If you’re ever in need a loan, you’d do worse than to ask singer Ed Sheeran for a tenner.
The 28-year-old Shape Of You singer paid himself a whopping £17.1 million last year.
And, if you’re sitting down, that equates to about £47,000 a day.
Yes, it appears life is good for Ed, who married his childhood sweetheart Cherry Seaborn in a top-secret winter wedding last year.
Ed Sheeran Limited, one of the singer’s companies, turned over £32,645,445 in 2018, with pre-tax profits of £23,770,262.
While his £4.5m tax bill took away a sizeable chunk, Ed still had the funds to open his own pub in London’s trendy Notting Hill last month.
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And he’s currently in the process of buying his entire village in Suffolk.
However, it’s not all good news for the star as his profits are down £4m on 2017.
In the financial reported, dated December 31 2018, Ed states: “The performance of the company is measured by reference to turnover and the level of artist activity.”
It added: “Revenue during the year remained stable on the prior year due to the continued exploitation of music recording and songwriting.”
Looking forward, it said: “The company’s turnover is expected to remain strong but it will be dependent on the artist’s continued success.”
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However, after his mammoth Divide world tour came to an end in the summer, Ed announced a temporary hiatus from performing.
So will his profits take a hit in the 2020 report?
He said: “I’ve been on the Divide tour for over two years now and this is the last day of the whole thing. There is something very bittersweet about it.”
He added: “This is my last gig for probably 18 months.”
Perhaps he’ll spend his free time updating his cats’ Instagram account!
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