The Sunday Times Rich List 2014

sundaytimesrichlist2014SIR PAUL McCARTNEY SHARES £710m FORTUNE WITH WIFE NANCY SHEVELL IN MUSIC MILLIONAIRES TOP 50

 

SIMON COWELL’S WEALTH IS UP BY £50m TO £300m

 

ADELE HEADS YOUNG MUSIC RICH LIST WITH £45m

 

ONE DIRECTION SHARE £70m FORTUNE

 

Sir Paul McCartney, now 71 and still touring, has added £30m to the wealth he shares with his third wife, Nancy, 53. With Shevell’s £150m stake in her family’s American trucking operation, the couple’s fortune stands at £710m.  The 2014 chart of the 50 wealthiest music millionaires in Britain and Ireland is published in The Sunday Times Rich List 2014 this Sunday, May 18.

 

Rising quickly up the list is Simon Cowell, worth £300m. His contracts for ITV’s X Factor and Britain’s Got Talent have helped to boost his fortune by £50m in a year. The success of the Ministry of Sound record label and brand has helped to add £70m to the wealth of Lord Palumbo, the Liberal Democrat peer, who is now worth £270m.

 

The combined wealth of Irish band U2 is down by £92m at £428m after the retirement of Paul McGuinness, their former manager, who now appears in the Music Millionaires Rich List in his own right with a £104m fortune. However, the individual wealth of the four band members, Paul Hewson (Bono), Adam Clayton, Dave Evans (the Edge) and Larry Mullen, has gone up £3m each, as last year they shared a joint fortune of £520m with McGuinness.

 

Mohammad and Kamaliya Zahoor, worth £300m, join the music wealth chart on the strength of Ukranian singer Kamaliya’s burgeoning pop career, funded by her entrepreneur husband Mohammad, who is a British-Pakistani citizen. Music mogul Roger Ames, who runs part of Live Nation, the concert search engine, returns to the list with a £120m fortune. David Bowie’s latest album The Next Day, which reached No 1 in the UK last year, helped to boost his fortune by £20m and for the first time we include the £15m fortune of his wife Iman Abdulmajid, to put the couple’s total wealth this year at £135m.

 

Take That singer Gary Barlow, who was worth just £30m in 2009, has added £5m to his wealth in the past year, bringing his personal fortune to £65m. We make no deduction to his wealth for the recent court ruling on tax avoidance until the matter is fully resolved.

 

 

THE 2014 SUNDAY TIMES RICH LIST

THE MUSIC MILLIONAIRES *indicates National rank in Irish 250

 

Music rank2014 Music rank2013 Name 2014  wealth Wealth increase/decrease National rank
1 1 Len Blavatnik £10,000m down £1,000m 4
2 2 Clive Calder £1,400m up £50m 62=
3 3 Sir Cameron Mackintosh £1,000m up £175m 98=
4 4 Sir Paul McCartney and Nancy Shevell £710m up £30m 142
5 5 Lord Lloyd-Webber £640m up £20m 162
6 6 U2 £428m down £92m *19
7 7 Simon Fuller £382m up £7m 256
8= 8= Simon Cowell £300m up £50m 307=
8= Mohammad and Kamaliya Zahoor £300m New 307=
10 10 Sir Elton John £260m up £20m 353=
11 15= Lord Palumbo £250m up £70m 367=
12 11= Sir Mick Jagger £215m up £15m 435=
13 11= David and Victoria Beckham £210m up £10m 442=
14 14 Keith Richards £200m up £15m 458=
15 13 Michael Flatley £193m up £2m *44
16 15= Olivia and Dhani Harrison £190m up £10m 495=
17 15= Sting £180m No change 514=
18 19 Ringo Starr £170m up £10m 549=
19 20 Roger Waters £160m up £10m 571=
20 18 Denis Desmond and Caroline Downey £153m down £8m *56
21= 23 Eric Clapton £150m up £10m 607=
21= 21 Sir Tim Rice £150m up £1m 607=
23 22 Sir Tom Jones £145m No change 639=
24 24 Rod Stewart £140m up £10m 647=
25 29= David Bowie and Iman Abdulmajid £135m up £35m 666=
26 29= Ozzy and Sharon Osbourne £130m up £30m 691=
27= 25 Roger Ames £120m New 751=
27= 27= Robbie Williams £120m up £15m 751=
29 26 Phil Collins £115m No change 788=
30= 31 Brian May £105m up £10m 846=
30= 27= George Michael £105m No change 846=
32 Paul McGuinness £104m New *87=
33= 37= Jimmy Page £100m up £20m 863=
33= 37= Robert Plant £100m up £20m 863=
33= 32= Roger Taylor £100m up £10m 863=
33= 32= Charlie Watts £100m up £10m 863=
37 35 Enya £88m up £1m *104=
38 36 David Gilmour £85m No change 989=
39 42= Martin Mills £84m up £14m
40 37= Chris Blackwell £80m No change
41= 40= John Deacon £75m up £1m
41= Tracey Ullman £75m New
43 40= Noel and Liam Gallagher £74m No change
44= 45= Mark Knopfler £70m up £5m
44= 51 Nick Mason £70m up £15m
44= 42= Pete Townshend £70m No change
44= 42= Chris Wright £70m No change
48= 49= Gary Barlow £65m up £5m
48= 45= Judy Craymer £65m No change
48= 45= Engelbert Humperdinck £65m No change

 

 

Singer Adele, 26, heads the list of young musicians, aged 30 and under, with a £45m fortune, up 50% (£15m) on last year, with continued success from album sales.

 

She is £15m ahead of the highest new entry to the young musicians list, Calvin Harris. The Scottish hit-maker and superstar DJ has had no less than nine top 10 hits from his current album, 18 months – the most from a single album in chart history. Now able to charge a reported $200,000 for a night’s work as a DJ in Las Vegas or Miami, Harris formerly stacked shelves in Marks & Spencer.

 

The combined wealth of the five members of One Direction is £70m, making 1D the richest boy band in history from Britain and Ireland. Niall Horan, 20, Zayn Malik, 21, Liam Payne, 20, Harry Styles 20, and Louis Tomlinson, 22, are each worth £14m. In 2013, the combined fortune of the band was just £25m, with each member worth £5m.

 

The four members of Mumford and Sons, all new entries to the Young Musicians Rich List, share a £37m fortune. Marcus Mumford, 27, and his actress wife, Carey Mulligan, 28, are jointly worth £13m, while Ted Dwane, 29, Ben Lovett, 27, and Winston Marshall, 26, are each worth £8m.

 

Third in the list of the wealthiest young bands is Sheffield indie rock band Arctic Monkeys, with a combined fortune of £30m. Jamie Cook, 28, Matt Helders 28, and Nick O’Malley, 28, are each worth £7m, while Alex Turner, 28, who has other music interests, is worth £9m.

 

The four members of JLS, JB Gill, 27, Marvin Humes, 29, Aston Merrygold, 26, and Oritse Williams, 27, are each worth £7m, putting their combined wealth at £28m.

 

 

THE 2014 SUNDAY TIMES RICH LIST

THE RICHEST YOUNG MUSICIANS – AGED 30 AND UNDER

 

Young Music rank2014 Young Music rank2013 Name 2014  wealth Wealth increase/decrease
1 1 Adele £45m up £15m
2 Calvin Harris £30m New
3 2 Cheryl Cole £16m up £2m
4= 17= Niall Horan £14m up £9m
4= 17= Zayn Malik £14m up £9m
4= 17= Liam Payne £14m up £9m
4= 17= Harry Styles £14m up £9m
4= 17= Louis Tomlinson £14m up £9m
9= 3= Leona Lewis £13m up £1m
9= Marcus Mumford and Carey Mulligan £13m New
11 3= Katie Melua £12m No change
12= 6= Jessie J £10m up £2m
12= 5 Florence Welch £10m up £1m
14 Alex Turner £9m New
15= 6= Charlotte Church £8m No change
15= Ted Dwane £8m New
15= Jamal Edwards £8m New
15= Ben Lovett £8m New
15= Winston Marshall £8m New
15= Olly Murs £8m New
15= Dizzee Rascal £8m New
15= 17= Emeli Sande £8m up £3m
23= Jamie Cook £7m New
23= 8= Jonathan (JB) Gill £7m up £1m
23= Ellie Goulding £7m New
23= Matt Helders £7m New
23= 8= Marvin Humes £7m up £1m
23= 8= Aston Merrygold £7m up £1m
23= Nick O’Malley £7m New
23= 17= Ed Sheeran £7m up £2m
23= 8= Oritsé Williams £7m up £1m
32= 8= Lily Allen £6m No change
32= 8= Nadine Coyle £6m No change
32= 8= Duffy £6m No change
32= 8= James Morrison £6m No change
32= Paolo Nutini £6m New
32= 8= Nicola Roberts £6m No change

                                                                                                                

 

The 26th annual Sunday Times Rich List – the definitive guide to wealth in Britain and Ireland – is published on May 18 in a special 116-page issue of The Sunday Times Magazine, which profiles the 1,000 richest individuals and families in the UK and the wealthiest 250 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 2014 is compiled by Philip Beresford, the leading authority on British wealth, and edited by Ian Coxon.

Credit to The Sunday Times.