One Direction is the richest boyband ever in British history, according to a new report by The Sunday Times.
According to the report, each member of the band is currently worth £14million.
The band’s success has also impacted on label owner Simon Cowell, whose personal fortune has grown to £300million.
They are still someway off groups in other genres though, such as rock band Coldplay who have a collective worth of about £200million
The richest young singer according to the report was singer Adele, with a net worth of £45million.