Ex-Beatle joins Lloyd Webber at top of Rich List
ANDREW LLOYD Webber is expected to take a £20m hit to his fortune but has still managed to top a poll of the nation’s wealthiest musicians along with Sir Paul McCartney.
The 72-year-old composer stands to lose millions of pounds due to the closure of his theatres in the West End and on Broadway, according to the Sunday Times Rich List.
However, he still tops the list of wealthiest musicians along with Sir Paul, 77, with a calculated wealth of £800m. He topped the list alone in 2019, with a fortune of £820m. The Beatle’s wealth has risen year on year, up from £750m last year.
Rolling Stone Sir Mick Jagger is in fifth place on the list with £285m, while Olivia and Dhani Harrison, the widow and son of Beatle George Harrison, share the sixth spot with Sir Mick’s bandmate Keith Richards with fortunes of £270m.
The bulk of our 1,000 entries are now self-made people.
Robert Watts, who compiles the Sunday Time Rich List.
Barbadian singer Rihanna has joined the ranks of Britain’s super-rich, as a new entry on the list in third place.
Now based in London, the 32-year-old she has amassed a fortune of £468m. She has parachuted into the list ahead of Sir Elton John.
Robert Watts, who compiles the list, said: “Rihanna typifies the seismic change we’ve seen in the Rich List in recent years. “Once dominated by inherited wealth, the bulk of our 1,000 entries are now self-made people with modest and even troubled starts in life who are driven to work exceptionally hard.” Yorkshire-born Ed Sheeran’s gruelling touring schedule has boosted his fortune by £40m to £200m, and he shares the 10th spot with Sir Rod Stewart and Sting.
■ The Sunday Times Rich List will be published this weekend.