Belfast Telegraph

So just how wealthy is BBCs Stephen Nolan?

He may not have made it onto Ireland’s Rich List but BBC presenter Stephen Nolan is certainly in the money.

New figures from Companies House reveal that his firm —Stephen Nolan Broadcasting — has cash reserves of just under £700,000.

The Radio Ulster and 5 Live star has always been tightlipped about his BBC earnings.

Despite being funded by the taxpayer, the BBC has also refused to provide details of how it pays Nolan and its other big hitters.

But the filed accounts — unearthed by Sunday Life — show the company of which Nolan is sole director and secretary increased its cash funds by more than £300,000 in the last year.

The firm’s banked cash rose from £388,349 in 2010 to £694,683. His net assets are £603,805 — a hike of £212,065 on 2010 — while the turnover was £603,805.

Stephen Nolan was unavailable for comment last night.

The 38-year-old lives in a £1m purpose built home on the shores of Strangford Lough, which he often refers to on his shows as Fantasy Island.

He is one of a host of big Northern Ireland names who have formed their own companies.

It is a shrewd move as firms can pay less tax than an individual.

Others include Eamonn Holmes, Gloria Hunniford, Zoe Salmon and Manchester United player Jonny Evans

And Newtownards TV star Christine Bleakley is also laughing all the way to the bank.

The Dancing on Ice host has net current assets of £618,000 including £529,115 in the bank, according to accounts for her firm Chrisola Entertainment.

Belfast Telegraph


From Belfast Telegraph