Cheryl ranks 4th in list of richest young music millionaires

Cheryl Cole’s fortune has hit the £10 million mark after inflating by 150% in the last 12 months. Much of this extra cash has come as a result of lucrative endorsements, TV work, and record sales.

The Geordie singer’s popularity rocketed after taking up judging duties on ITV show X-factor. Since then she has become the face of L’Oreal, Coke Zero, and launched a successful solo career.

After splitting from Chelsea footballer husband Ashley Cole, public support for 26-year-old Cheryl has never been greater. So expect a few more high profile endorsements in the coming months.

The healthy bank balance of £10 million sees Cheryl rank 4th in the richest young music millionaire category in the Times Rich List.

There’s a three-way tie at the top of the same list with two welsh divas, namely Charlotte Church and Katherine Jenkins named 1st and 2nd, and Leona Lewis in the third spot, although all three boasts a fortune of £11 million.

However the boys didn’t fair so well in the chart with Craig David coming in as the highest placed lad at number 7 with a fortune worth £7 million.

Other high ranking ladies included Katie Melua also with £10 million, Joss Stone with £9 million and Lily Allen with £5 million.

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