Live8 total fund raising amounts emerge

The 2005 concerts make a profit

The total profit raised for Live8 has been revealed as $5 million (£2.7 million).

The shows took place on July 2, 2005, in 11 cities to pressure the G8 world leaders to fight poverty in Africa.

The Live8 concerts cost more than $15 million (£8.1 million) to put on, but raised more than $20.6 million (£10.8 million), reports The Mirror.

Pink Floyd famously reformed for the London leg of the concerts, which also saw performances from the likes of Paul McCartney, Scissor Sisters and Razorlight.

The shows were organised by the Band Aid Trust, which was founded by Bob Geldof and Midge Ure in 1984.