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'American Idol' Judge Cowell Claims He's Sony BMG's Top Earner

There's a new Boss in town - and his name is Simon Cowell. The English music mogul claims he's worth five times more to his record company than famous rocker Bruce Springsteen.

Speaking on the U.S. television news program 60 Minutes, Cowell estimates his acts have sold more than 100 million records.

An Artist & Repertoire executive for Sony BMG in Britain, he runs his own production company and is also a well-known TV personality. He serves as one of three judges on American Idol, which he calls "the biggest artist on the planet."

The program airs in 40 countries worldwide, and every Idol winner records through Sony BMG.