The Sunday Times has unveiled its list of the richest musicians in the UK for 2018.

At No.1 Sir Paul McCartney, who is said to be worth £820 million, up £40m on the previous year, when valued alongside his wife Nancy Shevell, making him the richest musician in the history of the Rich List.

McCartney, who collected his Companion Of Honour medal at Buckingham Palace last week for his contribution to music in the UK and worldwide, has also benefited from the deal that made The Beatles’ 13 albums available on streaming services in 2015. His £40m rise in net wealth is split equally between revenue from The Beatles’ songs and income from a 37-date tour that took in Japan, Brazil, Mexico, Australia and the United States, grossing £100m at the box office.

In second and third place are Lord Lloyd Webber and U2 with wealth figures of £740m and £569m respectively. Sir Elton John, in fourth place, is the only other musician alongside McCartney to appear in the very first Sunday Times Rich List in 1989. Sir Elton is now worth £300m, £10m up on last year.

Adele retains her title as the richest young musician for the second year running, increasing her wealth by £15m to £140m, £60m clear of second placed Ed Sheeran.

Robert Watts, compiler of The Sunday Times Rich List 2018, which will be published on Sunday, May 13. said: “For years our music millionaires list has been dominated by older acts, such as the Rolling Stones and Sir Elton John, who have an older audiences able to pay a premium to see their favourite acts. But some of the biggest risers over the past year have been amongst younger acts such as Ed Sheeran, Adele and Calvin Harris.  

“Streaming services, the internet and income from endorsements are helping today’s young musicians build an international following – and with it their fortunes – far quicker than the older rockers. We think it won’t be long before some of these relative newcomers will surpass the wealth racked up by rock legends who in some cases have been on stage for nearly half a century.”

The full music lists are as follow. 

Musicians Rank

 

2018

Name

2018 wealth

Wealth increase/

decrease

1

Sir Paul McCartney and Nancy Shevell

£820m

Up £40m

2

Lord Lloyd-Webber

£740m

No change

3

U2

£569m

Up £21m

4

Sir Elton John

£300m

Up £10m

5

Sir Mick Jagger

£260m

Up £10m

6

Keith Richards

£245m

Up £10m

7

Olivia and Dhani Harrison

£230m

Up £20m

8

Sir Ringo Starr

£220m

Up £20m

9

Michael Flatley

£202m

Up £2m

10

Sting

£190m

Up £5m

11

Sir Rod Stewart

£180m

Up £10m

12=

Eric Clapton

£175m

Up £5m

12=

Roger Waters

£175m

Up £10m

14

Robbie Williams

£165m

Up £15m

15

Sir Tom Jones

£163m

Up £3m

16

Sir Tim Rice

£152m

No change

17

Ozzy and Sharon Osbourne

£145m

Up £5m

18=

Adele

£140m

Up £15m

18=

Calvin Harris

£140m

Up £20m

18=

Charlie Watts

£140m

Up £10m

21

Brian May

£135m

Up £10m

22

Roger Taylor

£130m

Up £10m

23

Jimmy Page

£125m

Up £20m

24

Phil Collins

£120m

Up £10m

25

David Gilmour

£115m

Up £5m

26=

John Deacon

£105m

Up £5m

26=

Robert Plant

£105m

Up £2m

28

Enya

£104m

Up £5m

29

Chris Martin

£94m

Up £14m

30

Nick Mason

£92m

Up £2m

31=

Guy Berryman

£82m

Up £12m

31=

Jonny Buckland

£82m

Up £12m

31=

Will Champion

£82m

Up £12m

31=

Pete Townshend

and Rachel Fuller

£82m

Up £12m

35=

Gary Barlow

£80m

Up £5m

35=

Ed Sheeran

£80m

Up £28m

37=

Sir Barry Gibb

£75m

No change

37=

Mark Knopfler

£75m

No change

37=

Ronnie Wood

£75m

Up £10m

40

Engelbert Humperdinck

£72m

Up £2m

 

Wealthiest Young Musicians

 

Musicians Rank

 

2018

Name

2018 wealth

Wealth increase/

decrease

1

Adele

£140m

Up £15m

2

Ed Sheeran

£80m

Up £28m

3

Harry Styles

£50m

Up £10m

4

Niall Horan

£46m

Up £6m

5=

Liam Payne

£42m

Up £2m

5=

Louis Tomlinson

£42m

Up £2m

7

Little Mix

£40m

Up 16m

8

Zayn Malik

£35m

No change

9

Sam Smith

£24m

Up £4m

10

Jessie J

£18m

Up £1m

11=

Winston Marshall

£16m

Up £1m

11=

Rita Ora

£16m

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