GBBO star Noel Fielding ‘has £1.5million in the bank and paid himself £900,000 last year’

Noel Fielding reportedly has almost £1.5 million in the bank after scoring a £150,000 wage rise to continue hosting The Great British Bake Off.

According to The Sun, the comedian, 47, paid himself nearly £900,000 under Fantasy Man Ltd in 2020. 

The presenter’s TV production company, Secret Peter Ltd, boasted profits of £68,716 in the last year.

The media personality’s companies were believed to be worth just over £200,000 before he joined the Channel 4 show. 

On his pay rise, a source previously told the publication: ‘Noel is incredibly popular with both viewers, and the cast and crew of Bake Off — he’s a real commodity to Channel 4.

‘With Sandi [Toksvig] leaving, it’s important they keep up with continuity to ensure people continue. Noel secured a healthy salary rise off the back of the success of the first two series.

‘Contrary to his fun, laid-back ­persona, Noel is one of TV’s hardest working broadcasters — and now one of its wealthiest.’ 

Noel’s earnings have skyrocketed since his stint on the competition series as according to Companies House, he accumulated £1.1million in 2019 — up almost £250,000 on the previous year.  

On his financial success, The Mighty Boosh star previously said: ‘We never really thought about money that much or career steps or anything like that.’

The TV star rose to fame as part of The Mighty Boosh comedy troupe in the early 2000s with co-star Julian Barratt.

MailOnline has contacted representatives for Noel Fielding and Channel 4 for comment.

The funnyman hosted the latest series – won by Peter Sawkins – with Little Britain’s Matt Lucas, while Paul Hollywood and Prue Leith returned as judges.