Russell Brand’s Company Posts Multi-Million Profit For Last Tax Year

Caroline Frost

25 December 2023 at 8:21 am·1-min read

Russell Brand’s production company has posted a profit of £5million ($6.35m) in the last tax year, which finished at the end of 2022, nine months before he faced multiple allegations concerning historic sexual assault offences.

The Times newspaper reported that Pablo Diablo’s Legitimate Business Firm, which runs Brand’s productions and live events, saw profits grow 20 percent in 2022, including £4.8m ($6.1m) in cash.

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Records showed that Brand, as sole director of the company, donated £125,000 ($158,700) to the Stay Free Foundation for recovering addicts.

Brand continues to be the subject of various investigations for allegations of rape, sexual assault and emotional abuse. He was the subject of a joint investigation by The Times and Sunday Times newspapers and Channel 4’s Dispatches team, and has been twice interviewed by London’s Metropolitan Police. The BBC is also continuing to investigate five complaints about his past behavior.

He has denied the allegations against him, calling it a mainstream media conspiracy, saying: “Amid this litany of astonishing, rather baroque attacks are some very serious allegations that I absolutely refute.”

Following one high-profile stand-up appearance on the evening the allegations first surfaced, he cancelled the rest of his tour, with refunds offered for tickets previously purchased. While he continues to publish videos on the platform, his ability to earn from it has been curtailed, with YouTube “suspending monetisation” ie advertising, citing his violation of its creator responsibility policy. He also continues to benefit financially through publishing content on Rumble, and also communicates via his own website.

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