One Direction have topped Heat magazine's Rich List for under-30s with combined earnings estimated at £59.33 million.
Harry Potter star Daniel Radcliffe has topped the list since it was established in 2010, but this year dropped to second place with £56.19 million.
Lucie Cave, editor-in-chief of Heat, said: "One Direction are young, talented, staggeringly good looking and adored by millions. To that we can now add 'rolling in cash'. No one said life was fair."
Daniel Radcliffe, who played Harry Potter alongside Richard Griffiths, led tributes to the actor whose "encouragement, tutelage and humour" made work a joy to work with.
– daniel radcliffe, actor
Richard was by my side during two of the most important moments of my career.
In August 2000, before official production had even begun on Potter, we filmed a shot outside the Dursleys', which was my first ever shot as Harry. I was nervous and he made me feel at ease.
Seven years later, we embarked on Equus [at the Gielgud Theatre in London] together. It was my first time doing a play but, terrified as I was, his encouragement, tutelage and humour made it a joy.
In fact, any room he walked into was made twice as funny and twice as clever just by his presence. I am proud to say I knew him.
Daniel Radcliffe's first outing on the big screen since Harry Potter_ _is the most complained about film of the year so far, according to the British Board of Film Classification (BBFC).
The Woman in Black, has attracted 120 complaints directly to the BBFC so far - three times as many as Black Swan which was the most complained about film of 2011.
The film stars Radcliffe as a young lawyer visiting a remote village terrorised by a vengeful ghost. The BBFC website warns that it contains "a number of scenes of supernatural horror and threat".
The most complained about film of the last decade was Batman: The Dark Knight, which attracted more than 300 complaints.
The final instalment of the blockbuster Harry Potter film franchise has won the top prizes at the 2012 Empire Awards.
Harry Potter and the Deathly Hallows Part 2 scooped best film and best director for David Yates, with many of the film's cast attending the ceremony.
Gary Oldman - who played Sirius Black in the fantasy film series - won best actor for his role in political thriller Tinker Tailor Soldier Spy.
For more details on the winners of the Empire film awards click here.