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One Direction’s Zayn Malik joint fourth in Sunday Times’ young Rich List
Bradford pop star Zayn Malik has been listed as one of the wealthiest young stars in the music world with a fortune estimated at £14 million.
The One Direction heart-throb and his four bandmates are joint fourth in the Sunday Times Rich List’s countdown of the biggest financial successes in music aged 30 and under.
Zayn – alongside Niall Horan, Liam Payne, Harry Styles and Louis Tomlinson – is behind only Adele (£45million), Calvin Harris (£30million) and Cheryl Cole (£16million).
Last year he was 17th in the list, with an estimated fortune of £5million. His success takes him ahead of Leona Lewis and Marcus Mumford and his wife Carey Mulligan.
One Direction are thought to have seen their finances swell by £9 million in the past 12 months, which has seen them tour, release a movie and a third album.
Their inclusion in the upper reaches of the list has edged out regular faces such as Katie Melua and Charlotte Church.
Melua slipped from last year’s joint third spot to number 11, while Church dropped from sixth to 15th.
Zayn, of East Bowling, and his bandmates shot to stardom after finishing runners-up on The X Factor in 2010.
They are currently in the middle of a world tour, have won numerous awards and performed at the closing ceremony of the 2012 Olympics Games in London. They have signed commercial deals with firms such as Pepsi.
Pop queen Adele has seen her fortune swell by about 50 per cent in a year when she released no new material.
Superstar DJ Harris has had a string of major hits with nine top singles from his latest album 18 Months and has worked with acts such as Cheryl Cole, Rihanna and LMFAO.
The former shelf-stacker is said to be able to command £100,000 for a night's work as a DJ in Las Vegas.
The full Rich List, compiled by Philip Beresford, is published in this weekend’s edition of The Sunday Times.