Gwyneth Paltrow's Goop Is Bleeding Money and $1.2 Million in Debt
LatestHow does Goop, the weekly lifestyle email/newsletter and brainchild of actress Gwyneth Paltrow, support itself? That question has been plaguing those who wanted the secret of how Paltrow has been able to spread her gospel to the people. Well, newly released documents indicate that Goop has had some very unprofitable years – except, of course, for Gwyneth and her CEO.
Radar Online has obtained Goop’s corporate documents for 2011 and 2012 which reveal a few interesting things, if you’re someone who considers the goings-on of Gwyneth Paltrow’s work life interesting. Between 2011 and 2012, Gwyneth and CEO Sebastian Bishop enjoyed a sizable increase in pay, from £102,788 to £350,000, or from less than $200,000 to almost $600,000. In 2012, Paltrow (who goes by her married last name of Martin in the papers) and Bishop also received personal interest-free loans from Goop; Paltrow’s was £29,200 and Bishop’s was £49,800, totaling over $100,000. Bishop paid back £13,000 of that money, while Paltrow had not.