LLOYD WEBBER OVERTAKES MCCARTNEY IN FORTUNE STAKES

Last updated: Friday, April 27, 2007

LLOYD WEBBER OVERTAKES MCCARTNEY IN FORTUNE STAKES

SIR ANDREW LLOYD WEBBER has overtaken SIR PAUL McCARTNEY in the wealth stakes, after he was named the second richest man music, worth an estimated GBP750 million ($1.5 billion).

SIR ANDREW LLOYD WEBBER

The music impressario is worth GBP25 million ($50 million) more than the former Beatle after gaining major profits in his hit British TV talent search How Do You Solve A Problem Like Maria?, which asked the public to vote for who they wanted as the leading lady in London musical The Sound Of Music.

As a result of the show and the subsequent musical's popularity, Lord Lloyd-Webber's earnings rose by GBP50 million ($100 million) - up from GBP700 million ($1.4 billion) in 2006 in The Sunday Times Rich List of Music Millionaires in Britain in 2007.

The Hey Jude star slipped to third position with GBP725 million ($1.45 billion), partly due to a predicted GBP100 million ($200 million) divorce settlement experts believe he will pay to estranged wife, Heather Mills.

Simon Fuller, the brains behind US TV programme American Idol, is in joint fourth place with GBP450 million ($900 million), while Madonna and director husband Guy Ritchie remain in sixth place for the second year running with a combined fortune of GBP275 million ($550 million).

Sir Elton John came seventh with GBP225 million ($450 million), while Rolling Stones rockers Sir Mick Jagger and Keith Richards are in eighth and 10th place respectively, with fortunes of GBP215 million ($430 million) and GBP190 million ($380 million) each.

But no one could beat former record label head Clive Calder - the man behind the careers of Britney Spears and 'N Sync - whose personal fortune is estimated at GBP1.3 billion ($2.6 billion).

Source: WENN

| Friday, April 27, 2007

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LLOYD WEBBER OVERTAKES MCCARTNEY IN FORTUNE STAKES

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