The cash pile at the entertainment firm owned The Voice judge and former Westlife member Kian Egan topped €170,000 at the end of its first year in operation.
Demonstrating the Sligo man’s earning power post-Westlife, figures for KJ Rock Ltd show it was sitting on a cash pile of €173,768 at the end of October 2012.
Accounts show the firm recorded a modest loss of €2,693 in the year under review. The chief factor behind the loss was the €174,627 the firm owed to Mr Egan and his wife, Jodi Albert, who also sits on the board, at the end of the period.
Mr Egan is rarely off our TV screens — starring as a judge in RTÉ’s The Voice and recently being crowned ‘King of the Jungle’ in ITV’s blockbuster show I’m a Celebrity — Get Me Out of Here.
Mr Egan has also secured presenter slots in ITV’s The Xtra Factor and This Morning programmes.
Next month will see the release of his debut solo album after the 33-year-old signed a deal with Warner Music last year.
KJ Rock Ltd was only incorporated in February of 2012, four months before Westlife played their final gigs at Croke Park, as Mr Egan prepared for solo professional life.
Westlife was Ireland’s most successful boy band. Last year, Mr Egan added to his coffers when he shared a near €2.4m windfall with other Westlife members.
This followed him and other Westlife members Nicky Byrne and Mark Feehily winding up their company Bluenet Ltd, where they each received between €476,400 and €595,500.
The KJ Rock Ltd accounts show that Limerick-based accountancy firm to the stars, Livewire Business Management Sports and Entertainment, has filed the accounts on behalf of the Egan firm. The firm, headed up by Alan McEvoy, acted for Westlife.
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