The rise of the Gen-Z millionaire: How more Brits under 30 are earning over ... trends now
More Brits under 30-years-old are earning over £1million a year than ever before - with young footballers and pop singers among the richest.
Rising pay for media stars and sport players is partly behind the hike in number of young millionaires.
The number of 30-year-olds in the UK with an annual income of over £1million has reached a five-year high of 830 in 2022/2023.
This is an increase from 770 in 2021/2022, research by accountancy firm Lubbock Fine found.
Pop sensation Dua Lipa, 28, has an estimated worth of £75million according to The Sunday Times young rich list, after kicking off her music career in 2017.
The number of 30-year-olds in the UK with an annual income of over £1million has reached a five-year high of 830 in 2022/2023. Pictured: Dua Lipa who has an estimated worth of £75million
This is an increase from 770 in 2021/2022, according to research by accountancy firm Lubbock Fine. Pictured: Niall Horan who is estimated to be worth £54million
Rising pay for media stars and sport players, like Raheem Sterling (pictured) - worth £61million - is partly behind the hike in number of young millionaires
The London-born singer is one of the wealthiest musicians under 30 and she built her cash from her music, modelling and podcasting.
Another young adult to have made a fortune from the music industry is Niall Horan, 30, who launched his career in 2010 with One Direction.
He is estimated to be worth £54million and was previously a coach on The Voice in America where he was reportedly earning at least £6million.
A Premier League footballer's average salary has hit £3.6million a year, Lubbock Fine said.
In the sports world, Raheem Sterling, 29, is one of the highest paid players under 30, and is reported to be worth £61million.
Sterling signed from Manchester City in July 2022 for £47.5million and is under contract until 2027 on a £300,000-per-week wage.
Johnny Boufarhat, 29, is on The Sunday Times Rich List and became Britain's youngest self-made billionaire after launching an online events firm at the start of lockdown.
He developed the video-conferencing app Hopin while he was struck down in bed with an auto-immune disease.
The Manchester University graduate now
