Shout Out To My Amex! Little Mix become UK’s top earning young women in music after swelling net worth to £54M… as Ed Sheeran dominates Sunday Times under 30 musicians with a staggering £220M
Little Mix have become the UK’s top earning young female positions, after boosting their joined fortune by £6million over the past year, giving them a combined net worth of £54million.
Perrie Edwards, 27, Leigh-Anne Pinnock, 29, and Jade Thirlwall, 28, have pressed on as a trio this year, following the December departure of bandmate Jesy Nelson, 29, with whom they have reportedly severed financial ties.
And the Shout Out To My Ex hitmakers now have more cash to share among themselves as they climb their way up The Sunday Times newly-unveiled annual Rich List.
Rich! Little Mix have become the UK’s top earning young female positions, after boosting their joined fortune by £6million, giving them a combined net worth of £54million. Pictured (L-R) Leigh-Anne Pinnock, Jade Thirlwall and Perrie Edwards
Financial ties: The news comes after it was reported that Little Mix, who are with Sony, have formally cut financial ties with Jesy Nelson, following her exit from the group. She announced on Friday that she has signed a new solo deal with Polydor
The news comes after it was reported by The Sun that Little Mix, who are with Sony, have formally cut financial ties with Jesy Nelson, following her exit from the group.
Perrie, Leigh-Anne and Jade are expected to rake in a whopping £5 million from their upcoming tour, but Jesy will lose out on the profit as she’ll no longer serve as a director at their joint business.
Had Jesy remained part of the business, Eternal Magic Touring, her situation would have been similar to that of Victoria Beckham, who earned a cool £1 million from the Spice Girls’ 2019 comeback tour, despite not stepping foot on stage.
However, Jesy is on the verge of raking in some of her own revenue, as she announced she’s signed a new solo record deal with esteemed label Polydor, following much speculation about her future.
Leader of the pack: However, Ed Sheeran, 30, reigned supreme over all young Brits in the music industry, after raking in an eye-watering £20million over the past year – giving him a total fortune of £220million
The singer took to Instagram on Friday morning to share a snapshot of herself posing before the company’s logo as she shared the news with her followers.
Elsewhere on the Sunday Times list, Ed Sheeran, 30, reigned supreme over all young Brits in the music industry, after raking in an eye-watering £20million over the past year – giving him a total fortune of £220million.
His feat is made all the more impressive as he’s kept a low profile over the past year while spending quality time with his and wife Cherry Seaborn’s daughter Lyra Antarctica, nine months.
While the star has enjoyed a string of chart hits, he is also known to have snapped up an impressive portfolio of properties across the country, with a concentration of bricks-and-mortar investments in London.
Sheeran’s big bucks place him head and shoulders above Harry Styles, 27, who sits second on the list of young musicians with a tidy £75million fortune.
Raking in the dough: Sheeran’s big bucks place him head and shoulders above Harry Styles, 27, who sits second on the list of young musicians with a tidy £75million fortune. Pictured earlier this month
With Little Mix at third on the list, Styles’ One Direction bandmates Niall Horan, 27, Louis Tomlinson, 29, and Liam Payne, 27, sit in fourth, fifth and sixth position with respective fortunes of £52million, £45million and $44 million.
Ubiquitous pop star Dua Lipa, 25, is seventh on the list with an impressive haul of £36million, leaving her with an equally heavy wallet as former One Direction heartthrob Zayn Malik, 28.
Grime superstar Stormzy, 27 (£24million) and Rita Ora, 30 (£22million) round out the top 10 of the music industry’s top young earners.
Elsewhere, the wealth of some of Britain’s most established musicians has also jumped, with Sir Mick Jagger, 77, the lead singer of the Rolling Stones, now worth £310million.
Sir Elton John’s personal fortune rose by £15million to £375million, despite the lack of live music performances permitted during the Covid crisis.
Making the list: Ubiquitous pop star Dua Lipa, 25, is seventh on the list with an impressive haul of £36million, leaving her with an equally heavy wallet as former One Direction heartthrob Zayn Malik, 28
But it was Sir Paul McCartney, 78, who topped the list of music millionaires with an estimated net worth of £820million, up £20million. He was the only musician to make the main Rich List, sitting in 196th place.
At the other side of the spectrum, England football star Marcus Rashford has topped the Sunday Times Giving List in a record-breaking year for donations.
Rashford, 23, has also appeared on the Young Rich List for the first time with a fortune of £16million.
A record 171 billionaires in the UK saw their fortunes soar by more than a fifth as they shook off the financial toll of the pandemic, the Sunday Times Rich List reveals.
Ukrainian-born Sir Leonard Blavatnik, 63, has topped the Rich List for the second time with his £23billion fortune following a £7.2billion leap in wealth.
Hey, big spender: Singing star Rita Ora, 30, rounds out the top 10 of the music industry’s top young earners with £22million)
Overall, the number of UK-based billionaires has jumped by 24 per cent compared to 2020 in a stark contrast with the economic turmoil of a global crisis which saw millions enter furlough.
But this had little impact on the very wealthiest, with the fortunes of billionaires increasing by 21.7 per cent over the year – rising by £106.5billion to £597.2billion.
Blavatnik, 63, saw his personal wealth leap by £7.219billion, placing him at the top of the Rich List for the second time since 2015 – when he was worth £13.17billion.
Rich List: Top earning young musicians
1. Ed Sheeran (£220million)
2. Harry Styles (£75million)
3. Little Mix (£54million)
4. Niall Horan (£52million)
5. Louis Tomlinson (£45million)
6. Liam Payne (£44million)
7. = Dua Lipa (£36million)
7. = Zayn Malik (£36million)
9. Stormzy (£24million)
10. Rita Ora (£22million)
The Ukrainian-born businessman made his fortune in the music industry, having cashed in a £1.377billion stake in Warner Music when it listed in the US last year.
Despite his wealth, Blavatnik is understood to have furloughed a member of staff at the global sports subscription service DAZN during the pandemic.
He took the title of UK’s richest man from Sir James Dyson, who slipped back to fourth in the table after his wealth only increased by £100million to £16.3billion.
The electricals entrepreneur was also beaten by property investors David and Simon Reuben, who reached the second spot after their wealth increased by £5.46billion to £21.46billion.
Meanwhile, Sri and Gopi Hinduja, who run the Mumbai-based conglomerate Hinduja Group, saw their fortune rise by £1billion to clinch the third spot.
Other notable billionaires to feature in the top 10 include Alisher Usmanov, who saw his wealth rise by £1.7billion after selling his 30 per cent stake in Arsenal football club.
Chelsea owner and fellow Russian Roman Abramovich also saw his fortune climb, rising by £1.9 billion to £12.1 billion for the year.
Further down the list, fashion magnate Sir Philip Green saw his fortune drop by £20million to £910million after his Arcadia fashion empire collapsed into administration in November.
The fall of the Group, which included Topshop, Burton and Dorothy Perkins, was one of the most significant losses noted on the High Street during the Covid crisis.
Three of the brands were ultimately sold to Boohoo, but thousands of jobs were placed at risk as the retailers prepared to move online.
Others who saw their wealth sink over the past year include the Duke of Westminster, Sir Andrew Lloyd Webber and Sir Cameron Mackintosh.
The Duke, who owns the lucrative Grosvenor Estate in Mayfair, London, saw his personal wealth drop by £241million.
However, he did manage to remain in the top spot of the Sunday Times Young Rich List – for those 30 and under – with a fortune of £10billion. He slipped two places to 12th on the main Rich List.
The Full Sunday Times Young Rich List
1. Property mogul Duke of Westminster (£10.054bn)
2. Heiress Lady Charlotte Wellesley (£2.4bn)
3. Hopin founder Johnny Boufarhat (£1.446bn)
4. Football manager Jack Sullivan (£1.04bn)
5. Property mogul India Rose James (£721m)
6. Gymshark owner Ben Francis (£700m)
7. Musician Ed Sheeran (£220m)
8. Lingerie moguls Melanie and Dan Marsden (£200m)
9. Gymshark co-founder Lewis Morgan (£147m)
10. Musician and actorHarry Styles (£75m)
11. Creditfix director Taylor Flynn (£68m)
12. Footballer Paul Pogba (£64m)
13. Property mogul Charlie Wilson (£56m)
14. Band Little Mix (£54m)
15. Musician Niall Horan (£52m)
16. = Footballer David de Gea (£45m)
16. = Musician Louis Tomlinson (£45m)
18. = Footballer Kevin De Bruyne (£44m)
18. = Musician Liam Payne (£44m)
20. Property developer Abe Simpson (£41m)
21. Raheem Sterling (£38m)
22. = Model Cara Delevingne (£36m)
22. = Musician Dua Lipa (£36m)
22. = Musician Zayn Malik (£36m)
25. Footballer N’Golo Kante (£34m)
26. = Footballer Harry Kane (£33m)
26. = Musician Sam Smith (£33m)
28. Vloggers Dan & Jemma Middleton (£32m)
29. Footballer Mo Salah (£30m)
30. = Anthony Martial (£27m)
30. = Footballer Aaron Ramsey (£27m)
32 = Gym King founder James Parker (£26m)
32. = Footballer Virgil Van Dijk (£26m)
34. = Footballer Jordan Henderson (£25m)
34. = Actor Aaron Taylor-Johnson (£25m)
36. = Footballer Luke Shaw (£24m)
36 = LadBible founder Alex Solomou (£24m)
36. = Musician Stormzy (£24million)
39. = Footballer Alexandre Lacazette (£22m)
39. = Musician Rita Ora (£22m)
41. Footballer Roberto Firmino (£21m)
42. = Internet entrepreneur Nick D’Aloisio (£20m)
42. = Footballer Riyad Mahrez (£20m)
42. = Footballer Danny Welbeck (£20m)
45. = Actor Daisy Ridley (£19m)
45. = Footballer Jack Wilshere (£19m)
47. Actor John Boyega (£18m)
48. = Musician Lewis Capaldi (£17m)
48. = Footballer Alex Oxlade-Chamberlain (£17m)
50. = Musician George Ezra (£16m)
50. = Insurance brand founder Alex Mills (£16m)
50. = Footballer Marcus Rashford (£16m)
Lockdowns also had an impact on those who make their money on the West End, with Andrew Lloyd Webber’s fortune falling by £275million.
This meant his total net worth dropped by 34 per cent to £525million ahead of theatres finally reopening this month.
The British composer is set to open his latest musical, Cinderella, at the Gillian Lynne Theatre next month. He did not feature on the main Rich List for 2021.
Les Miserables producer Sir Cameron Mackintosh also saw his wealth shrink amid the pandemic, with his net worth falling £40million to £1.2billion. He did, however, manage to remain in the top 250 at 138.
Musician Adele, 33, is another whose wealth took a hit, dropping by £20million to £130million amid her divorce from charity CEO Simon Konecki.
Dent in the wallet: Musician Adele, 33, is among those whose wealth took a hit, dropping by £20million to £130million amid her divorce from charity CEO Simon Konecki
Sir Jim Ratcliffe, who topped the list in 2018, also saw a significant drop in his personal fortune, with the Rich List noting a loss of £5.82billion since 2020.
The CEO of the Ineos chemicals group fell 20 places on the List in 2021.
Robert Watts, compiler of the rich list, said: ‘The global pandemic created lucrative opportunities for many online retailers, social networking apps and computer games tycoons.
‘The fact many of the super-rich grew so much wealthier at a time when thousands of us have buried loved ones and millions of us worried for our livelihoods makes this a very unsettling boom.’
Only around one in five of the Rich List’s top 250 are women, with 19 of the 53 who appear featuring as half of a married couple. Another 27 inherited at least some of their wealth.
The Sunday Times Rich List will be published on May 23.
Manchester United striker Marcus Rashford, 23, tops Sunday Times Giving List after raising £20million in donations from supermarkets
Marcus Rashford (above) has topped the Sunday Times Giving List
England football star Marcus Rashford has topped the Sunday Times Giving List in a record-breaking year for donations.
The Manchester United striker, with a personal worth of £16million, has become the youngest person to top the philanthropy list by raising £20million in donations from supermarkets for groups tackling child food poverty in the UK.
For the first time, total donations on the list exceeded £4billion, with a 36 per cent rise on the previous year’s £3.2billion taking the 2020 total to more than £4.3billion.
Along with helping charity FareShare distribute four million meals to vulnerable children during the pandemic, Rashford, 23, also forced a series of Government U-turns over free school meals.
The Prime Minister retracted his vow not to extend the voucher system into the summer holidays on June 16, two days after Rashford called on his Cabinet to reconsider the decision in an open letter.
In October, he launched a petition urging the Government to again extend free school meals through the half-term and Christmas holidays, eventually pressuring ministers into providing £170million of extra funding.
Rashford, who received free school meals himself, was made an MBE in the delayed 2020 Queen’s Birthday Honours List.
He has since called for an urgent review of the free school meals system.
Lindsay Boswell, FareShare chief executive, said: ‘We are delighted he’s been honoured in this way. Marcus’s support for FareShare over the last year – and his commitment to tackling child hunger – has simply been incredible.
‘His own experience of relying on free school meals to eat brings authenticity and compassion to his campaigning, and his status as a Premier League footballer means people and politicians sit up and take notice.’
Rashford features on the list alongside fellow footballer, Liverpool captain Jordan Henderson, who ranked sixth after raising £4 million for the NHS from fellow Premier League footballers through the £PlayersTogether appeal.
The Manchester United striker, with a personal worth of £16million, has become the youngest person to top the philanthropy list by raising £20million in donations
The Sainsbury family ranked second in the list, as serial benefactors through a network of trusts which generated just under £230million for charities.
Jonathan Ruffer, whose Auckland Project is leading the regeneration of the former County Durham mining town, was third with £62million gifted in 2020.
The Sunday Times ranking sets the sums donated or raised for charity against the Rich List wealth valuation for those individuals or families.
Coronavirus has fuelled the giving spree, and the Giving List recorded nine donations of more than £100million and 71 gave at least £10million – up from 42.
Some £520million of donations covered pandemic-related causes, including PPE, community support and helping to plug the cumulative £10billion funding gap in the finances of charities around the country.
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