Adele tops Sunday Times Young Musicians ‘Rich List’ after success of ’25’ album

British born singer Adele now tops musicians 'Rich List' after her successful best-selling album, 25, added £30 million ($43 million) to her fortune. This fortune now puts her top of the Sunday Times newspaper’s Young Musicians 2016 rich list for performers under 30.


The worldwide hit, which was released last November, booted the 27-year-old singer to £85 million, lifting her to 30th place in the papers 2016 list of the wealthiest performers and composers in Britain and Ireland.

Paul McCartney tops the musicians’ rich list for a second year in a row. The former Beatle and his wife, Nancy Shevell, had a combined fortune of £760 million, according to the Sunday Times on Thursday, a rise of £30 million on last year.

McCartney was followed by composer Andrew Lloyd Webber, with £715 million, while the Rolling Stones were Britain and Ireland’s wealthiest band with the fortunes of its four members totaling £630 million.

Irish band U2, whose fortune jumped to £500 million from £431 million, was the highest-grossing rock act last year, selling 1.29 million tickets worth £66 million for 76 concerts.

Singer/songwriter, Ed Sheeran, had jumped five places making him the second-richest young performer after Adele and propelling him into the main music list for the first time.

The late David Bowie’s family, who inherited £70 million from his will, was also a new addition to the list with a combined fortune of £90 million.

Although many musicians climbed the wealthy ranks over the past year, a few dropped, including Cliff Richard, who fell four places in spite of a £3 million addition to his bank account.

Former Oasis band members, Noel and Liam Gallagher, were the only performers whose fortunes showed a marked decline, the paper said, with a loss of £12 million, dropping them seven places.

The list ranks Britain and Ireland’s richest musicians and performers and was published ahead of the annual Sunday Times Rich List this weekend.
Source: Reuters/NAN.

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