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Home / Entertainment

Ed Sheeran's property wealth soars to $119m during lockdown

BANG! Showbiz
23 Sep, 2020 08:36 PM3 mins to read

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Ed Sheeran has made an astounding amount of money from his properties. Photo / Getty Images

Ed Sheeran has made an astounding amount of money from his properties. Photo / Getty Images

Ed Sheeran's property empire has soared to £61.5 million ($119 million).

The pop megastar's companies Maverick Properties Ltd and Maverick Commercial Properties Ltd filed documents on Companies House, which show a growth of £4.5m.

According to the Sun newspaper, that's because the Shape of You hitmaker - who is reportedly worth $388m - purchased further properties during the lockdown period.
It was claimed that the 29-year-old Grammy-winner owned 27 properties in February.
As well as a sprawling estate in Suffolk, Sheeran owns the restaurant Bertie Blossoms, a mansion in London, two Covent Garden properties, flats in Battersea, and rental properties across London.

The singer bought the first property in his 'Sheeranville' estate for almost £900,000 in 2012, and last year splashed out £875,000 for his fifth house in the area.

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Over the years, he's built a swimming pool, two-storey treehouse and a pub within his grounds, prompting a number of objections to his plans, including in 2018 when he applied to build a chapel.

View this post on Instagram

Ello! A quick message from me as I have some personal news that I wanted to share with you... Last week, with the help of an amazing delivery team, Cherry gave birth to our beautiful and healthy daughter - Lyra Antarctica Seaborn Sheeran. We are completely in love with her. Both mum and baby are doing amazing and we are on cloud nine over here. We hope that you can respect our privacy at this time. Lots of love and I’ll see you when it’s time to come back, Ed x

A post shared by Ed Sheeran (@teddysphotos) on Sep 1, 2020 at 1:01am PDT

Sheeran - who recently welcomed his first child with wife Cherry Seaborn, daughter Lyra, into the world - bought his properties for cash.

A source previously said: "He has a great portfolio of properties and he owns the lot free and clear. There was no need to borrow the cash from a lender because he already had it.

"Some people have the cash tied up so need to raise a mortgage but Ed has piles of the cash in the bank so there was no point in letting a bank earn money by lending him the money. He just bought them outright."

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