ONE DIRECTION REVEALED AS RICHEST BOYBAND IN BRITISH MUSIC HISTORY (and their boss Simon Cowell is now worth £300M): Just four years ago, they were five unknown lads auditioning for a talent show, but One Direction have now been revealed as the richest boyband in British music history, with a combined wealth of £70 million. Each member of the five-piece group, who achieved fame as runners-up on the X Factor in 2010, is now worth £14 million according to the Sunday Times’ list of richest musicians aged 30 and under. Their record label boss Simon Cowell has seen his fortune grow to £300 million. The huge success of a recent world tour, DVD and merchandise sales, and a series of lucrative endorsement deals have seen the personal fortunes of Niall Horan, Liam Payne, Harry Styles, all 20, Zayn Malik, 21, and Louis Tomlinson, 22, rocket by £9 million each over the past year – a total of £45 million. One Direction’s phenomenal success in America has also helped swell their bank accounts. But the group still have some way to go before they can match the success of all-male British groups in other categories, such as rock band Coldplay. The four members are estimated to have amassed £200 million between them. Boyband JLS, who finished as runners-up on the X Factor in 2008, are said to be One Direction’s nearest competitors with the four members’ combined wealth totalling £28 million. The wealthiest young musician is 26-year-old Adele, who is worth £45 million. Scottish DJ Calvin Harris, 30, takes second place, with £30 million, while former Girls Aloud singer and X Factor judge Cheryl Cole, also 30, is in third place with £16 million. Sunday Times Rich List editor Ian Coxon said of One Direction: The group performed 136 shows in 78 cities in 2013, which generated box office revenues of $114 million. They played to total audiences of just under 1.5 million people. They’ve had top-selling albums, sell-out tours, DVDs, a book and they have even endorsed a perfume. There hasn’t been another boyband who have made so much money so quickly. Whether they will carry on at the same rate is anybody’s guess. Source: dailymail.co.uk/tvshowbiz/article-2628727/One-Direction-earn-45m-year-Boyband-revealed-richest-British-music-history-boss-Simon-Cowell-worth-300m.html
Posted on: Thu, 15 May 2014 12:17:41 +0000
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