Adele Tops Young Musicians ‘Rich List’ After Success of ‘25’ Album


Adele’s best-selling album “25” added 30 million pounds ($43 million) to the London-born singer’s fortune, putting her on 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 pounds, lifting her to 30th place in the paper’s 2016 list of wealthiest performers and composers in Britain and Ireland.

Paul McCartney topped 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 pounds, a rise of 30 million pounds from last year.

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

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

Singer/songwriter, Ed Sheeran, also 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 which inherited 70 million pounds from his will was also a new addition to the list with a combined fortune of 90 million pounds.

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-pound 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 pounds, 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.