Adele, Ed Sheeran, Harry Styles and Rita Ora on rich list for UK and Ireland musicians under 30

Adele, who recently celebrated her 30th bithday, remained on the top spot with an estimated wealth of £140m

Adele is the richest musician from the UK and Ireland under 30 (Getty)

Ed Sheeran, Calvin Harris and Rita Ora have all enjoyed a move up the Sunday Times "Rich List" for UK and Ireland following success on the charts last year.

Sheeran raked in a whopping £28m - taking his total estimated wealth to £80m - following the release of his record-breaking album Divide and a global tour.

According to the paper, singer Adele, who celebrated her 30th birthday this month, is worth £140, which kept her at the top of the rich list for young artists.

DJ and producer Calvin Harris was the only new entry on the top 20 with £140m, up by £20m. Rita Ora joined the list of wealthiest musicians under 30 with £16m, thanks to four top UK singles in the past 12 months, plus appearances in the Fifty Shades film franchise and deals with Adidas, Rimmel, Marks & Spencer, DKNY, and lingerie firm Tezenis.

See the top 10 richest musicians under 30 below:

Richest UK and Ireland musicians under 30

Rank	Name	Estimated wealth	Annual earnings
1	Adele	£140m	Up £15m
2	Ed Sheeran	£80m	Up £28m
3	Harry Styles	£50m	Up £10m
4	Niall Horan	£46m	Up £6m
5	Liam Payne	£42m	Up £2m
6	Louis Tomlinson	£42m	Up £2m
7	Little Mix	£40m	Up £16m
8	Zayn Malik	£35m	No change
9	Sam Smith	£24m	Up £4m
10	Jessie J	£18m	Up £1m

Robert Watts, who is responsible for compiling the Sunday Times Rich List, said: "For years our music millionaires list has been dominated by older acts, such as the Rolling Stones and Sir Elton John, who have an older audience able to pay a premium to see their favourite acts.

"But some of the biggest risers over the past year have been amongst younger acts such as Ed Sheeran, Adele and Calvin Harris.

"Streaming services, the internet and income from endorsements are helping today's young musicians build an international following - and with it their fortunes - far quicker than the older rockers."