Since the beginning of this year, Van Gogh’s ear is on everyone’s lips for different reasons. The unexpected departure of singer Leire Martínez, who led the group for 17 years old After the departure of Amaia Montero, it reignited rumors and speculations. These theories have been fueled by both fans and some journalists, but What is true about what has been said?
Amaia Montero was categorical. He assures that he will not return to the group. “It’s crazy, it’s a complete fabrication,” he revealed when asked about the subject. However, she is united to her colleagues by an economic bond which has allowed her to benefit from a fairly comfortable situation.
Amaia Montero’s company
Amaïa Montero maintains a strong financial connection with La Oreja de Van Gogh through a joint stock company created to manage the royalties and other revenues generated by the group’s songs. This company, called Van Gogh’s ear SLis distributed equally between the five founding members of the group, attributing to each of them a share of the 20%. La Oreja de Van Gogh SL was created to manage royalties, digital reproductions, copyrights and other income related to the group’s music, including songs written and performed during Montero’s time as singer.
According to 2022 financial data, La Oreja de Van Gogh SL has assets that exceed 2.9 million euros. This figure represents a solid asset base that demonstrates how, despite the years and changes in the group’s lineup, the music of Van Gogh’s La Oreja continues to be a profitable asset. The objective of the company is the “creation, editing, publication and sale of musical works, scores and compositions”as well as artist representation and consultancy.
This business structure has been essential to maintaining a consistent and strong income stream, which has allowed them to support their personal projects without having to rely exclusively on touring.
Thanks to this partnership, Amaia Montero still benefits from the rights that correspond to her for the songs she performed and helped to create and, although the artist no longer actively participates in the group’s activities, La Oreja de Van Gogh SL remains as the only tangible link he maintains with his former teammates.
Amaia Montero’s other source of income
In addition to her participation in La Oreja de Van Gogh SL, Amaia Montero owns another company called Little by little SLwhich he created with the aim of managing his solo career and channeling the income generated by his solo activities. This company, created while he was still a member of the group, allowed him to manage the rights to his music. and their concerts in complete independence.
Even though Amaia has not released new music in recent years or carried out major tours, Poquito a Poco SL recorded a turnover of around 2.3 million euros for the year. 2023which shows that his music continues to please a privileged situation. This company not only manages the income from his solo albums and royalties, but is also ready to organize music events.
The artist’s real estate assets
In addition to its presence in the musical world, Amaia Montero diversified its assets through investments in real estatea sector that helped her consolidate her wealth. His first foray into the world of real estate took place 1999when he acquired a 97 square meter apartment in San Sebastián. This apartment, which has three bedrooms, two bathrooms and a terrace, is valued at 400,000 euros in the current market.
The same year, Amaia acquired land in the the Basque Country more than 2,600 square meterswhich includes a series of sports facilities such as a tennis court, fronton, swimming pool and social venue. This land, located in an area of high value on the real estate market, allowed it to diversify its heritage.
When the singer decided to launch her solo career, she also made sure she had a foundation in Madrida city which offered him greater facilities to develop his solo project. In this context, he bought a luxurious apartment in the exclusive neighborhood Salamanca districtone of the most prestigious districts of the capital. This 289 square meter apartment has five bedrooms and five bathrooms. It was acquired for a million euros around fifteen years ago.
Today, thanks to the revaluation of the region’s real estate market, this property could sell for up to three million euros. As we can see, he is in no hurry to get back on stage. She will do it when she feels ready, not out of necessity.
