Sir Paul McCartney has topped the list of Britain and Ireland's richest musicians

Irish rockers U2 are in second place on The Sunday Times Music Rich List, with an overall worth of £625 million, while composer Andrew Lloyd Webber sits in third position with £495 million.

The 'Cats' composer is followed on the list by Sir Elton John, who has seen his fortune increase by £20 million over the last 12 months, meaning he's now worth £395 million.

The top four places are actually unchanged from 2021. However, Sting has climbed from ninth to fifth, having earned as much as £100 million over the last year.

The 70-year-old musician - who had a residency at Caesars Palace in Las Vegas in 2021 - is now worth £320 million.

Elsewhere, Rolling Stones stars Sir Mick Jagger (£318 million) and Keith Richards (£303 million) are listed in sixth and seventh places, respectively.

Olivia Harrison, the widow of Beatles icon George Harrison, and their 43-year-old son Dhani Harrison are now worth £295 million, while Sir Ringo Starr's fortune has been listed at £285 million.

The top ten is rounded out by Ed Sheeran, who is notably younger than the people above him.

The 31-year-old pop star - who is reported to be worth £260 million - has seen his fortune increase by £40 million over the last year, following the release of his fifth studio album, '='.

Calvin Harris sits one place outside the top ten, with £220 million, while Adele is in 23rd place, with £150 million, and Harry Styles is listed in 37th place, with £100 million.

The Times Music Rich List:

1. Sir Paul McCartney and Nancy Shevell

£865 million

2. U2

£625 million

3. Lord Lloyd-Webber

£495 million

4. Sir Elton John

£395 million

5. Sting

£320 million

6. Sir Mick Jagger

£318 million

7. Keith Richards

£303 million

8. Olivia and Dhani Harrison

£295 million

9. Sir Ringo Starr

£285 million

10. Ed Sheeran

£260 million