World renowned singer George Michael has passed away this Christmas at the age of 53. The singer’s family announced the news in a statement reading: “It is with great sadness that we can confirm our beloved son, brother and friend George passed away peacefully at home over the Christmas period.The family would ask that their privacy be respected at this difficult and emotional time. There will be no further comment at this stage.”
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Michael was among the best-selling British singers of all times, winning countless awards and selling over 100 million records worldwide. From his Live tour alone he earned a total of £48,499,893 from April 2006 to March 2008, according to his accounts, or as the Telegraph put it: “£1.6 million for one hour’s work.”
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He was listed as the 21st richest musician in the UK in the Sunday Times Rich List 2015 with an estimated net worth of £105 million. Another estimate put his net worth at $200 million, this according to Celebrity Net Worth.
In 2014 his name was linked in the UK press to an alleged £1.2 billion tax avoidance case as an investor, along with many other British celebrities, through a scheme called Liberty.