Ed Sheeran Net Worth and how he spends his millions

Full nameEdward Christopher Sheeran
BirthdayFebruary 17, 1991
Age31
Ed Sheeran net worth£260 million ($300 million)
Source of wealthMusic
Marital statusMarried (Cherry Seaborn)
EducationHigh School
ResidenceFramlingham, Suffolk, United Kingdom
Nickname(s)Teddy

According to The Sunday Times, Ed Sheeran is the 10th wealthiest musician in the UK with a net worth of about £260 million ($300 million). He has seen his wealth grow by about £40 million ($47 million) over the past year.

The singer has made most of his fortune from music. He’s one of the best-selling musicians in the world having sold over 150 million records globally. Sheeran also makes quite a pretty penny from touring. His third concert tour, ÷ (divide) tour of 2019 grossed a jaw-dropping $776 million. Ed has also written music for other artists including Taylor Swift, Rita Ora, Justin Bieber, and One Direction.

This is how Ed Sheeran makes and spends his millions. But first, let’s take a look at some of the highlights of his career.

Early life

Edward Christopher Sheeran was born on 17 February 1991 in Halifax, West Yorkshire, England to John, an art curator and lecturer, and Imogen, a jewelry designer. He was brought up in Framlingham, Suffolk after his family moved to the town when he was about 5. Sheeran attended Framlingham College Prep School and later joined Thomas Mills High School. He began singing at the age of four. He sang in a local church choir and learned to play the guitar at age eleven. Ed began writing songs while in high school.

Related: Adele’s net worth

Career highlights

Ed Sheeran began recording music when he was 13 and released his first EP titled Spinning Man. Four years later he moved to London where he would perform at small venues. The following year he enrolled at the Academy of Contemporary Music (ACM) in Guildford, Surrey to study music. He also worked with rap artist Just Jack and released his second EP titled You Need Me.

In 2010 Sheeran began posting videos on YouTube where he began to get noticed. He released three other EPs that year and in 2011, his fifth EP, No. 5 Collaborations Project, reached number 2 on Apple’s iTunes chart and sold more than 7,000 copies in its first week. At this time, Edward was not yet signed to any music label. Not so long after, he signed a recording deal with the American record label Asylum Records.

On 26 April 2011, Ed Sheeran performed his debut single “The A Team” on the BBC music show Later… with Jools Holland. A few weeks later, “The A Team” was released as a digital download in the UK and debuted at number three on the UK Singles Chart. It sold 58,000 copies in its first week and over 800,000 copies by the end of the year — becoming the best-selling debut single and the eighth best-selling single of 2011. It was also nominated for Song of the Year at the 2013 Grammy Awards.

Sheeran released his debut album + (plus) on 12 September 2011 — which topped the UK Albums Chart and became the second-best-selling debut album and the ninth best-selling album of 2011 — in the UK with sales of more than 791,000 copies. The following year, Sheeran won the Brit Awards for the British Breakthrough Act of the Year and the Best British Male Solo Artist.

In 2012 Ed co-wrote and provided vocals for “Everything Has Changed”, one of the songs on Taylor Swift’s fourth studio album Red. On June 23 2014 he released his second studio album, x (multiply) which peaked at number one in the UK, US as well as 13 other countries. It also reached the top five in seven other countries and was the best-selling album of 2014 in the UK, Ireland, New Zealand, and Australia.

In 2016, one of his singles, “Thinking Out Loud” from his second studio album won the Song of the Year and Best Pop Solo Performance Grammy Awards. X was the second best-selling album globally in 2015 after Adele’s third album 25. On 3 March the following year, Ed released his third studio album ÷ (divide) which topped album charts in 25 countries including the UK, US, Germany, and Australia. The album became the third fastest-selling globally after Adele’s 25 and Be Here Now by Oasis. It was also the fastest-selling album by a male artist in the UK with first-week sales of 672,000. On 29 October 2021 Sheeran released his fourth album titled = (equals) which was a commercial success as well reaching number one in a number of countries including the UK, US, Australia, Germany, and Sweden.

The singer has stated that Elton John, Bob Dylan, Joni Mitchell, The Beatles, Eminem, and Nizlopi were some of his biggest musical influences.

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Ed Sheeran has a net worth of £260 million. How does he make his millions?

Music

Ed Sheeran has made most of his millions from music and touring the world. He’s one of the best-selling artists in the world having sold more than 150 million records. His debut album, + has sold more than 4 million copies globally while his second studio album x has sold over 7.9 million copies worldwide. His third studio album ÷ has also sold more than 7.4 million copies internationally, including over 3 million copies in the UK alone.

The “photograph” singer has been featured on Forbes Celebrity 100 list several times. In 2015 he was ranked 27th on the list with earnings of about $57 million. In 2018 he was ranked 9th and in 2019 he was ranked 5th with $110 million. The following year he had $64 million in earnings and was featured at #23 on the list.

Sheeran is the most streamed artist on Spotify with more than 81 million monthly listeners. He’s the third most-streamed artist of all time on the platform having accumulated a total of about 36.6 billion streams. Ten of his songs have been streamed more than 10 billion times. Bearing in mind that the music streaming service pays $0.003 to $0.005 for every stream, Ed has probably made more than $100 million from Spotify alone in his career.

Touring

Like most other artists, Ed definitely makes millions from touring. His third concert tour, ÷ Tour which began on 16 March 2017 and ended on 26 August 2019 grossed a whopping $776.2 million from 260 shows and the sale of over 8.9 million tickets. It holds the world record for the highest-grossing concert tour of all time. This means that the singer pocketed close to $3 million from every show. His second tour The X Tour grossed $150 million from 180 shows. He took home close to $1 million after every show. The British singer is currently on his fourth concert tour, The +-=÷x Tour which kicked off in London on 21 March 2022 and is set to end on 12 March 2023 in Australia after 74 shows.

Other ventures

Apart from music and touring Ed also makes his millions from endorsing brands such as Heinz Tomato Ketchup. He also owns Gingerbread Man Records which he launched in 2015 in partnership with Warner Music Group. Ed’s label has produced music for artists such as Foy Vance, Jamie Lawson, and Maisie Peters. Sheeran also owns a bar called “Bertie Blossoms” in Notting Hill, London.

How Ed Sheeran spends his millions

Cars

Ed Sheeran has an impressive car collection. According to 21 Motoring, the singer owns or has owned close to a dozen different models. His most expensive ride is a Ferrari 812 Superfast worth about $365,000. He also owns a Ferrari 488 GTB that goes for about $284,000, a $190,000 Aston Martin DB9 as well as a Bentley Bentayga worth about $185,000. The pop singer also owns a Mercedes-AMG G63 worth about $160,000 and an Audi Q7. His least expensive ride is a $27,000 Mini Cooper S.

Real estate

According to the Evening Standard, Ed has a real estate portfolio worth about £61 million ($72 million). This includes about 30 apartments, houses, and mansions in London. The singer spends most of his time in his hometown of Framlingham, Suffolk in his 16-acre property nicknamed “Sheeran-Ville” — which he bought back in 2012 for about £895,000 ($1 million).

ed-sheeran-estate-in-framlingham-suffolk
Ed Sheeran lives in this multi-house 16-acre compound in Framlingham, Suffolk, UK. It has a gym and pool, a farmhouse, a pub, a four-car garage, a 26-square-foot treehouse, a wildlife pond among other amenities.

The compound has multiple houses including a modern home worth about £850,000 ($1 million), a 16th-century farmhouse that he bought for £450,000 ($500,000), a £525,000 ($620,000) bungalow, and a £925,000 ($1.1 million) four-bedroom house. Sheeran continues to expand the compound by buying nearby houses. The compound also features a 26-square-foot tree house, a £500,000 ($600,000) designer pond, a hot tub, a pub, as well as a swimming pool.

The ”Shape of You” singer owns a £19.8 million ($23.6 million) mansion in Notting Hill, where he shot the video for the song “Put It All On Me”. He bought the property in 2018 and reportedly acquired two homes next door as well, to avoid any complaints about noise from his neighbors. He also owns apartments in Covent Garden, Battersea, and Whitechapel.

Philanthropy

Sheeran loves giving back to the community. In 2019 he founded his own music foundation, Ed Sheeran Suffolk Music Foundation to give small grants to young music artists, under the age of 18. In 2020 he gave £170,000 ($200,000) to his former high school, Thomas Mills in Framlingham, Suffolk. He has also reportedly donated more than £1 million ($1.1 million) to local charities in Suffolk since the beginning of the Covid-19 pandemic.

Relationships

Ed Sheeran is married to his former high schoolmate and childhood friend Cherry Seaborn. The couple began dating in July 2015 and got engaged two-and-a-half years later, in January 2018. They got married in January 2019. In August 2020 they got their first child. On 19 May 2022, the couple welcomed their second daughter. Ed Sheeran wife has a net worth of about $3 million.

ed-sheeran-with-wife-cherry-seaborn
Ed Sheeran and his wife Cherry Seaborn. The couple began dating in 2015 and got married in 2019. They have two daughters.

In 2012 Ed briefly dated Nina Nesbitt, a singer, and songwriter from Scotland. They broke up the same year. Between 2014 and early 2015, the singer was in a relationship with Athina Andrelos. Sheeran and Taylor Swift are close friends. He’s a fan of Ipswich Town, his local football club.

Summary and quotes

Ed Sheeran has a net worth of about £260 million ($300 million). He’s one of the most successful and richest musicians in the UK. Here are some quotes by Ed.

  • “The main thing that you have to remember on this journey is, just be nice to everyone and always smile.”
  • “Growing up, I was inspired by The Beatles and Bob Dylan. Damian Rice was a huge influence for me musically.”
  • “Be original; don’t be scared of being bold!”
  • “I think I need to accept the fact that I am where I am today because fans have shared my music illegally and legally, but I wouldn’t be here today without the Internet, so I can’t speak out against it.”

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