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Adele: UK's richest young musician

Los Angeles - Adele has been named the UK's richest young musician.

The 24-year-old singer has topped the list of music millionaires under-30 in the Sunday Times' Rich List 2013 for a second consecutive year after amassing an estimated £30m fortune - a 50% increase on her £20m wealth in 2012 - thanks to the sales of James Bond theme tune Skyfall and her album 21.

Cheryl Cole is in second place with £14m, while Leona Lewis and Katie Melua - who both have a wealth of £12m each - make up the top five alongside Florence Welch (£9m) in the female-dominated list.

The first males to feature are JLS singers Marvin Humes, Aston Merrygold, JB Gill and Oritse Williams, who have a fortune of £6m each, behind Jessie J and Charlotte Church, who have amassed £8m.

Biggest UK music millionaire wealth

Girls Aloud singers Nadine Coyle and Nicola Roberts also have an estimated wealth of £6m each, as does Duffy - despite her last studio album, Endlessly, being released in 2010 - and James Morrison.

One Direction stars Harry Styles, Niall Horan, Zayn Malik, Louis Tomlinson and Liam Payne are new to the list after their worldwide success has seen them generate a combined net worth of £25m.

Their good friend Ed Sheeran and Emeli Sande - who sang at both the London 2012 opening and closing ceremonies - complete the list with their estimated £5m fortunes.

What's more, Sir Paul McCartney and his wife Nancy Shevell have the biggest UK music millionaire wealth with an estimated £680m fortune.

The Beatles legend - who has topped the list of wealthy musicians since 1989 - is followed by Lord Andrew Lloyd Webber (£620m), while U2's Bono makes up the top three with his estimated £520m wealth.

Sir Elton John (£240m) and the combined efforts of David and Victoria Beckham (£200m) and Rolling Stones frontman Sir Mick Jagger (£200m) make up the top five.

The 25th Sunday Times Rich List will be published on 21 April.

Young music millionaires in UK and Ireland:

1. Adele £30m
2. Cheryl Cole £14m
3. Leona Lewis £12m
3. Katie Melua £12m
5. Florence Welch £9m
6. Charlotte Church £8m
6. Jessie J £8m
8. Lily Allen £6m
8. Nadine Coyle £6m
8. Duffy £6m
8. Jonathan (JB) Gill £6m
8. Marvin Humes £6m
8. Aston Merrygold £6m
8. James Morrison £6m
8. Nicola Roberts £6m
8. Oritsé Williams £6m
17. Niall Horan £5m
17. Zayn Malik £5m
17. Liam Payne £5m
17. Emeli Sandé £5m
17. Ed Sheeran £5m
17. Harry Styles £5m
17. Louis Tomlinson £5m 

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