ED SHEERAN—EST. $110 MILLION

Ed joined the church choir when he was four years old and later came into contact with the guitar. Ed began to learn to compose songs in high school, and then tried to write songs and compose music. Sheeran started recording music tapes in 2005 and moved to London in 2008 to start his career.

This very talented singer was said to have bunked out with Jamie Foxx at one point when he was a relative unknown—actually, make that ‘total unknown.’ Foxx recalled that when Sheeran performed for him at his home studio, he was left blown away, saying to himself that this man will be the next big thing. And, Foxx was right, because Sheeran eventually went on to have all three of his albums rank number one in the charts pretty much as soon as they were released. Now, he probably doesn’t have to worry about bankruptcy, thanks to his successful career.