Simon Cowell Worth $329 Million
LONDON -- Simon Cowell has gate-crashed this year's Sunday Times music rich list with an estimated fortune of £200 million ($329 million).
Cowell's widely reported entry into the top ten music mogul list came on the back of coin from his formats including TheX Factor and its export deal to bring an American version of it to U.S. eyeballs later this year.
But the man behind the X Factor and Britain's Got Talent formats trails Clive Calder, who co-founded Zomba Records and its subsidiary Jive, who tops the list with £1.3 billion ($2.1 billlion).
Calder pushes Andrew Lloyd Webber into second place with £680 million ($1.1 billion).
Paul McCartney (£495 million, $814 million) and Simon Fuller (£375 million, $617 million) also come in ahead of Cowell but he manages to be higher up the top ten than Elton John (£195 million. $321 million,), Mick Jagger (£190 million, $321.7 million), Sting (£180 million, $296.3 million) and Keith Richards (£175 million, $288 million).
The hullaballoo ahead of the full list, due to be published in the British paper on Sunday, saw a cyberspace debate break out surrounding Cowell's inclusion in the music list at that level. While he earns cash from publishing music, much of his recent success has been from owning and selling TV format shows.
Five of the top 20 young music millionaires are women with classical-crossover singer Katherine Jenkins topping the crooners with an estimated £13 million. Cheryl Cole shares second spot jointly with Leona Lewis and Katie Melua, all with £12 million. Soul sensation Joss Stone sings out the top five with £9 million.
Charlotte Church, new entry Adele, LilyAllen, Natasha Bedingfield and Amy Winehouse also make an appearance towards the top of the list.