Andrew Lloyd Webber Became a Billionaire Off 'Cats,' 'Phantom of the Opera'
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It's a good thing that Andrew Lloyd Webber is already rich, because it doesn't look like the highly anticipated film adaption of "Cats" is going to be a hit at the box office.
The film earned a meager $2.6 million on opening night, despite its production budget of $100 million, and its "digital fur technology" has been the laughing stock of the internet for months.
Lloyd Webber, the prolific British composer behind "Cats," "Phantom of the Opera," and "Jesus Christ Superstar," built a billion-dollar fortune off blockbuster musicals, according to The Sunday Times' Rich List. The success of his shows helped revitalize the business of theater and made Lloyd Webber "one of the most important composers for the musical theater in the last decades of the 20th century," according to PBS.
A representative of Lloyd Webber's company, Really Useful Group, did not immediately respond to Business Insider's request for comment on the composer's net worth or career.
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Keep reading to learn more about how Andrew Lloyd Webber made and spends his billion-dollar fortune.
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