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Feb 23, 2021

Sunday, Feb 28, 2021 - 13:52:31

What is Daft Punk’s net worth?

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DAFT Punk are a popular electronic music duo who are known for wearing robot helmets as part of their artist image.

The band have now split after 28 years.

3Daft Punk have split after 28 years togetherCredit: Reuters What is Daft Punk's net worth?

It's thought that the combined net worth of the duo is $70million, which is just shy of £50million.

The Grammy award-winning band have amassed this mostly from their touring and albums which have earned them platinum certification.

Their album Discovery went triple platinum.

3Thomas Bangalter seen without his robot helmetCredit: 2019 Pierre Suu Who are Daft Punk?

Daft Punk was made up of French musicians, Thomas Bangalter and Guy-Manuel de Homem-Christo.

They met in the mid-’80s in Paris while at school as teenagers.

They released a song under a band named Darlin' with a third person, but then received a review that called their song: “a daft punky thrash”.

This inspired their new name and they continued producing electronic music as a duo.

Their biggest tracks are Get Lucky, which features Pharrell Williams, and Harder, Better, Faster, Stronger.

3The duo met at teenagersCredit: Getty Images - Getty When did they break up?

The band have split as of February 2021.

They uploaded a video called Epilogue, at the end of which a graphic appears on the screen that reads: "1993 - 2021."

Variety confirmed the band had split after speaking to their publicist, Kathryn Frazier, though she declined to provide further details.

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In the video the band are seen on a desert with timers on them - when the timers go down to zero they explode.

The artistic announcement is in keeping with the band's style, who always wear helmets to conceal their identities while performing.

Their rep declined to tell Variety whether the pair would work separately or if a new project is beginning.

Daft Punk split up after 28 years and confirm band break up with dramatic explosion video

News Source: the-sun.com

Tags: dance music net worth ’teen mom electronic music the band split after declined

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Vitro refinances 75 million dollars of debt

February 26, 2021 | 3:06 pm

Mexican crystal producer Vitro said on Friday that some of its units in the United States will receive a total of 75 million dollars in financing from ING Bank NV, which will be used to prepay existing debt.

“With the funds from this loan, on March 1, 2021, we will have successfully executed the entire refinancing plan for the syndicated debt,” Vitro said in a statement.

On February 2, the company made a voluntary advance payment of its debt, in the amount of 140 million dollars. The goal, the company said at the time, was to reduce interest payments and extend the average life of the debt.

The funds were obtained through a bilateral contract with BBVA amounting to 224 million dollars and expiring in January 2026.

Vitro results

The glassmaker’s consolidated net sales fell 2.3% in the fourth quarter of 2020, to $ 493 million, while the consolidated net loss was $ 131 million, deeper than the last year’s net loss of $ 37 million. quarter of 2019.

“In 2020, we faced the outbreak and challenges of the COVID-19 pandemic, and during the fourth quarter, it continued to present hurdles with unprecedented economic impacts for global businesses and communities, including Mexico, the US and most locations in that Vitro has a presence ”, said Adrián Sada Cueva, CEO of the company.

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