Simon Cowell net worth: Simon Cowell is a British music executive and television producer who has a net worth of $550 million. Simon Cowell was born in Lambeth, London, England on October 7, 1959. When you total up all of Simon's various business venture incomes, his annual salary regularly exceeds $95 million. After a smattering of odd jobs in his youth, Simon went to work for his father, Eric Philip Cowell, who was an executive at EMI Music Publishing. Initially starting out in the mail room, Simon worked his way up at the company before leaving to form his own label, E&S Music. He then went work at a company called Fanfare Records for eight years until its parent company was sold to BMG. Cowell then formed another label of his own called S-Records.
Interestingly, Simon Cowel and S-Records first major success did not come from music artists, but from novelty releases based on popular television series such as The Wiggles and Mighty Morphin Power Rangers. In 2001, Cowell became a judge on the British television reality show Pop Idol, which in turn spawned a worldwide franchise now seen in over 100 countries. As we all know, Cowell eventually moved on to judge Pop Idol spin-off American Idol where he earned a peak salary at $33 million per season. Cowell uses his newest label, Syco, as a platform to release records from the talent seen on its sister company, Syco TV, which produces television shows The X Factor, Britain's Got Talent and its subsequent licensed sister show, America's Got Talent. Thanks to his various endeavors in music and television, Cowell has been known to bring home $95 million per year in earnings. 2010 was Cowell's final year as a host of American Idol, and now he hosts his own show, The X Factor.