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Paul McCartney speaks as he inducts Ringo Starr during the 2015 Rock and Roll Hall of Fame Induction Ceremony in Cleveland, Ohio April 18, 2015. REUTERS/Aaron Josefczyk Image Credit: REUTERS

Being a Beatle can do wonders for your bank balance. Especially if you wrote many of their best-loved songs. That’s the message from the latest Sunday Times Rich List of musicians, which names Sir Paul McCartney as the most prosperous musician in the UK and Ireland — as he tends to be every year.

McCartney’s fortune is estimated at £730m (Dh4.9 billion), a rise of £20m on last year, and he also benefits from the fact that his wife, Nancy Chevell, has a £150m stake in her family’s trucking business in the US.

If you were in the Beatles but happened not to be a songwriter you still don’t have to buy from the economy range in the supermarket: Ringo Starr is joint eight on the list, with an estimated worth of £180m.

McCartney is followed on the list by Lord Lloyd-Webber (£650m) and U2 (£431m) although unless the Irish band share everything in common, you’d have to assume that amounts to four separate fortunes. The highest new entry on the list is Calvin Harris, straight in at No 30 with a £70m fortune, making him as rich as Pete Townshend and Mark Knopfler.

It’s not all veterans of the pre-digital age in the list. In little more than a year, Sam Smith has managed to accrue £12m. Adele, despite not releasing any music for nearly four years, has earned a further £5m, bringing her total to £50m. The four members of One Direction, plus their former comrade Zayn Malik, are believed to be worth £25m each, while Ed Sheeran has seen his bank account swell by £13m to £20m.

The top 40:

1 Sir Paul McCartney and Nancy Shevell: £730m

2 Lord Lloyd-Webber: £650m

3 U2: £431m

4 Sir Elton John: £270m

5 Sir Mick Jagger: £225m

6 Keith Richards: £210m

7 Michael Flatley: £195m (we don’t know why he’s in a list of musicians, either)

8 Ringo Starr: £180m

8 Sting: £180m

10 Roger Waters: £160m

11 Eric Clapton: £155m

12 Sir Tom Jones: £150m

12 Sir Tim Rice: £150m

12 Rod Stewart: £150m

15 David Bowie and Iman Abdulmajid: £135m

15 Robbie Williams: £135m

17 Ozzy and Sharon Osbourne: £130m

18 Phil Collins:£110m

18 Brian May: £110m

18 Charlie Watts: £110m

21 George Michael: £105m

21 Roger Taylor: £105m

23 Jimmy Page: £100m

23 Robert Plant: £100m

25 Enya: £90m

25 David Gilmour: £90m

27 John Deacon:£85m

28 Noel and Liam Gallagher: £77m

29 Nick Mason: £75m

30 Calvin Harris: £70m

30 Mark Knopfler: £70m

30 Pete Townshend: £70m

33 Gary Barlow: £65m

33 Engelbert Humperdinck: £65m

35 Barry Gibb: £60m

35 John Paul Jones: £60m

37 Kylie Minogue: £55m

37. Sir Cliff Richard: £55m

39 Guy Berryman: £52m

39 Jonny Buckland: £52m

39 Will Champion:£52m

39: Chris Martin £52m