Paul McCartney becomes UK’s first billionaire musician

published on Friday, despite the country recording its largest fall in the billionaire count in the guide’s 36-year history.

The 81-year-old’s fortune was boosted by “strong touring, a valuable back catalogue and even a little help from Beyoncé”, who covered the Beatles song “Blackbird”, said the Rich List, considered the definitive guide of the UK’s wealthy. Paul McCartney, whose net worth was estimated at £1 billion, has bucked the trend, with the amount of billionaires in the UK falling from a peak of 177 in 2022 toThis is partly due to plans by the government to scrap the “non-dom tax status” from next year, the system whereby people do not pay UK tax on their overseas earnings.

King Charles III’s personal wealth was also estimated to have risen by £10 million to £610 million, thanks to a boost in the net worth of his properties.Those faring less well include chemicals tycoon Jim Ratcliffe, who bought a stake in Manchester United earlier this year, inventor James Dyson and Virgin entrepreneur Richard Branson, who all saw their multi-billion pound fortunes decrease.and his family for a third successive year.

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