By Damilola Faustino
Ed Sheeran has been named the world’s highest-earning individual artist, worth $110m.
According to the newly-published Forbes Celebrity 100 list, which ranks the world’s highest-paid celebrities from June 2017 until June 2018, Sheeran is the ninth biggest earner.
He has jumped 62 places from last year and is ahead of the likes of solo musicians including Taylor Swift and Beyoncé in terms of overall earnings.
The 27-year-old, who last year released his number one album Divide and embarked on his world tour, earned 110 million US dollars over space of 12 months, according to Forbes.
However, Sheeran is not the highest paid British act on the list – Coldplay is ranked in seventh place, with estimated earnings of 115 million US dollars.
Both Sheeran and Coldplay are far behind this year’s highest-earning celebrity, though – boxer Floyd Mayweather.
The American sports star and boxing promoter takes the top spot after earning more than 270 million US dollars thanks to his August 2017 fight against Conor McGregor, which generated more than 550 million US dollars in revenue overall.
Hollywood star George Clooney is in second place, although his earnings are largely down to the sale of Casamigos, the tequila company he co-founded.
The actor – who did not appear on the top 100 list last year – is said to have taken home 239 million US dollars and Forbes has said it is the most he has ever earned annually in his career so far.
The Forbes Celebrity 100, which looks at stars all over the world, ranks “front of the camera” stars using their pre-tax earnings over 12 months until June 1, 2018, before deducting fees for managers, lawyers, and agents.
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