Tuesday 23 January 2018

Niall Horan climbs up the Sunday Independent's Rich List as band shares €119.4m spoils

Niall Horan of One Direction
Niall Horan of One Direction
Niall Horan has sued Express Newspapers over articles which appeared in the Daily Star in July this year
One Direction could be waning in popularity
Nick Webb

Nick Webb

Mullingar’s Niall Horan has rocketed up Ireland Rich List 2016 to be published in the Sunday Independent this weekend.

As the One Direction touring machine cranked into gear. Horan and his fellow band members shared €119.4m last year, according to Forbes magazine calculations.

And as the band take their one year hiatus, his  financial future looks bright.

In fact Hollywood and the music industry  have made pots of money for some Irish people.

One Direction
One Direction

The Sunday Independent Rich List 2016 shows how U2 have made serious wedge from incredibly innovative partnerships, relentless touring and convoluted royalty deals. And most people think three chords and the truth was the secret! U2’s manager Paul McGuinness was one of the smartest Svengalis Ireland has ever produced.

Veteran rocker Van Morrison and balladeer Chris De Burgh have held onto much of their wealth despite turbulent stock markets and the financial crisis. De Burgh has invested shrewdly in buying and selling rare wines.

Read more: Forbes Rich List: Facebook's Zuckerberg overtaken by Amazon's Bezos in race for top slot

Roma Downey grew up on the Bogside in Derry but has become one of the most powerful people in Hollywood. Along with her husband Mark Burnett, she has cornered the market in reality TV and more recently in religious drama. Over 100m have watched her mini-series about The Bible.

Liam Neeson is box office gold. He’s appeared in films ranging from Schindler’s list to Batman and Star Wars, the Phantom Menace. His films have brought in over €4.1bn at the box office in the last four decades. The big earner recently has been the phenomenally successful Taken franchise, for which he may have earned as much as $20m for the first sequel.

Navan’s Pierce Brosnan made his fortune when re-invigorating the tired James Bond franchise. The success of Goldeneye rescued 007 from oblivion. He now owns a mega mansion in Malibu overlooking the Pacific. The Steve Jobs biopic may have tanked, but Michael Fassbender – who grew up in Kerry – is getting bigger and bigger cheques. The next instalment of the X-Men blockbuster series will boost his bank balance considerably. Saoirse Ronan is not on the list. Yet. The success of the movie Brooklyn, coupled with a rapidly growing slate of well received films, proves that she’s a stayer and a bona fide star.

The full list of Ireland’s wealthiest people, The Rich List 2016  is published  in a special supplement  in the Sunday Independent this weekend.

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