Ed Sheeran is earning £63,000 per show on his current world tour, according to the Daily Mirror, which analysed accounts filed at Companies House. The filing covers the 12 months to March this year, taking in 99 of the 179 shows on the tour, excluding his three nights at Wembley Stadium this summer.
The Mirror initially reported that Sheeran earned £6.2 million from the first part of his tour, averaging £63,000 per gig. However, the accounts also show the company had assets totalling nearly £6.6 million, with £4.4 million in costs, leaving a profit of £2.2 million. That would mean earnings per show of approximately £22,000.
The relatively low profit margin is surprising given that Sheeran performs solo without a band or large crew, reducing production costs. His tour has largely played arenas with capacities around 10,000, though he has also sold out a number of stadium shows.
Separately, Sheeran earned £3.4 million from record sales and royalties. The Sunday Times placed him seventh on its rich list of musicians under 30 earlier this year, estimating his wealth at around £20 million.
