Ed Sheeran beats Adele on Rich List after doubling his wealth in just a year

Topping the list is Andrew Lloyd-Webber and his whopping £820 million, while McCartney (£750m), U2 (£583m), Elton (£320m) and Sir Mick Jagger (£275m) make up the top five respectively.

Ed, meanwhile, bags the number one spot when it comes to the list of wealthiest young musicians, while Harry Styles is the second wealthiest and Niall Horan comes in third.

In fact, the top 10 is pretty much dominated by the One Direction boys, as Louis Tomlinson is fifth, Liam Payne sixth and Zayn Malik seventh.

News of Ed’s hot new price tag comes after he recently announced a collaboration with Justin Bieber and pretty much the whole world lost it.

The boys have come together for new single I Don’t Care and the track is set for release on Friday.

Fans have already dubbed the duo ‘magic-in-the-making’, with one excitedly penning on Twitter: ‘I can’t sleep, and I just found out Ed Sheeran and Justin Bieber are going to release a new song on Friday! Ooooh I’m excited for this!’

It’s not just Biebs that Ed has been working with lately, as Stormzy revealed he always calls on Ed for advice when it comes to his new releases.

So much so, that the Blinded By Your Grace rapper claimed he’d ‘faint’ if Ed didn’t approve of his new album.

‘Ed’s like my brother but he’s also… him being where he is in his career, he’s always someone I’m looking to for inspiration, do you know what I mean?’ Stormzy told Capital Breakfast.

‘So I always hit him up. Even towards the end of my album process I hit him up and let him know where I was with it.’

Asked what he’d do if Ed wasn’t so keen, Stormzy joked: ‘Oh flipping heck, I’m gonna faint man! If Ed doesn’t like it then I know I’m not on good waters!’

Ol’ Ed really is in demand these days.

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