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Sunday 25 May 2014

The $140m power couple, an iron-clad prenup and why 'cash cow' Kim Kardashian has dollar signs in her eyes (again)

They are set to tie the knot in an 'intimate' fairytale ceremony in in Florence today.
But a few weeks ago - in rather less romantic fashion - Kim Kardashian and Kanye West were still thrashing out the details of their prenuptial agreement, according to TMZ
And that's no mean feat if you consider the celebrity couple is worth an estimated $140 million - Kanye's share being higher than Kim's at $100 million. 
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The happy couple: Kim Kardashian and Kanye West at Versailles on Friday night
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Power play: Kim Kardashian and Kanye West, pictured at Versailles on Friday, reportedly signed a prenuptial agreement a few weeks ago 
Rich list: The couple, pictured here at a luncheon hosted by Valentino in Paris, are worth around $140m
Rich list: The couple, pictured here at a luncheon hosted by Valentino in Paris, are worth around $140m
  

Take the plunge in Kim's stunning Maison Martin Margiela dress

Maison Martin Margiela white gown with plunging neckline
Bespoke (of course)

The celebrity wedding of the century is finally here, and it’s time we all stopped pretending not to be interested and immersed ourselves in unashamed Kimye-watch.
As the biggest power couple of the celebrity world (sorry Beyoncé and Jay-Z) stepped out for their latest pre-wedding engagement, it was all eyes on Kim once again. Taking the plunge in this gorgeous bespoke gown by Maison Martin Margiela, the bride-to-be wore white, teaming it with her favourite gold Tom Ford stilettos and a sweeping up do.
Shortly after the couple emerged from their Parisian apartment, the cult design house tweeted their support: “We are really glad to be a part of your special day. Wishing you all the happiness in the world”. We predict this will be one in a long line of celebrity and designer well-wishers.
As with most of the dresses Kim has worn in the last few days, this billowing white gown is sure to have been created bespoke for the reality star. But, if you're keen to channel her bridal chic this summer, browse our selection of the best white maxi dresses for your own take on the look. Missguided’s tuxedo dress (below) is spot on for a more wearable option.
* PRICES MAY NOT BE AS ADVERTISED

There was, said TMZ, 'a lot to work out' for the couple who are parents to an 11-month-old baby daughter North West, although the negotiations were said to be 'friendly.'
'This is not the mother of all prenups, but it’s going to have to be pretty close,' celebrity divorce lawyer Raoul Felder told The New York Daily News. 'They both have careers that could become more valuable, and each one could claim the other one helped their career.'
Kate Saunders, a Family Law Specialist with Langleys LLP, added to MailOnline: 'It may not be romantic, but it's practical.
'A prenuptial agreement could potentially save them from the financial and emotional cost of protracted proceedings associated with sorting out the financial aspects of a divorce.'
Raking in cash: Kim Kardashian's wedding to Kris Humphries back in 2011 reportedly netted $15 million
Raking in cash: Kim Kardashian's wedding to Kris Humphries back in 2011 reportedly netted $15 million

Indeed 'Kimye' have become something of a brand since the couple got together back in 2012, with Kim appearing in Kanye's video for Bound 2, and the rapper showing up in a handful of Keeping Up With The Kardashians episodes. 
Kanye alone ranked number 59 on Forbes magazine's celebrity 100 list, raking in $20 million in the year leading up to its June 2013 publication. And this was without taking into account the proceeds from his album Yeezus - also released that month - and subsequent tour. 
Despite some sources suggesting Kim's earnings outrank those of her her groom, she still lagged behind Kanye on the list at number 66, making $10 million in 2012 from her reality show and business ventures.
Money spinner: Kim sold her wedding photos to People magazine
Money spinner: Kim sold her wedding photos to People magazine 
The DASH clothing stores which Kim runs with sisters Khloe and Kourtney have become a profitable business and the sisters sell their  Kardashian Kollection clothing line through Sears in the U.S. and Dorothy Perkins in the UK.
Kim also has her own perfume and has made money from endorsing a slew of products from Midori liqueur to Sketchers sneakers.
She can also make thousands from tweeting a business or venture to her 21 million followers, along with hundreds of thousands of dollars for a personal appearance. 
Despite making millions in 2012-2013, Kim's haul was considerably less than the previous annum where her wedding to Kris Humphries reportedly netted her a whopping $18 million. 
A huge chunk of that - around $15 million - is thought to have been gleaned from TV rights which formed part of the family's exclusive deal with E!
The happy couple also bagged $1 million from People magazine for exclusive shots of the occasion, although Kim's 'momager' Kris Jenner went on to insist her daughter hadn't made 'a dime' out of the nuptials.  
Not sharing: Kim announced she will not be letting the cameras in to film her wedding to Kanye
Not sharing: Kim announced via Twitter that she will not be letting the cameras in to film her wedding to Kanye 
The Kimye brand: Kim appeared in Kanye's video for his song Bound 2
The Kimye brand: Kim appeared in Kanye's video for his song Bound 2

WHAT IS A PRE-NUP?

'A pre-nup is an agreement that sets out how a couple's assets should be dealt with in the event of a divorce. 
'Judges are taking increasing notice of them, provided that they are made well in advance of the wedding day.
'The bride and groom must each have independent legal advice and they must disclose full details of all their finances.'
Kate Saunders, Family Law Specialist at Langleys LLP
However, her decision to keep the ceremony with Kanye private will surely see her miss out on some ready cash.
'You will see everything leading up 'til and after!' she tweeted to her fans earlier this month. 'As much as we would love to share these memories on camera, we've decided to keep this close to our heart & share thru photos.'
But with canny business acumen inherited from her 'momager' Kris Jenner, it would be foolish to bet against Kim making the most out of her wedding this time around. 
In fact, a recent report suggested she has been 'cutting deals left and right' in order to minimise expenditure and maximise profits for herself and the rest of the family.
A source told In Touch that the 33-year-old reality star is 'taping everything else so she can get things for free in exchange for the exposure.'
Another insider added: 'They realised how much their wedding was costing, so they told E! they wouldn't allow parts of it to be taped unless the network offered them more than $15 million, which is what Kim got for her wedding to Kris [Humphries].
I'll even be on your show: Kanye appeared on an edition of Kourtney & Kim Take New York before the couple got together
I'll even be on your show: Kanye appeared on an edition of Kourtney & Kim Take New York before the couple got together
Family of three: Kanye and Kim, pictured earlier this week with baby North, 11 months and Kris Jenner
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Family of three: Kanye and Kim, pictured earlier this week with baby North, 11 months and Kris Jenner 
It's a hit: Kanye's last studio album Yeezus hit the number one spot last year
It's a hit: Kanye's last studio album Yeezus hit the number one spot last year
'Her mom couldn't help herself either. Kris is trying to get them another $4 million for their wedding photos.
'Kim made millions off her last wedding on top of everything that was paid for,' the source explained. 'She understands the business of having a televised wedding.'
Despite Kim and Kanye's impressive earning power, they pale in comparison to other 'power couples.'
Last year, Forbes put Kanye's friend and collaborator Jay Z and his wife Beyonce at the top of the celebrity couple list.
The Single Ladies hit-maker and the rapper - who also owns record label Roc Nation - took the crown for the second year running having earned a staggering $95million together in the financial year June 2012 to June 2013.
The couple's tours, businesses and endorsement deals saw them rack up $17million more than last year, according to Forbes statistics. 
Staggering earning power: Beyonce and husband Jay Z, pictured at the Met Gala earlier this month, raked in a whopping $95 million last year, making them number one on the Forbes list
Staggering earning power: Beyonce and husband Jay Z, pictured at the Met Gala earlier this month, raked in a whopping $95 million last year, making them number one on the Forbes list   
The power couple earned $15million more than Gisele Bundchen and her footballer husband Tom Brady who came in second place with combined earnings of $80million.
The supermodel out-earned her partner by $4million as her line of flip-flops with Brazilian label Grendene - in which she owns shares - helped double her wages from last year. 
Meanwhile Angelina Jolie and Brad Pitt earned a hefty $50million despite the fact they do not own any large businesses. 
The couple - who have six children together Shiloh, seven, Maddox, 12, Pax nine, Zahara, eight, and five-year-old twins Knox and Vivienne  - pulled in the majority of their income from film fees while Brad Pitt earned a reported $7million for his Chanel no.5 advert last year.
Power play: Gisele and husband Tom Brady were named the second wealthiest celebrity duo, while Angelina Jolie and fiancé Brad Pitt came third
Power play: Gisele and husband Tom Brady were named the second wealthiest celebrity duo, while Angelina Jolie and fiancé Brad Pitt came third
Power play: Gisele and husband Tom Brady were named the second wealthiest celebrity duo, while Angelina Jolie and fiancé Brad Pitt came third


Read more: http://www.dailymail.co.uk/tvshowbiz/article-2637847/Why-Kim-Kardashian-dollar-signs-eyes-again.html#ixzz32gOG7KSs
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