The music mogul has seen his worth swell to £300 million to put him in eighth place in a league of music millionaires compiled for the new Sunday Times Rich List, which will be published at the weekend.
Topping the music list - as he did last year - is London-based Ukrainian businessman Len Blavatnik, whose empire includes the Warner Music Group which was acquired in 2011. He is estimated to be worth £10 billion.
Simon's value will have been boosted by a new deal with ITV for further series of The X Factor and Britain's Got Talent, and appears not to have been seriously dented by the stage flop of spoof musical I Can't Sing! - for which he was one of the backers - which closed after a matter of weeks.
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The Orkney Islands took second place, followed by Rutland and Wychavon while last year's winner Winchester falls to fifth place.
With more people in the UK living in temporary accommodation, parts of England will soon trial a scheme which has tackled the problem.
Forecast for tonight and tomorrow in the west