'The X Factor's' Simon Cowell Joins Twitter
'The X Factor's' Simon Cowell Joins Twitter

"The X Factor" and former "American Idol" judge Simon Cowell jumped to number 6 in the British music rich list in 2011 after his fortune hit 200 million pounds ($330 million), Britain's Sunday Times newspaper said on Thursday.

That was a 35 million pound rise on 2010, when he was 11th in the annual rankings published by the newspaper, and took him above Elton John and Mick Jagger whose fortunes were estimated at 195 million and 190 million pounds respectively.

Cowell, also a music producer with an entertainment company called Syco, has signed a new deal with Britain's ITV channel and is preparing to launch "The X Factor" in the United States. But he was still some way behind his arch-rival Simon Fuller, creator of the talent TV "Idol" franchise, who ranked 5th in 2011 with personal wealth of 375 million pounds.

British-based record executive Clive Calder, who sold Zomba Records in 2002, took over at the top of the music rich list with 1.3 billion pounds, unchanged on the amount in 2010.

He regained his position at number one after Warner Music boss Edgar Bronfman moved back to New York from his temporary home in London.

Musical composer and theater owner Andrew Lloyd Webber was second with a fortune of 680 million pounds, musical producer Cameron Mackintosh was third (675 million) and ex-Beatle Paul McCartney fourth (495 million).

In the Irish music rich list, U2 boosted their wealth to 455 million pounds from 429 million in 2010 to remain comfortably on top, followed by dancer Michael Flatley with 214 million pounds.

Following is a list of the top 10 British music millionaires. (all figures in pounds)

1. Clive Calder (1.3 billion)

2. Andrew Lloyd Webber (680 million)

3. Cameron Mackintosh (675 million)

4. Paul McCartney (495 million)

5. Simon Fuller (375 million)

6. Simon Cowell (200 million)

7. Elton John (195 million)

8. Mick Jagger (190 million)

9. Sting (180 million)

10. Keith Richards (175 million)

Questions? Comments? Let us know: @billboardbiz

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