Grammy-winning singer Ed Sheeran has spent $5.4 million on expanding his wealth empire. The ‘perfect’ hitmaker already has several properties in the UK, including 27 homes in London alone.
Now it turns out that he recently dropped another $5.4 million on new purchases for his empire, reports aceshowbiz.com.
According to Britain’s The Sun newspaper, new documents show Ed Sheeran Spent $4 million through his Maverick Properties company, which he founded in 2015 with his manager Stuart Camp, with another $1.3 million in 2020 through his Maverick Commercial Properties.
The new purchase put the value of Ed Sheeran’s net worth at an estimated $65 million. Along with his 27 London properties, which include homes in Covent Garden and Battersea, the “Shape of You” singer also owns a sprawling estate in Suffolk, which includes five homes.
However, the singer who along with his wife and child imposed a lockdown in their rural areas faced many objections from the local residents. He expressed concern about the various changes made or intended to be made to his Suffolk estate.
“I think people just need to focus on their work,” Ed Sheeran answered. Sheeran couldn’t understand why his neighbors were concerned about the “wildlife” when he actually planted many trees.
“There are loads of animals. We let the grass field grow up,” he said.
The property was dubbed “Sheeranville,” but he said: “I didn’t name it. I actually tried to rename it to The Shire because I like The Hobbit. But refused.”