Dua Lipa and Harry Styles named in Sunday Times first 40 Under 40 Rich List
By Hannah Roberts, PA Entertainment Reporter
Harry Styles and Dua Lipa are among a number of celebrities who feature in the first edition of The Sunday Times 40 Under 40 Rich List.
The news outlet has also published its annual rich list, which is included in a 76-page special edition of its Sunday magazine, revealing the wealth of the 350 richest individuals and families in Britain.
At the age of 33, and in 10th place on the 40 Under 40 list, is Shape Of You singer Ed Sheeran, who has been crowned the richest young musician in the UK with £340 million.
The next wealthiest UK pop star under the age of 40 is former One Direction member Styles, 30, who made his £175 million through music and film appearances.
The Brit award-winner, who appeared in Christopher Nolan’s Dunkirk, has also invested in Manchester-based music venue, Co-Op Live, which opened on May 14 following a number of setbacks.
The As It Was singer is placed joined 17th on the list alongside boxing star Anthony Joshua.
In the 19th spot is 16-time Grammy-winner Adele with £170 million.
The Tottenham-born singer began a residency at The Colosseum at Caesars Palace in Los Angeles in 2022, which will come to an end in November this year.
Joint 29th is actor Daniel Radcliffe and pop star Lipa, 28, with a respective £90 million.
Lipa, who will perform a headline slot at Glastonbury Festival in June, recently released her third studio album Radical Optimism which soared to the number one spot on the official UK albums chart.
Radcliffe, 34, made his millions when he shot to fame as a child star playing the title character in the Harry Potter film series, adapted from the novels created by JK Rowling.
Topping the list, which showcases British talent from music, sport, entertainment, and business, is Hugh Grosvenor, the seventh Duke of Westminster, with £10.1 billion.
The duke, who is Prince George’s godfather, inherited his title and a vast land and property portfolio at the age of 25.
The majority of the people on the 40 Under 40 list made their millions on their own, but nine were born into money, according to The Sunday Times.
The top nine on the list also feature in the main Sunday Times Rich List, where the minimum figure for entry is £350 million.
Robert Watts, compiler of The Sunday Times Rich List, said: “Despite the tougher business environment, we have many impressive entrepreneurial stories in this year’s Sunday Times Rich List.
“We know our readers are particularly fascinated by those from humbler backgrounds who start their own businesses, work hard and go on to build profitable businesses.
“Our 40 under 40 list includes individuals who have quickly built fortunes from fashion, vodka, sport, and increasingly the tech sector and AI.
“Many of these young guns are already employing hundreds of people and some will go on to be the future of the British economy.”
The 2024 Sunday Times Rich List charts the wealth of the 350 richest people in the UK and the list is based on identifiable wealth, including land, property, other assets such as art and racehorses, or significant shares in publicly quoted companies.
It excludes bank accounts, to which the outlet has said it has no access.
The 40 Under 40 List includes individuals with the biggest fortunes aged 40 or under as of May 1st this year.