Ed Sheeran is worth £35 million after earning a reported £7.7 million last year. Photo: Filed
Ed Sheeran is said to have earned £7.7 million last year from record sales and touring.
The 24-year-old singer, who released five singles from his latest album ‘x’, including his first UK number one song ‘Sing’, is said to have recouped a huge £5.6 million from selling his records and made an additional £2.1 million from being on the road.
According to the Daily Mirror newspaper, the flame-haired star’s successful year means he could be hit with a tax bill for as much as £1.8 million.
Ed made £6.9 million last year after channelling £5.1 million through one company.
What’s more, his debut album ‘+’ has gone multi-platinum and follow up ‘x’ – pronounced ‘multiply’, topped the US and UK charts following its 2014 release.
Last year, the singer/songwriter revealed he pays himself an allowance of £1,000 a month to ensure he doesn’t spend all of his month at once.
He said: ‘I’ve not upgraded because I don’t spend much money.
If I had all my money in one account I would spend all of it, so I get an allowance. Maybe a grand. I spend most of it on taxis!’
Ed is currently making more money as he’s touring Australia and New Zealand, and played at the Allianz Stadium in Sydney on Wednesday December 9, 2015 with Sir Elton John.
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Source:: The NET
