made up of £1,417,000 in dividends and £4,719,500 in ‘connection with the provision of promotional services and name and likeness rights’.
Representatives for both Paul and Ringo were approached by MailOnline for comment.
Happy days: Surviving Beatles Ringo Starr and Sir Paul McCartney were directly paid £6.1million each by Apple Corps
From beyond the grave: John Lennon and George Harrison both also continue to earn huge amounts, despite no longer being alive
Apple Corps – which had a long dispute over its name with Apple computers – also made a pre-tax profit of £8,606,191 for the year January.
The company’s joint venture with Cirque du Soleil, which manifested in the theatrical production Love in Las Vegas, is responsible for a large portion of that income.
In the previous year, turnover was only £36.5m with a pre-tax profit £5.5m – and band-members’ shares were worth £3,685,000.
His heir: John Lennon’s widow, Yoko Ono, also earns his share of the takings from Apple Corps (pictured in 2016)
Lucky: George Harrison’s Widow Olivia, pictured with their son Dhani Harrison in 2011, earns George’s share of the jackpot
According to the Sunday Times Rich List, Paul is worth £800m.
This comes during an eventful year for the surviving two Beatles Paul and Ringo.
Paul, 78, was supposed to headline Glastonbury Festival’s 50th anniversary in June, before the event was cancelled amidst the ongoing Covid-19 pandemic.
Meanwhile, Ringo celebrated in his 80th birthday back in July.
Survivors: Despite their advanced age, Ringo, 80, and Paul, 78, both still perform, and 2020 was set to be an eventful year for them before the pandemic struck (pictured together in 2016)
The Beatles icon took the time to visit his Peace and Love sculpture in Beverly Hills, California, to mark the milestone day.
Posing in front of the statue while flashing peace signs of their own, Ringo and Barbara made sure to put safety first as they both wore masks amid the coronavirus pandemic.
The ever-youthful drummer kept it casual as he wore a black t-shirt that had his face printed on the front in a peace and love logo, and finished off the look with a simple jacket and black-and-white jogging bottoms.
Celebrating the big day, Ringo’s fellow Beatles member Sir Paul McCartney took to Instagram to wish him well as he wrote: ‘Happy birthday SIR RICHARD alias RINGO. Have a great day my long time buddy! – Paul.’
Paul then took part in a virtual concert with a plethora of other famous faces to mark his fellow Liverpudlian bandmate’s 80th birthday.
Other stars that appeared at Big Birthday Show will include Sheryl Crow, Gary Clark, Jr., Sheila E, and Ben Harper, while tribute performances will come from Steve Earle, Peter Frampton and Judy Collins.
Speaking to Rolling Stone, Ringo explained: ‘I love birthdays. This year is going to be a little different… We’re putting this show together – an hour of music and chat. It’s quite a big birthday.’
Milestone: Ringo celebrated in his 80th birthday back in July, visiting his Peace and Love sculpture in Beverly Hills to mark the occasion