Transferred the business to his sister: Konstantin Meladze continues to earn billions in Russia 05/10/2023, 13:45

The star couple made a successful career in Russian show business, thanks to which they managed to acquire luxury real estate near Lake Garda in the Italian resort. In February last year, the couple left Moscow and settled in their foreign residence. The maintenance of a spacious residence with an adjacent territory costs a round sum, but the producer and the singer still cope with it.

Vera Brezhneva is an unknown artist for the European audience and cannot provide the previous level of income that she received from touring Russia and advertising contracts. However, Konstantin can afford to support his family. Meladze receives royalties and has maintained a profitable business in Russia in the form of dividends from the activities of a successful music publishing company.

The producer and composer founded the company “First Musical Publishing House” together with Viktor Drobysh and other partners. The label’s star cast includes Sievert, Eva Polna, Leningrad, Timur Rodriguez and other successful artists. Last year alone, the company earned 1.3 billion rubles with a net profit of 209 million.

After moving abroad, Konstantin fell into disgrace. Sources say he was “requisitioned” by associates from the firm. Vera Brezhnev’s husband, as part of the founders, caused reputational losses, which reflected in profits. However, Meladze found a way out – he transferred his share to his sister Liana.

The woman is far from publicity and the media, but she is considered an experienced businesswoman who knows well how the world of show business works. Konstantin and Valery Meladze have a very close and warm relationship with their sister, she likes to help the brothers in their affairs. The name change is a mere formality, the money remained in the family, reports KP.

The founder of the VIA Gra group also has his own recording company Meladze Music, but he receives more modest income from it. Last year, the company earned 16 million rubles. In Moscow, Vera Brezhneva and Konstantin Meladze have several apartments in elite houses. The couple also have a luxurious house in the suburbs.