Ed Sheeran loses to Harry Styles for the title of wealthiest UK celebrity aged 30 and under

The musician Harry Styles has topped the list of the richest British celebrities under 30 for the first time, according to the Heat Rich List.

The 28-year-old musician, who first appeared on the magazine's annual list in 2016, has reportedly surpassed the 100 million pound mark and amassed a 116 million pound fortune, replacing Ed Sheeran, 31, in the top position, according to sources.

Style's net worth soared as a result of the commercial success of his third solo studio album "Harry's House," which spent six weeks at the top of the UK charts and whose lead song "As It Was" lasted 15 weeks at the top of the US Billboard chart.

The former member of One Direction's acting career is anticipated to advance with lead roles in "Don't Worry Darling" and "My Policeman" in 2022. Along with lucrative endorsement agreements with Gucci, skincare, and nail polish brands.

Similarly, Dua Lipa, a fellow pop star with 69.1 million pounds in the bank, rose from eighth place in 2022 to number two in this year's Heat rankings. This is mostly due to the success of her second album, "Future Nostalgia," a world tour that sold out, and endorsement deals with brands like Versace, Evian, and Puma.

Model and actress Cara Delevingne moves up two spots to third place from last year with earnings of 63.8 million pounds. With earnings of 58.4 million pounds, Niall Horan, a former member of One Direction, is in fourth place.

Daisy Ridley (36.1 million pounds) and John Boyega (28.8 million pounds), who complete the top 10, round out the top 10. Sam Smith, who has accumulated 37.8 million pounds, is ranked eighth on this year's list.

Sam Fender, who finished 21st and earned 10 million pounds after the success of his second album "Seventeen Going Under" and a massive sold-out tour, is one of the notable new entrants this year.

Three past "Love Island" participants also make their first appearances. Molly-Mae Hague and Tommy Fury, the 2019 winner Amber Gill, and new "Love Island" presenter Maya Jama, who placed 29th with 5.3 million pounds each, are in the top 30.

The Heat Rich List, now in its twelfth year, examines the bank accounts of Britain's newest and wealthiest celebrities to see how they get paid.

The British publication estimates their lifetime profits by looking through its company accounts (where accessible), record sales, TV contracts, and endorsement deals. Each entry must be from an entertainer who is 30 years old or younger, born in the UK or Ireland, or mostly resides there.