“Cancelled” brothers receive millions in Russia: Valery and Konstantin Meladze earned record amounts in 14/04/2023, 10:45

Many stars of show business are not only artists, but also entrepreneurs, they have their own companies, various LLCs and individual entrepreneurs, through which they develop activities and generate profit. Companies submit their financial statements for the past year in the spring. Many celebrities have already declared their income.

At first glance, things are developing very badly with Konstantin Meladz after moving to Italy. “VIA Gra” rarely performs, his wife Vera Brezhneva is not in demand as an artist in Europe, brother Valery is also teetering on the edge of complete “cancellation”. However, the producer can still afford to live in style in his luxury home in an elite resort.

His company Meladze Music LLC continues to carry out show business activities in Russia – creating and promoting songs, organizing concerts, producing and so on. Over the past year, the former mentor of the Voice Show earned 16 million rubles from this company alone. This, by the way, is even more than in previous years, when the profit did not exceed 14 million rubles.

Konstantin Shotaevich can be called a successful and far-sighted businessman. He remains a co-founder of the label First Music Publishing House, where Victor Drobysh and other producers act as his partners. Sievert, Leningrad, Eva Polna – these are just a few in-demand artists who bring phenomenal income to music moguls. For example, in 2021, the company’s sales left 1.4 billion rubles.

The concert activity of the producer’s brother in Russia was called into question after the incident in Dubai. However, Valery Meladze is also not in poverty. Extensive touring with a large team on the bottom line does not bring great profits to artists. Company parties are another matter, and Valery Shotayevich still has enough of them. One of the highest-paid artists in Russian show business continues to perform at private parties, anniversaries and weddings in Russia and abroad, reports KP.

In addition, Albina Dzhanabaeva’s husband owns the Vantage real estate agency. The accounting report showed revenues of 30 million rubles for the last year, which was a record for the entire period of the company’s existence.