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Ed Sheeran snags a fortune despite not making music

Ed Sheeran snags a fortune despite not making music
/ © Cover Media

Ed Sheeran reportedly earned over $89.3 million (£66 million) between 2019 and 2020, despite taking a break from music.

The Castle on the Hill hitmaker recently returned to music with his new single Afterglow following a year away from the studio and the spotlight, but it has now been revealed his bank account swelled during his time off.

According to The Sun, documents filed at Companies House in the U.K. suggest Nathan Cable Touring - the singer's company -recorded a turnover of more than $94.7 million (£70 million) and profits of $50 million (£37 million) for the financial year ending 31 March 2020.

Additionally, Ed Sheeran Ltd, which receives profits from the writing, recording and production of his music, made a $39.2 million (£29 million) profit.

That means Ed raked in a whopping £66 million between April 2019 and March 2020.

Ed's impressive profits follow his record-breaking Divide tour, which he wrapped in Ipswich in August 2019. The tour became the highest-grossing music tour in history, grossing $821.4 million (£607 million) over 255 shows.

Meanwhile, Ed has been as busy as ever on his year off - in September he announced the birth of his daughter, Lyra.

 

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