This Morning’s Phillip Schofield buys almost £1m of property in CASH after split from wife Stephanie
PHILLIP Schofield has splashed out almost a million in CASH for property after his split from wife Stephanie last year.
The This Morning star, 58, set up a new property firm so he could sink his cash into bricks and mortar, and the company’s first accounts show it has “land and buildings” worth £839,428 on its books.
Schofe – who came out as gay last year with the full support of his partner and family – set up the outfit in March 2019 before moving into a luxury West London pad.
He’s called his new firm Fistral Properties Ltd. His other company that takes in his wages from his telly work is called Fistral Productions Ltd.
But loyal Stephanie is still at the heart of his multi-million TV and business empire.
He runs the new firm with his estranged wife and they both own 50% of the company.
Phil rakes in around £2 million from his presenting jobs, including ITV’s This Morning and Dancing On Ice, and lucrative ads for firms like We Buy Any Car.
And much of his earnings are paid into his firm Fistral Productions Ltd.
Documents sent to Companies House in December show Stephanie, 56, was confirmed as continuing her role as a director of the outfit for another 12 months in December.
Phil is the other director and they both control half of the firm’s shares.
Figures filed in the summer showed it had a bottom line of £2.5 million – with £1.8 in cash for 2019.
Phil also handed over £366,404 in Corporation Tax – a fifth of his income after costs were taken off.
The 58-year-old picks up around £600,000-a-year from hosting This Morning.
The star shot to fame when he fronted Children’s BBC with Gordon the Gopher on weekdays at teatime from 1985 to 1987.
He has also hosted National Lottery Winning Lines, Text Santa, and Schofield’s South African Adventure and is said to be worth around £8 million.
The canny star also has a range of commercial tie-ins.
The dad-of-two has even tried his hand at theatre and took over the leading role in Joseph and the Amazing Technicolour Dreamcoat from Jason Donovan in the West End in the early 90s.
While appearing in Joseph he was approached to record a cover of Close Every Door to be released as a single.
The single was released in December 1992 on Polydor Records and peaked at number 27 on the UK Singles Chart.
The second musical he performed in was the title role of Doctor Dolittle at the Hammersmith Apollo in London in 1998, before touring the UK.