It's been a rough year for the business man, but at least he has his millions of dollars to ease the pain. 57-year-old Arpad Busson has taken the No. 1 spot on People With Money’s top 10 highest-paid business men for 2020 with an estimated $75 million in combined earnings.
UPDATE 15/08/2020 : This story seems to be false. (read more)
Arpad Busson tops annual list of highest-paid business men
In 2018 it looked like the business man’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Friday (August 14) that Busson is the highest-paid business man in the world, pulling in an astonishing $75 million between July 2019 and July 2020, a nearly $40 million lead over his closest competition.
People With Money’s factors
In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.
The French business man has an estimated net worth of $215 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. He also owns several restaurants (the “Fat Busson Burger” chain) in Paris, a Football Team (the “Paris Angels”), has launched his own brand of Vodka (Pure Wonderbusson - France), and is tackling the juniors market with a top-selling perfume (With Love from Arpad) and a fashion line called “Arpad Busson Seduction”.
The ranking is significant for many Arpad fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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