May 15, 2014 8:38
Adele, Alex Turner and Calvin Harris lead the way in young musicians' rich list
Sunday Times list reveals Sir Paul McCartney increases wealth by £30m in past 12 months
Data from the annual rundown of the wealthiest figures in the industry has been revealed with Adele topping the young musician list, which factors in anyone under the age of 30. Having made £15m in the past 12 months, the London born singer is at Number One with an overall wealth of £45m.
Calvin Harris is a new entrant on the list and goes straight in at Number Two with £30m. His arrival forces Cheryl Cole and her £16m wealth down one spot while each individual member of One Direction fill out the majority of the list with Harry Styles, Niall Horan, Liam Payne, Zayn Malik and Louis Tomlinson estimated to be worth £14m apiece.
Elsewhere on the young musician's list are Leona Lewis (£13m), the same as Mumford and Sons frontman Marcus Mumford and his wife Carey Mulligan's combined worth. Arctic Monkeys' Alex Turner is at Number 14 with £9m.
Meanwhile, Warner Music Group owner Len Blavatnik is comfortably the richest man in UK music with his 2014 worth estimated at £10bn. He finishes top of the list ahead of Zomba record label founder Clive Calder (£1.4bn) and musical theatre impresario Sir Cameron Mackintosh (£1bn).
Sir Paul McCartney's increase of £30m in the past year puts him at Number Four, ahead of Andrew Lloyd Webber, U2, Simon Cowell and Sir Elton John. See below for the Top 10 in both rich lists.
The Top 10 richest people in music in the UK and Ireland:
1. Len Blavatnik (£10 billion)
2. Clive Calder (£1.4bn)
3. Sir Cameron Mackintosh (£1bn)
4. Sir Paul McCartney and Nancy Shevell (£710m)
5. Lord Lloyd-Webber (£640m)
6. U2 (£428m)
7. Simon Fuller (£382m)
=8. Simon Cowell (£300m)
=8. Mohammad and Kamaliya Zahoor (£300m)
10. Sir Elton John (£260m)
The Top 10 richest musicians under 30 in the UK and Ireland:
1. Adele (£45m)
2. Calvin Harris (£30m)
3. Cheryl Cole (£16m)
=4. Niall Horan (£14m)
=4. Zayn Malik (£14m)
=4. Liam Payne (£14m)
=4. Harry Styles (£14m)
=4. Louis Tomlinson (£14m)
=9. Leona Lewis (£13m)
=9. Marcus Mumford and Carey Mulligan (£13m)
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