How rich is Bob Geldof?
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Bob Geldof Net Worth $150 Million
Bob Geldof has an estimated net worth of $150 million. Produced in Dun Laoghaire and educated at Blackrock College, Geldof will stay a Boomtown Rat along with the man who encouraged us to “feed the world, let them know it’s Christmas time”. After using his popularity to leverage focus and money for starving Africa, the Irishman was fated to be a good guy so it seems only fair he’s worth a few million.
It is not all going his way, though. Wildchild daughter Peaches — who presents the television show OMG! on ITV2 — meanders aimlessly in and from the gossip columns, while Ten Alps, the television production company founded by Geldof in 1999, saw its share price wander down in 2010. The business is currently worth a bit more than 5m, with Geldof’s stake just 250,000. A subsidiary of Ten Alps, Belfast-based Below the Radar, has started The Detail, a news and current affairs site financed by the citizen as well as the American philanthropist Chuck Feeney. Geldof also possesses a one third stake in Castaway Productions, maker of the enormously successful Survivor reality show. As his co-investor, Lord Alli, said of Survivor’s success in 28 nations: “we’re a royalty collection agency. [It’s] a pleasant position to be in.” Fine, really, when Castaway made gains of 3.8m on 7.6m sales in 2009 10, valuing Geldof’s stake at about 20m. He also owned a third of Planet 24 TV. Its sale in 1999 netted Geldof 6m. Geldof invested within an internet vacation business, Deckchair.com, but that was sold for a knockdown 3.2m. With houses in Battersea and Kent and dividends from Ten Alps in the last three years, a 32m valuation is realistic according to Sunday Times Rich List.