Ed Sheeran named the richest person under 40 in the East of England
He's also the richest young musician in the UK
Ed Sheeran's been named the richest young musician in the UK.
The popstar, who grew up in Suffolk has also been named the richest person under 40 in the East of England, according to this year's Sunday Times Rich List, after paying himself £62 million for the first half of his Mathematics world tour.
This took his total wealth to £340 million.
Elsewhere, Sir James Dyson, who has just launched a £600 electric mop, is the richest person in the East of England.
The inventor, who went to school in Norfolk, has a value of £20.8 billion - which is down £2.2 billion on last year.
This year's list reveals the largest fall in the billionaire count in the guide’s 36-year history, from a peak of 177 in 2022 to 165 this year.
This year’s list of 350 individuals and families together hold combined wealth of £795.361 billion — a sum larger than the annual GDP of Poland.
Sir Elton John, Lord Lloyd-Webber and David and Victoria Beckham all also appear in the annual survey.
"Britain’s billionaire boom has come to an end"
Robert Watts, compiler of the Sunday Times Rich List, said: “This year’s Sunday Times Rich List suggests Britain’s billionaire boom has come to an end.
"Many of our home-grown entrepreneurs have seen their fortunes fall and some of the global super rich who came here are moving away.
“Thousands of British livelihoods rely on the super-rich to some extent. We’ll have to wait and see whether we have now reached peak billionaire, and what that means for our economy.
“These may be harder times to create wealth, but The Sunday Times Rich List continues to unearth entrepreneurs building fortunes in diverse and often surprising ways. This year’s new entries include people who have made money from artificial intelligence and virtual worlds as well as plumbing supplies and teaching aides.
“We know many of our readers find such people — especially those from humbler backgrounds — very inspiring.”