Sam Smith has managed to earn enough from album royalties and performance fees to find himself on the Sunday Times’ Rich List.
The openly gay singer Sam Smith has managed to reach the top 10 in this the Sunday Times’ Rich List for the 10 richest musicians under 30. He joins Harry Styles who is at number 3 under Adele and Ed Sheeran.
According to the experts, Sam Smith’s personal wealth grew by £8million thanks to his songwriting royalties and album sales. The increase takes his net worth to £20 million. Harry Styles’ personal wealth also grew by £8 million, which takes his net worth to £33 million.
Meanwhile in the Sunday Times Rich List Sir Elton John is the only openly gay listee to make it into the top 10. He remains at number 4 on the list with a net worth of £280 million. George Michael drops one place from 21 to 22.
David Bowie’s widow Iman Abdulmajid and son Duncan Jones enter the list after inheriting his fortune.
The 2016 Sunday Times Rich List – the definitive guide to wealth in Britain and Ireland – is published on Sunday, April 24. The 148-page special edition of The Sunday Times Magazine is the biggest issue of the Rich List ever published since it first appeared in 1989. It charts the wealth of the 1,000 richest people in the UK and the 250 richest 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 is compiled by Philip Beresford and Robert Watts, and edited by Ian Coxon. The complete list will be available to all the paper’s digital members and will be fully-searchable online at thesundaytimes.co.uk/richlist