Top 50 UK Music Millionaires

The Music Millionaires top 50 is released today, ahead of the 28th annual Sunday Times Rich List to be published this weekend.

The 2016 Sunday Times Music Rich List is headed by Sir Paul McCartney, who with his wife Nancy Shevell, shares a joint fortune of £760m, up £30m on last year. American-born Shevell has a £150m stake in her father’s New England Motor Freight trucking operation.

Adele, Britain’s richest ever female musician, has benefited from the worldwide success of her long-awaited third album, 25, released last November. The London-born singer/songwriter is now hard on the heels of Ireland’s wealthiest female performer, Enya, who is worth £91m, up just £1m on 2015.

The Rolling Stones – Sir Mick Jagger, worth £235m; Keith Richards, £220m; Charlie Watts, £120m; and Ronnie Wood, £55m - with combined fortunes of £630m, up £40m on 2015, are the wealthiest band in Britain and Ireland, ahead of U2 with a joint fortune of £500m, an increase of £69m on the 2015 Sunday Times Music Rich List. U2 was the highest-grossing rock act last year selling 1.29m tickets worth £66m for 76 concerts.

Calvin Harris, the Dumfries-born international DJ, who writes, sings, records, remixes and produces his own music, has seen his personal wealth leap by £25m in a year to rank him at 27 in the 2016 Top 50, worth £95m.

David Bowie’s widow and his filmmaker son by his first marriage to Angie, Iman Abdulmajid and Duncan Jones, join this year’s list with a joint family fortune of £90m, based on the £70m from Bowie’s will, their own wealth and royalties from the chart success of Bowie’s music after his death. 

THE SUNDAY TIMES RICH LIST 2016 - THE TOP 50 MUSIC MILLIONAIRES IN BRITAIN AND IRELAND

2016 rank

2015  rank

Name

2016 Wealth

 

Wealth increase

 

1

1

Sir Paul McCartney and Nancy Shevell

£760m

£30m

2

2

Lord Lloyd-Webber

£715m

£65m

3

3

U2

£500m

£69m

4

4

Sir Elton John

£280m

£10m

5

5

Sir Mick Jagger

£235m

£10m

6=

New

Olivia and Dhani Harrison

£220m

£20m

6=

6

Keith Richards

£220m

£10m

8

8=

Ringo Starr

£200m

£20m

9

7

Michael Flatley

£198m

£3m

10

8=

Sting

£185m

£5m

11=

11

Eric Clapton

£160m

£5m

11=

12=

Rod Stewart

£160m

£10m

11=

10

Roger Waters

£160m

No change

14

12=

Sir Tom Jones

£155m

£5m

15

12=

Sir Tim Rice

£150m

No change

16

15=

Robbie Williams

£145m

£10m

17

17

Ozzy and Sharon Osbourne

£135m

£5m

18=

18=

Brian May

£120m

£10m

18=

18=

Charlie Watts

£120m

£10m

20

21=

Roger Taylor

£115m

£10m

21

18=

Phil Collins

£110m

No change

22=

21=

George Michael

£105m

No change

22=

23=

Jimmy Page

£105m

£5m

24

23=

Robert Plant

£103m

£3m

25=

27

John Deacon

£100m

£15m

25=

25=

David Gilmour

£100m

£10m

27

30=

Calvin Harris

£95m

£25m

28

25=

Enya

£91m

£1m

29

New

Iman Abdulmajid and Duncan Jones and family

£90m

-

30

43=

Adele

£85m

£35m

31=

33=

Gary Barlow

£75m

£10m

31=

30=

Mark Knopfler

£75m

£5m

31=

29

Nick Mason

£75m

No change

31=

30=

Pete Townshend

£75m

£5m

35

33=

Engelbert Humperdinck

£70m

£5m

36=

28

Noel and Liam Gallagher

£65m

 Down £12m

36=

43=

Brian Johnson

£65m

£15m

36=

39=

Chris Martin

£65m

£13m

39=

35=

Barry Gibb

£60m

No change

39=

35=

John Paul Jones

£60m

No change

41

37=

Sir Cliff Richard

£58m

£3m

42=

39=

Guy Berryman

£55m

£3m

42=

39=

Jonny Buckland

£55m

£3m

42=

39=

Will Champion

£55m

£3m

42=

37=

Kylie Minogue

£55m

No change

42=

46=

Ronnie Wood

£55m

£10m

47=

46=

Jay Kay

£50m

£5m

47=

43=

Sir Van Morrison

£50m

No change

49=

46=

Peter Gabriel

£45m

No change

49=

50

Mick Hucknall

£45m

£5m

49=

New

Ed Sheeran

£45m

New

49=

46=

Bernie Taupin

£45m

No change

 

Britain and Ireland's wealthiest young band, with all the members aged under 30, is One Direction, with a combined wealth of £132m. The four musicians in the One Direction line up, Niall Horan, aged 22, Liam Payne, 22, Harry Styles, 22, and Louis Tomlinson, 24, have each added £8m to their personal fortunes in a year and are individually each worth £33m, up from £25m last year.

Former One Direction member Zayn Malik, 23, has added £5m to his personal wealth, now worth £30m, helped by the success of his debut solo album, Mind of Mine, which topped the sales charts in the UK and the US this month.

Sam Smith and Florence Welch, who were new entries in the Young Rich List  in 2015, worth £12m, have both added £8m to their personal wealth to join the Young Musicians Top 10 - each with fortunes of £20m.

 

THE SUNDAY TIMES RICH LIST 2016 - THE 10 RICHEST YOUNG MUSICIANS IN BRITAIN AND IRELAND (Aged 30 or under) 

2016 rank

2015    rank

Name

2016  wealth

 

Wealth increase

 

1

1

Adele

£85m

£35m

2

7

Ed Sheeran

£45m

£25m

3=

2=

Niall Horan

£33m

£8m

3=

2=

Liam Payne

£33m

£8m

3=

2=

Harry Styles

£33m

£8m

3=

2=

Louis Tomlinson

£33m

£8m

7

2=

Zayn Malik

£30m

£5m

8=

New

Sam Smith

£20m

£8m

8=

New

Florence Welch

£20m

£8m

10

8=

Ellie Goulding

£17m

£4m

 

The 2016 Sunday Times Rich List - the definitive guide to wealth in Britain and Ireland - is published on Sunday, April 24. The 148-page special edition of The Sunday Times Magazine is the biggest issue of the Rich List ever published since it first appeared in 1989. It charts the wealth of the 1,000 richest people in the UK and the 250 richest in Ireland. The list is based on identifiable wealth, including land, property, other assets such as art and racehorses, or significant shares in publicly quoted companies. It excludes bank accounts, to which the paper has no access. 

The Sunday Times Rich List is compiled by Philip Beresford and Robert Watts, and edited by Ian Coxon.

Photo: Sir Paul McCartney

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