DVD sales and sell-out gigs across the world last year resulted in accumulated profits at his two entertainment firms increasing to €517,101.
Tiernan has long been one of Ireland’s most popular — and controversial — comedians and new accounts show that combined cash at the firms at the end of last year totalled €256,640. The accumulated profits at the two firms increased from €489,492 to €517,101 last year — an overall increase of €27,609.
Tiernan’s business was boosted last year by his best-selling Crooked Man DVD which was released in Nov 2011 along with extensive touring.
The Co Galway-based comedian and father of five is currently proceeding with his World Tours of Kilkenny and Carlow and is due to perform at the Lord Bagnal Hotel at Leighlinbridge, Co Carlow tonight.
After his countywide World Tours, Tiernan is due to fly out later this month to Australia and New Zealand for a number of tour dates including two nights at the Sydney Opera House.
The directors of the two Mabinog firms are Tiernan and his wife and manager, Yvonne.
The figures for Mabinog Ltd show that accumulated profits at the firm dipped from €72,593 to €67,169 while the firm’s cash increased more than sixfold from €40,234 to €255,812.
Figures for Tiernan’s other firm, Mabinog Publishing Ltd show that accumulated profits increased at the firm last year from €416,899 to €449,932 — an increase of €33,033.
In an RTÉ interview, Tiernan said: “The money thing doesn’t interest me.”
Tiernan, who spent five to six years on the dole in Galway before earning a living from comedy, said: “I didn’t get into stand-up for the money. I never thought I would earn a living from stand-up.”
Tiernan confirmed that he has made “a fierce amount of money” from stand-up stating that during 2005 to 2010 he made “buckets of it”. Tiernan said he immediately spent the money he earned, summing up his spending spree with: “I enjoyed it.”
He said: “We can’t allow ourselves to become defined by money. If being alive is solely an economic experience, we’re screwed.”
On his love of being a stand-up, Tiernan said: “I think it is a great job. I love it. Getting up in front of people and making them laugh — it’s stunning.”