Harry Styles is ‘richest One Direction star after his record label DOUBLES its value to £28m’

Harry Styles is reportedly the richest One Direction star after his record label doubled its value to £28million.

The Watermelon Sugar hitmaker’s, 27, Erskine Records Ltd is said to be worth £28.79million after its value was previously £14.9million in 2019.  

It comes after Harry’s overall fortune was estimated at £63million by The Sunday Times in May 2020.

Ka-ching! Harry Styles is reportedly the richest One Direction star after his record label doubled its value to £28million (pictured in March) 

According to The Sun, Erskine Records Ltd is worth £28.79million in books filed to Companies House on Wednesday for the 12 months to March 2020, with £14.6million put into investments.  

The publication also claims that Harry’s ‘touring outfit made a loss of £1.8million’ due to live shows being postponed or cancelled amid the coronavirus pandemic.

The singer was forced to delay all of his 2020 Love On Tour shows ‘until further notice’, with Harry going on to postpone his UK and European dates in early 2021.

MailOnline has contacted Harry’s representative for comment.

Way back when: It comes after Harry's overall fortune was estimated at £63million by The Sunday Times in May 2020 (pictured with One Direction in 2010)

Way back when: It comes after Harry’s overall fortune was estimated at £63million by The Sunday Times in May 2020 (pictured with One Direction in 2010)

Last year, Harry come out on top when weighed up against his One Direction bandmates.

The singer soared to fame as one fifth of the group – made up of Niall Horan, 27, Liam Payne, 27, Zayn Malik, 28, and Louis Tomlinson, 29, on The X Factor in 2010 – the band has been on a hiatus since 2016 as they all launch solo careers after Zayn quit. 

One Direction smashed records in 2014 when their Where We Are tour became the highest-grossing tour by a vocal group in history, grossing around £220 million. In 2020, the band had sold a total of 70 million records worldwide. 

Niall came in second with an estimated fortune of £50million, Louis follows with £45million, Liam has amassed £44million and Zayn £36 million.

Amazing: The Watermelon Sugar hitmaker's, 27, Erskine Records Ltd is said to be worth £28.79million after its value was previously £14.9million in 2019 (pictured in 2020)

Amazing: The Watermelon Sugar hitmaker’s, 27, Erskine Records Ltd is said to be worth £28.79million after its value was previously £14.9million in 2019 (pictured in 2020)  

These figures were reported by The Sunday Times in May 2020, who estimated Harry’s overall fortune was £63 million.

Harry has had a successful career on the solo circuit since releasing his debut single Sign Of The Times in 2017 and has had several hits since with 2019 track Watermelon Sugar. 

The singer as also made further cash via other projects – such as his role in 2017 blockbuster Dunkirk, as well as endorsement deals or interview fees.

Harry has recently been filming Don’t Worry Darling alongside Florence Pugh and is set to star in My Policeman with Emma Corrin. 

On top: Last year, Harry come out on top when weighed up against his One Direction bandmates with an estimated £63m fortune, Niall came in second with £50m, Louis follows with £45m, Liam has amassed £44m and Zayn £36m (pictured in 2012)

On top: Last year, Harry come out on top when weighed up against his One Direction bandmates with an estimated £63m fortune, Niall came in second with £50m, Louis follows with £45m, Liam has amassed £44m and Zayn £36m (pictured in 2012) 

Elsewhere, the singer and Olivia Wilde were seen ‘enjoying a romantic night out’ in west London on Wednesday evening as their relationship continues to grow.    

Sources claim the pair looked completely involved with one another during a pub date in the English capital, where British star Harry owns a £3m home.  

A fellow patron told The Mirror: ‘They looked very cosy on an intimate table for two away from other diners. They were grinning like Cheshire cats at each other all night.’  

It’s understood that American actress Olivia, who started dating the former One Direction star after casting him in new film Don’t Worry Darling, stroked his leg beneath their table as the evening progressed.

‘She had her legs crossed and gently nudged against him,’ the onlooker added. ‘They looked completely smitten.

‘They were very polite and waved to the team before heading out the door.’ 

Harry began dating Olivia just weeks after her seven-year engagement with Jason Sudeikis came to an end in November 2020.

Smitten: Elsewhere, the singer and Olivia Wilde were seen 'enjoying a romantic night out' in west London on Wednesday evening as their relationship continues to grow (pictured together on the set of their new movie Don't Worry Darling)

Smitten: Elsewhere, the singer and Olivia Wilde were seen ‘enjoying a romantic night out’ in west London on Wednesday evening as their relationship continues to grow (pictured together on the set of their new movie Don’t Worry Darling)