• Footballer Lionel Messi poses with schoolchildren in front of the Surreal water feature at Expo 2020 Dubai. All photos: Expo 2020 Dubai
    Footballer Lionel Messi poses with schoolchildren in front of the Surreal water feature at Expo 2020 Dubai. All photos: Expo 2020 Dubai
  • Lionel Messi visits the UAE pavilion, Argentina Pavilion, Garden in the Sky and the Surreal water feature at Expo 2020.
    Lionel Messi visits the UAE pavilion, Argentina Pavilion, Garden in the Sky and the Surreal water feature at Expo 2020.
  • Lionel Messi visits the Garden in the Sky.
    Lionel Messi visits the Garden in the Sky.
  • Lionel Messi and Sheikh Nahyan bin Mubarak, Minister of Tolerance and Coexistence, Commissioner General, third left, front row.
    Lionel Messi and Sheikh Nahyan bin Mubarak, Minister of Tolerance and Coexistence, Commissioner General, third left, front row.
  • Lionel Messi signs the visitors book at the UAE pavilion.
    Lionel Messi signs the visitors book at the UAE pavilion.
  • Lionel Messi and Noura Al Kaabi, Minister of Culture and Youth.
    Lionel Messi and Noura Al Kaabi, Minister of Culture and Youth.
  • Lionel Messi visits the Argentina Pavilion.
    Lionel Messi visits the Argentina Pavilion.

Celebrity Net Worth: Lionel Messi seals $20m crypto deal


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Lionel Messi

Argentine football star Lionel Messi has joined digital fan token creator Socios.com as its global brand ambassador. The Paris St-Germain and Argentine forward will promote the digital experience community to his 400 million followers over the next three years under the $20 million deal.

Messi, whose move from Barcelona in August included a cryptocurrency payment, will be involved in a publicity and promotion campaign for Socios in the build-up to the Qatar World Cup, which starts in November, Reuters reported. He becomes the latest athlete to enter the cryptocurrency world after NFL quarterback Tom Brady and NBA star LeBron James.

The deal does not include cryptocurrency payments to Messi.

“Since I played my first professional game, the passion of the fans has been a driving force that has helped inspire me to be my very best. Fans deserve to be recognised for their support. They deserve opportunities to influence the teams they love,” Messi said.

“Socios.com exists to enhance the fan experience, to enable fans to ‘be more’. I’m proud to join Socios.com’s mission to create a more connected and rewarding future for fans around the world.”

With an estimated 1.2 million users, Socios sells virtual tokens that allow sports fans to vote on club matters such as what to name a training ground. There are tokens for more than 130 sports and Socios has signed deals with a range of clubs, including Arsenal, Barcelona, Juventus and Manchester City.

Since I played my first professional game, the passion of the fans has been a driving force that has helped inspire me to be my very best
Lionel Messi,
footballer

Messi’s net worth has been estimated at $600m after career earnings in excess of $1 billion. He is thought to have earned a combined total salary of about $875m over his 21 years at FC Barcelona. A contract leak last year showed that Messi was able to earn up to $165m a year in salary, image rights and incentives.

Forbes magazine estimates that he earned $130m in 2021, second only to mixed-martial-arts star Conor McGregor.

Although football provides the major portion of Messi's income, endorsing companies such as Pepsi, Turkish Airlines and Adidas adds to his earnings. He has his own clothing line and opened his first retail outlet, the Messi Store, in 2019 in Barcelona.

Messi is also thought to own a sizeable real estate portfolio, with a home in Barcelona’s upmarket Castelldefels suburb, at least two homes in Rosario, Argentina, six properties in Italy, and a hotel worth €30m ($32.6m) in the Spanish tourist town of Sitges.

Musician The Weeknd has been adding to his property portfolio. AP
Musician The Weeknd has been adding to his property portfolio. AP

The Weeknd

Musicians everywhere are trading in virtual property assets such as NFTs, but one R&B star has been busy building a real-life real estate portfolio. The Weeknd, 32, now has a net worth of $600m, in part due to his property purchases, according to the Wall Street Journal.

The paper cited a source with knowledge of the musician’s finances.

Online, the Journal’s $600m figure is disputed, with alternative estimates of The Weeknd’s net worth ranging between $200m and $300m.

But the musician, whose real name is Abel Tesfaye — has a diverse range of income streams, including music production, investments and property.

Last week, he took part in a $5m seed-funding round in personalised song creation start-up Songfinch, alongside fellow musicians Quincy Jones and Amala “Doja Cat” Dlamini. The round was led by Chicago-based venture fund Corazon Capital.

The Weeknd’s investment comes after an earlier disbursement in Songfinch last July, when he took part in a $2m funding round.

In total, he has also invested in at least seven companies, according to investor intelligence platform Crunchbase.

Last year, he joined Salesforce founder, chairman and chief executive Marc Benioff in a $225m series D funding round in Forward Health. The San Francisco-based start-up offers preventive care using advanced medical technology such as biometric body scans and genetic and blood tests. The funding round resulted in the company being valued at $1bn, according to Reuters.

“I invested in Forward Health because I walked into the Los Angeles location and couldn’t believe what I saw: a state-of-the-art facility that looked like the exact opposite of what you would expect to see in a typical doctor’s office — with no waiting room and everyone being seen straight away,” The Weeknd said.

His other investments include gaming company Backbone, social media marketplace Pearpop and remittance start-up Pomelo.

The Weeknd's principal source of income is his music. Having begun his career releasing tracks anonymously on YouTube, he has released five studio albums since 2013 and played six tours. He has since accumulated US sales of 13.5 million album units and 98 million digital single units, according to the Recording Industry Association of America.

In 2017, Forbes estimated his annual earnings at $92m. He scaled back his concert schedule in 2018, with only six shows in Asia and festivals such as Lollapalooza.

The Weeknd returns to the road with his first global stadium tour this year, beginning with a 19-stop tour across Canada and the US in the summer, with additional dates for Latin America, Asia, Europe, Australia, New Zealand, Africa and the Middle East to be announced soon.

Outside of music sales and tours, he is a music producer and co-founder of the XO record label.

The Weeknd has endorsed a wide range of brands, including Apple Music, H&M and Puma. He has previously collaborated with Marvel and has his own fashion label, also called XO.

In August, he bought a home worth about $70m in the Los Angeles district of Bel Air. In January, the Blinding Lights singer listed his penthouse at the ultra-luxury Beverly West condominium in Los Angeles for $22.5m. He purchased the four-bedroom, 8,000 square foot home in 2019 for $21m.

The same year, he also bought a mansion worth about $11m for his mother and signed the deposit cheque as “The Weeknd”.

In 2017, the Canadian star paid $18.2m for a 1,170-square-metre (12,600 square foot) property in the gated community of Hidden Hills, California. He put it on the market in 2020, finally selling the seven-bedroom home to pop star Madonna for $19.3m last April.

Brooklyn Beckham and Nicola Peltz reportedly signed a prenuptial agreement before their wedding at the weekend. Getty
Brooklyn Beckham and Nicola Peltz reportedly signed a prenuptial agreement before their wedding at the weekend. Getty

Nicola Peltz

Actor Nicola Peltz is reported to have signed a prenuptial agreement with chef and former footballer Brooklyn Beckham before their wedding on Saturday at her father’s home in Palm Beach, Florida.

The agreement protects the assets and finances of each partner in the event of a divorce. While Beckham is thought to have a net worth of $10m, his new wife is estimated to have five times that amount in net assets. Pletz's wealth comes principally from her modelling and acting career, including an appearance in Transformers: Age of Extinction and The Last Airbender.

She is also the daughter of billionaire activist investor Nelson Peltz, founder of investment company Trian Fund Management. The fund has $8.5bn in assets under management, according to Forbes.

Her brother, Will Peltz, is also an actor. By contrast, Beckham’s parents, British celebrity couple David and Victoria, are estimated to have a combined net worth of £380m ($498m).

The couple is understood to have few joint assets. In March, they sold their five-bedroom home in Beverly Hills for $11m, according to Hello magazine. They are reportedly scouting for a new home in Miami, where Beckham's parents own a $24m penthouse.

Actress Gwyneth Paltrow has invested in Evernow, a telehealth company that provides personalised treatments for menopausal and perimenopausal women. AP
Actress Gwyneth Paltrow has invested in Evernow, a telehealth company that provides personalised treatments for menopausal and perimenopausal women. AP

Gwyneth Paltrow

Actor Gwyneth Paltrow has made a name for herself as a retailer of controversial feminine hygiene products through her Goop website. Now, she has linked up with Drew Barrymore, Cameron Diaz, Carla Harris and others to invest in Evernow, a telehealth company that provides personalised prescription treatments and clinicians for menopausal and perimenopausal women.

The $28.5m series A funding round will be used to expand the team, enrol new members and strengthen product development.

Paltrow, 49, has invested in a dozen different companies, including The Expert, an online interior design consultation platform, and health beverage brand Olipop. In December, she participated in a $200m debt and equity financing round for TeraWulf, a crypto mining company that aims to produce Bitcoin using 100 per cent zero-carbon energy.

She is estimated to have a net worth of $150m, according to wealth tracking website Celebrity Net Worth.

  • Brad Pitt and Gwyneth Paltrow, in a white satin blazer, attend the 'Living in Oblivion' premiere on July 12, 1995 at the Royal Theatre in Los Angeles, California. Getty Images
    Brad Pitt and Gwyneth Paltrow, in a white satin blazer, attend the 'Living in Oblivion' premiere on July 12, 1995 at the Royal Theatre in Los Angeles, California. Getty Images
  • Gwyneth Paltrow, in jeans and a leather jacket, and Brad Pitt attend the premiere of 'Copycat' in Los Angeles, California, on October 19, 1995. Getty Images
    Gwyneth Paltrow, in jeans and a leather jacket, and Brad Pitt attend the premiere of 'Copycat' in Los Angeles, California, on October 19, 1995. Getty Images
  • Gwyneth Paltrow, in Donna Karan, attends the premiere of 'Great Expectations' in Los Angeles, California, on January 20, 1998. Getty Images
    Gwyneth Paltrow, in Donna Karan, attends the premiere of 'Great Expectations' in Los Angeles, California, on January 20, 1998. Getty Images
  • Gwyneth Paltrow, in Giorgio Armani, and Hillary Clinton attend the 'Shakespeare in Love' premiere at the Ziegfeld Theatre in New York, US, on December 3, 1998. Getty Images
    Gwyneth Paltrow, in Giorgio Armani, and Hillary Clinton attend the 'Shakespeare in Love' premiere at the Ziegfeld Theatre in New York, US, on December 3, 1998. Getty Images
  • Gwyneth Paltrow, in a taffeta skirt and cardigan, attends the 56th annual Golden Globe Awards on January 24, 1999 in Beverly Hills, California. Getty Images
    Gwyneth Paltrow, in a taffeta skirt and cardigan, attends the 56th annual Golden Globe Awards on January 24, 1999 in Beverly Hills, California. Getty Images
  • Gwyneth Paltrow, in Ralph Lauren, arrives at the 71st annual Academy Awards on March 21, 1999 in Los Angeles, California. Getty Images
    Gwyneth Paltrow, in Ralph Lauren, arrives at the 71st annual Academy Awards on March 21, 1999 in Los Angeles, California. Getty Images
  • Gwyneth Paltrow, in a pale blue slip dress, arrives at the sixth annual Screen Actors Guild Awards on March 12, 2000 in Beverly Hills, California. Getty Images
    Gwyneth Paltrow, in a pale blue slip dress, arrives at the sixth annual Screen Actors Guild Awards on March 12, 2000 in Beverly Hills, California. Getty Images
  • Gwyneth Paltrow, in a silky relaxed two-piece, attends a Miramax pre-Oscar party in Beverly Hills, California, on March 25, 2000. Getty Images
    Gwyneth Paltrow, in a silky relaxed two-piece, attends a Miramax pre-Oscar party in Beverly Hills, California, on March 25, 2000. Getty Images
  • Gwyneth Paltrow, in Calvin Klein, arrives at the 72nd annual Academy Awards on March 26, 2000 in Los Angeles, California. Getty Images
    Gwyneth Paltrow, in Calvin Klein, arrives at the 72nd annual Academy Awards on March 26, 2000 in Los Angeles, California. Getty Images
  • Gwyneth Paltrow, in a strapless LBD and pashmina, attends the premiere of 'Bounce' on November 15, 2000 at the Ziegfeld Theatre in New York, US. Getty Images
    Gwyneth Paltrow, in a strapless LBD and pashmina, attends the premiere of 'Bounce' on November 15, 2000 at the Ziegfeld Theatre in New York, US. Getty Images
  • Gwyneth Paltrow, in a simple shirt and trousers, arrives for the premiere of 'Snatch' on January 18, 2001 in Hollywood, California. Getty Images
    Gwyneth Paltrow, in a simple shirt and trousers, arrives for the premiere of 'Snatch' on January 18, 2001 in Hollywood, California. Getty Images
  • Stella McCartney and Gwyneth Paltrow, in a black cold-shoulder dress, attend a gala to celebrate the clothes of Jacqueline Kennedy on April 23, 2001 at the Metropolitan Museum of Art in New York, US. Getty Images
    Stella McCartney and Gwyneth Paltrow, in a black cold-shoulder dress, attend a gala to celebrate the clothes of Jacqueline Kennedy on April 23, 2001 at the Metropolitan Museum of Art in New York, US. Getty Images
  • Gwyneth Paltrow, in Valentino, and Valentino Garavani attend the opening ceremony of the 59th Venice Film Festival on August 29, 2002 in Venice, Italy. Getty Images
    Gwyneth Paltrow, in Valentino, and Valentino Garavani attend the opening ceremony of the 59th Venice Film Festival on August 29, 2002 in Venice, Italy. Getty Images
  • Gwyneth Paltrow, in a ruffled LBD, attends the 28th annual Deauville Film Festival on September 3, 2002 in Deauville, France. Getty Images
    Gwyneth Paltrow, in a ruffled LBD, attends the 28th annual Deauville Film Festival on September 3, 2002 in Deauville, France. Getty Images
  • Gwyneth Paltrow, in a strapless black midi, attends the BFI London Film Festival closing gala at the Odeon Leicester Square on November 6, 2003 in London, England. Getty Images
    Gwyneth Paltrow, in a strapless black midi, attends the BFI London Film Festival closing gala at the Odeon Leicester Square on November 6, 2003 in London, England. Getty Images
  • Gwyneth Paltrow, in Vivienne Westwood, and Jude Law arrive at the premiere of 'Sky Captain and the World of Tomorrow' at the Empire Leicester Square on September 27, 2004 in London, England. Getty Images
    Gwyneth Paltrow, in Vivienne Westwood, and Jude Law arrive at the premiere of 'Sky Captain and the World of Tomorrow' at the Empire Leicester Square on September 27, 2004 in London, England. Getty Images
  • Gwyneth Paltrow, in a tweed two-piece, attends a photo call at Hotel Hesperia on November 11, 2004 in Madrid, Spain. Getty Images
    Gwyneth Paltrow, in a tweed two-piece, attends a photo call at Hotel Hesperia on November 11, 2004 in Madrid, Spain. Getty Images
  • Gwyneth Paltrow, in a cap-sleeved black dress, arrives at the premiere of 'Proof' at the Odeon West End on October 22, 2005 in London, England. Getty Images
    Gwyneth Paltrow, in a cap-sleeved black dress, arrives at the premiere of 'Proof' at the Odeon West End on October 22, 2005 in London, England. Getty Images
  • Gwyneth Paltrow, in Stella McCartney, attends the launch party of Stella McCartney's collaboration with H&M at St Olave's House on October 25, 2005 in London, England. Getty Images
    Gwyneth Paltrow, in Stella McCartney, attends the launch party of Stella McCartney's collaboration with H&M at St Olave's House on October 25, 2005 in London, England. Getty Images
  • Gwyneth Paltrow, in velvet boots and a silk dress, arrives at the premiere of 'I'm Going to Tell You a Secret' at the Chelsea Cinema on November 29, 2005 in London, England. Getty Images
    Gwyneth Paltrow, in velvet boots and a silk dress, arrives at the premiere of 'I'm Going to Tell You a Secret' at the Chelsea Cinema on November 29, 2005 in London, England. Getty Images
  • Gwyneth Paltrow, in Zac Posen, arrives for the 79th annual Academy Awards at the Kodak Theatre in Hollywood, California, on February 25, 2007. EPA
    Gwyneth Paltrow, in Zac Posen, arrives for the 79th annual Academy Awards at the Kodak Theatre in Hollywood, California, on February 25, 2007. EPA
  • Gwyneth Paltrow, in Stella McCartney, attends a photo call at the Ritz-Carlton on April 22, 2008 in Berlin, Germany. Getty Images
    Gwyneth Paltrow, in Stella McCartney, attends a photo call at the Ritz-Carlton on April 22, 2008 in Berlin, Germany. Getty Images
  • Gwyneth Paltrow, in Sonia Rykiel, attends the premiere for 'Iron Man' at the Cinemaxx on April 22, 2008 in Berlin, Germany. Getty Images
    Gwyneth Paltrow, in Sonia Rykiel, attends the premiere for 'Iron Man' at the Cinemaxx on April 22, 2008 in Berlin, Germany. Getty Images
  • Gwyneth Paltrow, in Preen, attends the 'Iron Man' premiere at Warner Moderno Cinema on April 23, 2008 in Rome, Italy. Getty Images
    Gwyneth Paltrow, in Preen, attends the 'Iron Man' premiere at Warner Moderno Cinema on April 23, 2008 in Rome, Italy. Getty Images
  • Gwyneth Paltrow, in Chanel, attends the 'Two Lovers' premiere at the Palais des Festivals during the 61st International Cannes Film Festival on May 19, 2008 in Cannes, France. Getty Images
    Gwyneth Paltrow, in Chanel, attends the 'Two Lovers' premiere at the Palais des Festivals during the 61st International Cannes Film Festival on May 19, 2008 in Cannes, France. Getty Images
  • Gwyneth Paltrow, in Antonio Berardi, arrives at the 'Two Lovers' premiere on November 4, 2008 in Paris, France. Getty Images
    Gwyneth Paltrow, in Antonio Berardi, arrives at the 'Two Lovers' premiere on November 4, 2008 in Paris, France. Getty Images
  • Gwyneth Paltrow, in jeans and a blazer, attends the Stella McCartney show as part of Paris Womenswear Fashion Week at Palais de Tokyo on October 5, 2009 in Paris, France. Getty Images
    Gwyneth Paltrow, in jeans and a blazer, attends the Stella McCartney show as part of Paris Womenswear Fashion Week at Palais de Tokyo on October 5, 2009 in Paris, France. Getty Images
  • Gwyneth Paltrow, in Donna Karan, attends the Mamounia hotel inauguration on November 26, 2009 in Marrakech, Morocco. Getty Images
    Gwyneth Paltrow, in Donna Karan, attends the Mamounia hotel inauguration on November 26, 2009 in Marrakech, Morocco. Getty Images
  • Gwyneth Paltrow, in Elie Saab, arrives at the Laureus World Sports Awards at Emirates Palace Hotel on March 10, 2010 in Abu Dhabi, UAE. Getty Images
    Gwyneth Paltrow, in Elie Saab, arrives at the Laureus World Sports Awards at Emirates Palace Hotel on March 10, 2010 in Abu Dhabi, UAE. Getty Images
  • Gwyneth Paltrow, in Prada, attends the National Movie Awards at Royal Festival Hall on May 26, 2010 in London, England. Getty Images
    Gwyneth Paltrow, in Prada, attends the National Movie Awards at Royal Festival Hall on May 26, 2010 in London, England. Getty Images
  • Gwyneth Paltrow, in Stella McCartney, attends the Met Gala at the Metropolitan Museum of Art in New York, US, on May 2, 2011. EPA
    Gwyneth Paltrow, in Stella McCartney, attends the Met Gala at the Metropolitan Museum of Art in New York, US, on May 2, 2011. EPA
  • Gwyneth Paltrow, in Prada, poses at a photo call during the 68th Venice Film Festival at the Palazzo del Cinema on September 3, 2011 in Venice, Italy. Getty Images
    Gwyneth Paltrow, in Prada, poses at a photo call during the 68th Venice Film Festival at the Palazzo del Cinema on September 3, 2011 in Venice, Italy. Getty Images
  • Gwyneth Paltrow, in Prada, attends the 'Contagion' premiere during the 68th Venice Film Festival at Palazzo del Cinema on September 3, 2011 in Venice, Italy. Getty Images
    Gwyneth Paltrow, in Prada, attends the 'Contagion' premiere during the 68th Venice Film Festival at Palazzo del Cinema on September 3, 2011 in Venice, Italy. Getty Images
  • Gwyneth Paltrow, in Elie Saab, attends the Bambi Awards at the Rhein-Main-Hallen on November 10, 2011 in Wiesbaden, Germany. Getty Images
    Gwyneth Paltrow, in Elie Saab, attends the Bambi Awards at the Rhein-Main-Hallen on November 10, 2011 in Wiesbaden, Germany. Getty Images
  • Gwyneth Paltrow, in Tom Ford, arrives for the 84th annual Academy Awards at the Hollywood and Highland Centre in Hollywood, California, on February 26, 2012. EPA
    Gwyneth Paltrow, in Tom Ford, arrives for the 84th annual Academy Awards at the Hollywood and Highland Centre in Hollywood, California, on February 26, 2012. EPA
  • Gwyneth Paltrow, in Louis Vuitton, attends a Louis Vuitton party as part of Paris Fashion Week at the Musee des Arts Decoratifs on March 7, 2012 in Paris, France. Getty Images
    Gwyneth Paltrow, in Louis Vuitton, attends a Louis Vuitton party as part of Paris Fashion Week at the Musee des Arts Decoratifs on March 7, 2012 in Paris, France. Getty Images
  • Gwyneth Paltrow, in Prada, arrives for the Met Gala at the Metropolitan Museum of Art in New York, US, on May 7, 2012. EPA
    Gwyneth Paltrow, in Prada, arrives for the Met Gala at the Metropolitan Museum of Art in New York, US, on May 7, 2012. EPA
  • Gwyneth Paltrow, in Hugo Boss, presents the new Boss Nuit Pour Femme perfume at the Neptuno Palace on October 29, 2012 in Madrid, Spain. Getty Images
    Gwyneth Paltrow, in Hugo Boss, presents the new Boss Nuit Pour Femme perfume at the Neptuno Palace on October 29, 2012 in Madrid, Spain. Getty Images
  • Gwyneth Paltrow, in Erdem, attends the premiere of 'Iron Man 3' at the Grand Rex theatre in Paris, France, on April 14, 2013. EPA
    Gwyneth Paltrow, in Erdem, attends the premiere of 'Iron Man 3' at the Grand Rex theatre in Paris, France, on April 14, 2013. EPA
  • Gwyneth Paltrow, in Dior, attends a photo call at The Dorchester on April 17, 2013 in London, England. Getty Images
    Gwyneth Paltrow, in Dior, attends a photo call at The Dorchester on April 17, 2013 in London, England. Getty Images
  • Gwyneth Paltrow, in Valentino, attends the Met Gala at the Metropolitan Museum of Art in New York, US, on May 6, 2013. EPA
    Gwyneth Paltrow, in Valentino, attends the Met Gala at the Metropolitan Museum of Art in New York, US, on May 6, 2013. EPA
  • Gwyneth Paltrow, in Prada, at Printemps Haussmann on November 7, 2013 in Paris, France. Getty Images
    Gwyneth Paltrow, in Prada, at Printemps Haussmann on November 7, 2013 in Paris, France. Getty Images
  • Gwyneth Paltrow, in Prada, attends the British Fashion Awards at London Coliseum on December 2, 2013 in London, England. Getty Images
    Gwyneth Paltrow, in Prada, attends the British Fashion Awards at London Coliseum on December 2, 2013 in London, England. Getty Images
  • Gwyneth Paltrow, in Prada, arrives for the 49th annual Goldene Kamera awards at Flughafen Tempelhof in Berlin, Germany, on February 1, 2014. EPA
    Gwyneth Paltrow, in Prada, arrives for the 49th annual Goldene Kamera awards at Flughafen Tempelhof in Berlin, Germany, on February 1, 2014. EPA
  • Gwyneth Paltrow, in Lanvin, arrives for the premiere of 'Mortdecai' at the TCL Chinese Theatre in Los Angeles, California, on January 21, 2015. EPA
    Gwyneth Paltrow, in Lanvin, arrives for the premiere of 'Mortdecai' at the TCL Chinese Theatre in Los Angeles, California, on January 21, 2015. EPA
  • Gwyneth Paltrow, in Ralph & Russo, arrives for the 87th annual Academy Awards at the Dolby Theatre in Hollywood, California, on February 22, 2015. EPA
    Gwyneth Paltrow, in Ralph & Russo, arrives for the 87th annual Academy Awards at the Dolby Theatre in Hollywood, California, on February 22, 2015. EPA
  • Gwyneth Paltrow, in Marc Jacobs, arrives at the amfAR Hong Kong gala at Shaw Studios on March 14, 2015 in Hong Kong. Getty Images
    Gwyneth Paltrow, in Marc Jacobs, arrives at the amfAR Hong Kong gala at Shaw Studios on March 14, 2015 in Hong Kong. Getty Images
  • Gwyneth Paltrow, in Valentino, attends the Valentino show at Piazza Mignanelli on July 9, 2015 in Rome, Italy. Getty Images
    Gwyneth Paltrow, in Valentino, attends the Valentino show at Piazza Mignanelli on July 9, 2015 in Rome, Italy. Getty Images
  • Gwyneth Paltrow, in Gucci, arrives for the Los Angeles County Museum of Art Art + Film Gala in Los Angeles, California, on November 7, 2015. EPA
    Gwyneth Paltrow, in Gucci, arrives for the Los Angeles County Museum of Art Art + Film Gala in Los Angeles, California, on November 7, 2015. EPA
  • Gwyneth Paltrow, in Michael Kors, attends an Audi event at Hotel zur Tenne on January 22, 2016 in Kitzbuehel, Austria. Getty Images
    Gwyneth Paltrow, in Michael Kors, attends an Audi event at Hotel zur Tenne on January 22, 2016 in Kitzbuehel, Austria. Getty Images
  • Gwyneth Paltrow, in Gucci, attends Elle Magazine's 30th anniversary party at Circulo de Bellas Artes Club on October 26, 2016 in Madrid, Spain. Getty Images
    Gwyneth Paltrow, in Gucci, attends Elle Magazine's 30th anniversary party at Circulo de Bellas Artes Club on October 26, 2016 in Madrid, Spain. Getty Images
  • Gwyneth Paltrow, in Gucci, arrives for the Lacma Art + Film Gala at the Los Angeles County Museum of Art in Los Angeles, California, on October 29, 2016. EPA
    Gwyneth Paltrow, in Gucci, arrives for the Lacma Art + Film Gala at the Los Angeles County Museum of Art in Los Angeles, California, on October 29, 2016. EPA
  • Gwyneth Paltrow, in Retrofete, attends the premiere of 'Avengers: Infinity War' at the El Capitan and TCL Chinese Theatres in Hollywood, Los Angeles, on April 23, 2018. EPA
    Gwyneth Paltrow, in Retrofete, attends the premiere of 'Avengers: Infinity War' at the El Capitan and TCL Chinese Theatres in Hollywood, Los Angeles, on April 23, 2018. EPA
  • Gwyneth Paltrow, in Emilia Wickstead, attends the Gwyneth Paltrow x Frederique Constant Ladies Automatic launch at the Design Museum on June 21, 2018 in London, England. Getty Images
    Gwyneth Paltrow, in Emilia Wickstead, attends the Gwyneth Paltrow x Frederique Constant Ladies Automatic launch at the Design Museum on June 21, 2018 in London, England. Getty Images
  • Gwyneth Paltrow, in G Label by Goo, attends the premiere of 'Avengers: Endgame' at the LA Convention Centre in Los Angeles, California, on April 22, 2019. EPA
    Gwyneth Paltrow, in G Label by Goo, attends the premiere of 'Avengers: Endgame' at the LA Convention Centre in Los Angeles, California, on April 22, 2019. EPA
  • Gwyneth Paltrow, in Valentino, attends the Valentino show as part of Paris Fashion Week on July 3, 2019 in Paris, France. Getty Images
    Gwyneth Paltrow, in Valentino, attends the Valentino show as part of Paris Fashion Week on July 3, 2019 in Paris, France. Getty Images
  • Gwyneth Paltrow, in Adam Lippes, attends the amFAR gala at Milk Studios in Los Angeles, California, on October 10, 2019. EPA
    Gwyneth Paltrow, in Adam Lippes, attends the amFAR gala at Milk Studios in Los Angeles, California, on October 10, 2019. EPA
  • Gwyneth Paltrow, in Fendi, arrives for the 77th annual Golden Globe Awards at the Beverly Hilton Hotel in Beverly Hills, California, on January 5, 2020. EPA
    Gwyneth Paltrow, in Fendi, arrives for the 77th annual Golden Globe Awards at the Beverly Hilton Hotel in Beverly Hills, California, on January 5, 2020. EPA
  • Gwyneth Paltrow, in Ralph & Russo, attends the Harper's Bazaar Exhibition as part of Paris Fashion Week at Musee des Arts Decoratifs on February 26, 2020 in Paris, France. Getty Images
    Gwyneth Paltrow, in Ralph & Russo, attends the Harper's Bazaar Exhibition as part of Paris Fashion Week at Musee des Arts Decoratifs on February 26, 2020 in Paris, France. Getty Images
The Details

Article 15
Produced by: Carnival Cinemas, Zee Studios
Directed by: Anubhav Sinha
Starring: Ayushmann Khurrana, Kumud Mishra, Manoj Pahwa, Sayani Gupta, Zeeshan Ayyub
Our rating: 4/5 

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Company%20Profile
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Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Abu Dhabi GP schedule

Friday: First practice - 1pm; Second practice - 5pm

Saturday: Final practice - 2pm; Qualifying - 5pm

Sunday: Etihad Airways Abu Dhabi Grand Prix (55 laps) - 5.10pm

How much do leading UAE’s UK curriculum schools charge for Year 6?
  1. Nord Anglia International School (Dubai) – Dh85,032
  2. Kings School Al Barsha (Dubai) – Dh71,905
  3. Brighton College Abu Dhabi - Dh68,560
  4. Jumeirah English Speaking School (Dubai) – Dh59,728
  5. Gems Wellington International School – Dubai Branch – Dh58,488
  6. The British School Al Khubairat (Abu Dhabi) - Dh54,170
  7. Dubai English Speaking School – Dh51,269

*Annual tuition fees covering the 2024/2025 academic year

SPECS
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Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Hales' batting career

Tests 11; Runs 573; 100s 0; 50s 5; Avg 27.38; Best 94

ODIs 58; Runs 1,957; 100s 5; 50s 11; Avg 36.24; Best 171

T20s 52; Runs 1,456; 100s 1; 50s 7; Avg 31.65; Best 116 not out

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
Updated: May 17, 2023, 11:18 AM