Great Britain

Olly Murs is now worth £13.5m despite not releasing any new music last year

POP star Olly Murs has added nearly £1m to his fortune - despite not releasing any new music last year.

He’s banked a monster amount since rising to fame as a finalist on The X Factor a decade ago and is now worth a whopping £13.5million.

Olly's new company accounts have revealed a £832,000 annual profit at his firm YDKL.

The profit, run-up in the year ended November 30, 2019, takes the net worth of this Murs company to £5,818,738.

The 36-year-old set this business up in 2016 and lists its nature of business on Companies House as ‘sound recording and music publishing activities;’ as well as ‘performing arts.’

In addition to the millions in this firm Murs held £7,503,005 as at latest accounts in ICYDK – which has been running since 2012.

Its latest accounts were in in the summer and cover the year ended June 30, 2019.

It is listed as a ‘performing arts’ business on Companies House.

In addition to these business Murs has a property firm ICPO – set up in 2017; as well as Tank Nutrition and Wrapped UP TV – set up earlier this year.

ICPO owns a £700,000 property in Essex – while accounts for Murs new companies are not due until next year.

The net worth of his companies and their property assets amount to £14m.

In addition to these current riches Murs banked around £4.4m between 2012 and 2014 through the closure of two of his companies – Ongoing Entertainments and Stanley Entertainments. 

On the lighter side he co-owns Coggeshall Town Football Club - worth a modest £2,201 as at latest count. 

The Sun revealed last year his huge bank balance is down to his money-savvy ways.

The star pays himself a weekly “plumber’s wage” and is rolling in cash after a string of number one albums, top-selling singles and money-spinning tours.

Olly shot to fame on The X Factor in 2009 after singing Stevie Wonder’s Superstition in his audition.

He had previously tried to make it on the show twice but failed to get through to the audition stage.

Olly has gone on to record and release four more albums, all of which have gone platinum and straight to the top of the album chart.

He also had eight top ten singles, four of which were Number One.

Olly Murs makes a splash narrowly avoiding his girlfriend Amelia floating in the pool at his Essex mansion

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