Sir Paul McCartney is said to have pocketed £1.5m in just 12 months from investing in growth companies.
The 80-year-old singer, worth £800m, is said to have launched MPL Ventures during the Covid-19 pandemic and has since backed a vegetarian chicken business as well as a music tech start-up behind ABBA’s latest album Voyage . .
A source told The Sun: “Paul is a man of many talents and his new business is bringing in huge profits. He uses the company to invest cash in growing businesses, and it works well.
“It’s bringing in the big bucks!” Sir Paul McCartney has reportedly pocketed £1.5m from investments in a vegetarian chicken business and a music tech start-up (pictured in June 2022)
He has so far used the cash to help TiNDLE, which produces fake chicken in the US, and hopes to bring the product to the UK.
Paul also invested in a UK-based music technology startup called Audoo. These picks may be a little less expensive than the traditional stock market, but they pay dividends to Paul.
MailOnline has contacted Paul’s representatives for comment.
Oops! A source said: “Paul is a man of many talents. He’s using the company to invest cash in growing businesses, and it’s being done very well.” (Pictured in 2019)
It comes after Sir Paul took to Instagram to show off his incredible flexibility while practicing a headstand during a yoga session.
The Beatles legend showed off the impressive move as he claimed it was his “show-off moment” while working out at the gym.
In the photo, the singer used a yoga mat for comfort and was joined by her unimpressed Old English Rose dog.
The rocker wore a white t-shirt to the workout, paired with dark shorts and colorful Nike trainers.
Headstand: After Sir Paul took to Instagram to show off his incredible flexibility during a headstand yoga session.
Sir Paul sweated in front of the TV in the luxurious home he shares with his wife, Nancy Schevel, 62.
“It’s my go-to moment when I’m at the gym… I was once told by a yoga teacher that it keeps you young,” she wrote.
In August, hitmaker Hey Jude shared a photo of himself in another yoga pose alongside his brother-in-law, who died of cancer.
John, who knew Paul for more than 50 years, was the brother of Linda Eastman McCartney, the famous first wife of the Beatles legend, who died in 1998.
Young Buck: The Beatles legend put in an impressive performance as he claimed the move was his “showcase moment in the club”.
“My dear brother, John Eastman, has passed away,” Paul wrote. It is a very sad time for me and our families as we have known each other for over 50 years.
The yoga enthusiast and rock star previously claimed that eye yoga helped her eyesight after first discovering the practice on a trip to India in the late 2000s.
The legendary musician admitted that it can “look a bit weird” but he can read a newspaper without glasses.
“I learned from a yogi in India,” Paul said on the Table Manners podcast with Jesse Ware. “He explained that your eyes are muscles. Your ears aren’t, so you can’t exercise your ears. But your eyes, you can.
Devastated: In August, Hay Jude (right) shared a photo of herself in another yoga pose alongside her late brother-in-law.
Describing some of the exercises, the Beatles legend likened it to the shape of the Union Jack, and continued: “So keep your head up, and then look up as high as you can, one, two, three, back to the middle, Then go down., back to the middle.
You do three of that, then go left and right. Now you have a cross, up and down, and sideways, now you do the diagonals.
Talking about how eye yoga has helped his vision, Paul added: “It all makes sense. I don’t know why I don’t need glasses when reading the newspaper.
The musician also revealed that he created eye yoga instructions for a friend’s daughter that “improved her vision” and kept her from wearing glasses for “a few years.”
Jesse practiced this with Paul joking, “Anyone looking through the window will think we’re crazy. This is a session! It may seem a little strange.
This is not the first time that Paul has praised eye yoga, and in 2009 he was quoted by the Mirror as saying: “When I was in India, there was a man in a hotel who offered to teach me eye yoga exercises.
He told me that muscles are like any other muscles and they need exercise to work properly.
When we spend a lot of time on the computer or TV or reading a book, we only use one set of muscles in our eyes. Yoga gives exercise to others.
Amazing: The yoga enthusiast and rock star previously claimed eye yoga helped her eyesight after first discovering the practice on a trip to India in the late 2000s (pictured with wife Nancy and their rescue dog Rose)