English singer-songwriter, Ed Sheeran is set to be a billionaire before he turns 30 in 2021.
According to Daily Mail, the 28-year-old pop star has acquired a fortune and has millions rolling into his bank account each week following his Divide tour, which earned him close to £500 million.
Ed is expected to earn more than £100million over the next three months of his tour, meaning he’ll surpass U2’s record of £579.35 million made during their 2009-11 run of shows.
Reflecting on Ed’s success, music industry expert Mark Borkowski said, ‘the man who was sleeping on the streets is now a man who is going to be a billionaire. Above all, this shows just how potent live music is nowadays.
‘It’s the one that generates the money. The music business has moved on with labels having to be more savvy and Ed clearly has a team that knows what it’s doing.’
PR guru Marcel Knobil thinks Ed’s popularity can be linked to his humble persona and ‘raw talent’.
He said ‘Ed is an extremely talented individual who demonstrates it is not always about the packaging but about the perfect product.