Friday 20 May 2022 05:04 PM Sir Paul McCartney is the UK's richest musician with a £865M fortune trends now
Sir Paul McCartney has topped the list of Britain and Ireland's richest musicians.
The 79-year-old Here Comes The Sun singer has a personal fortune worth £865 million, which is up £45 million from last year thanks to his COVID-delayed Got Back tour and The Beatles: Get Back documentary.
As ranked by The Sunday Times Music Rich List, Irish rockers U2 take second place with an overall worth of £625 million, while composer Andrew Lloyd Webber sits in third position with £495 million.
Kerching! Sir Paul McCartney has topped the list of Britain and Ireland's richest musicians. The 79-year-old Here Comes The Sun singer has a personal fortune worth £865 million
The Cats composer is followed on the list by Sir Elton John, who has seen his fortune increase by £20 million over the last 12 months, meaning he's now worth £395 million.
Despite a rise in his personal fortune, the theatre producer's royalties took a massive £10 million hit during the last financial year.
His musical royalties plunged from almost £13 million to less than £3 million, according to newly filed accounts for Really Useful Group Investments, the umbrella company in charge of his musical empire.
Beautiful Payday: As ranked by The Sunday Times Rich List, Irish rockers U2 take second place with an overall worth of £625 million (L-R Bono, The Edge, Larry Mullen and Adam Clayton)
The composer came under fire earlier this month when it emerged the entire cast of his latest West End show, Cinderella, were sacked just minutes after a matinee performance, with future cast members claiming they only found out via social media.
The production was said to be losing as much as £100,000-a-week at its worst periods - meaning losses spiralled to some £2million.
Sources said it would be 'unsustainable' for Really Useful Group, to have kept the show going after suffering heavy losses during the pandemic, particularly when performances were suspended during the Omicron wave over Christmas.
Controversy: Composer Andrew Lloyd Webber sits in third position with £495 million after it emerged the entire cast of his latest West End show, Cinderella, were sacked just minutes after a matinee performance
Meanwhile, the top four places on the Sunday Times Rich List are unchanged from 2021. However, Sting has climbed from ninth to fifth, having earned as much as £100 million over the last year.
The 70-year-old musician - who had a residency at Caesars Palace in Las Vegas in 2021 and sold his music rights to Universal Music earlier this year is now worth £320 million.
Elsewhere, Rolling Stones stars Sir Mick Jagger (£318 million) and Keith Richards (£303 million) are listed in sixth and seventh places, respectively.
Olivia Harrison, the widow of Beatles icon George Harrison, and their 43-year-old son Dhani Harrison are now worth £295 million, while Sir Ringo Starr's fortune has been listed at £285 million.
Britain's next billionaire? The top ten is rounded out by Ed Sheeran, who is notably younger than the people above him
The top ten is rounded out by Ed Sheeran, who is notably younger than the people above him.
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