Paul McCartney Is The Richest Music Maker in UK
04/27/2012
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Sunday Times sent us over this preview of their music millionaires list which will be published in a special edition of the paper this Sunday: Sir Paul McCartney, Britain's richest performer, moves up to third place in the latest Sunday Times Rich List Music Millionaires Top 50, thanks largely to his marriage in October to Nancy Shevell.. The chart of The Top 50 Music Millionaires in Britain and Ireland is included in The Sunday Times Rich List 2012, the definitive annual guide to wealth in Britain and Ireland to be published in an extra 104-page magazine free with The Sunday Times this weekend. The richest sportsmen will appear in The Sunday Times Sport Rich List 2012 published on May 6. Additional guides to wealth will appear at thesundaytimes.co.uk/richlist from April 29, with the Richest 2,000 people in Britain available from May 13. The family fortune of Sir Paul McCartney has gone up by £170m in a year – from £475m to £665m – thanks largely to the personal wealth of his new wife Nancy Shevell, who has a £150m stake in New England Motor Freight, the haulage business led by her father. Nancy Shevell is vice-president of the New Jersey-based business. Performing and album sales account for the other £20m added to the McCartney fortune in the last year. David and Victoria Beckham have seen their joint fortune rise by £25m, to £190m, in the last twelve months to put them in the top 10 of the Music Millionaires chart. Former Spice Girl Victoria's clothing and accessories company was named designer brand of the year at the 2011 British Fashion awards. Husband David has boosted his earnings off the pitch by a further £4m with a new bodywear contract from H&M. The continued popularity of Coldplay has helped to boost the joint wealth of Chris Martin and Gwyneth Paltrow, who also join the ranks of Britain's 1,000 richest people for the first time with a £72m fortune. This year The Sunday Times Rich List Music Millionaires Top 50 includes the wealthiest performers from the Republic of Ireland, where the four members and manager of U2 have seen their combined fortune rise by £59m to put them in fifth spot. Daniel Ek, the Swedish founder of the digital music download sevice Spotify, joins the Beckhams in the Music Top 10, also with a £190m fortune. The Spotify business is valued at £1.2 billion. Ek, a London-based Arsenal supporter, has a stake worth £190m in the popular music download service which he started in 2008 and was launched in America last year. THE SUNDAY TIMES RICH LIST 2012 THE TOP 50 MUSIC MILLIONAIRES IN BRITAIN AND IRELAND Music rank Name 2012 wealth 2011 wealth 1 Clive Calder £1,350m £1,300m 2 Sir Cameron Mackintosh £725m £675m 3 Sir Paul McCartney and Nancy Shevell £665m £495m 4 Lord Lloyd-Webber £590m £680m 5 U2 £514m £455m 6 Simon Fuller £375m £375m 7 Simon Cowell £225m £200m 8 Sir Elton John £220m £195m 9 Michael Flatley £192m £214m 10= David and Victoria Beckham £190m £165m 10= Daniel Ek £190m New 10= Sir Mick Jagger £190m £190m 13= Olivia and Dhani Harrison £180m £170m 13= Sting £180m £180m 15 Keith Richards £175m £175m 16 Jamie Palumbo £170m £150m 17 Denis and Caroline Desmond £165m £185m 18 Ringo Starr £160m £150m 19 Sir Tim Rice £144m £143m 20 Sir Tom Jones £140m £140m 21 Eric Clapton £130m £125m 22= Roger Ames £120m £120m 22= Rod Stewart £120m £115m 22= Roger Waters £120m £105m 25 Phil Collins £115m £115m 26= David Bowie £100m £100m 26= George Michael £100m £90m 26= Robbie Williams £100m £90m 29 Ozzy and Sharon Osbourne £95m £95m 30 Brian May £90m £85m 31 Enya £86m £85m 32= David Gilmour £85m £85m 32= Roger Taylor £85m £80m 32= Charlie Watts £85m £85m 35= Chris Blackwell £80m £80m 35= Robert Plant £80m £80m 37 Jimmy Page £75m £75m 38 Chris Martin and Gwyneth Paltrow £72m £48m 39= John Deacon £70m £65m 39= Chris Wright £70m £70m 41 Moya Doherty and John McColgan £68m £70m 42= Noel and Liam Gallagher £65m £63m 42= Engelbert Humperdinck £65m £60m 42= Mark Knopfler £65m £62m 45 Judy Craymer £63m £62m 46= Nick Mason £55m £55m 46= Martin Mills £55m New 48 Sir Cliff Richard £52m £50m 49= Gary Barlow £50m £38m 49= Brian Johnson £50m £50m 49= Van Morrison £50m £50m The 24th annual Sunday Times Rich List – the definitive guide to wealth in Britain and Ireland – is published on Sunday, April 29 in an extra 104-page magazine, which profiles the 1,000 richest people and families in the UK and the 250 wealthiest in the island of Ireland. The list is based on identifiable wealth (land, property, other assets such as art and racehorses, or significant shares in publicly quoted companies), and excludes bank accounts (to which the paper has no access). The official guide will be in the Sunday Times on April 29, and it can be viewed online here.
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