One Direction each rack up £5m fortune

One Direction Credit: Press Association

The five members of One Direction, including Bradford's Zayn Malik and Doncaster's Louis Tomlinson have racked up a £5 million fortune each in the last year.

The group, who were put together on the X Factor, stormed the United States in 2012 with their debut album Up All Night.

But they still have a way to go before they catch Adele who tops the Young Music Rich List with a fortune of £30 million according to researchers from the Sunday Times Rich List.

Ed Sheeran Credit: Press Association

Also among the new entries on the list of music millionaires aged 30 and under is Halifax-born singer-songwriter Ed Sheeran who is worth £5 million.