Ed Sheeran smashes record for most money made on tour in a single year after raking in £342m in 2018

English singer-songwriter, Ed Sheeran, has smashed the all-time record for the for most cash made from a tour in a single year.

The 27-year-old who earned almost £1m a day in 2018, raked in a staggering £342m in the last 12 months (937k per day) beating out singer Taylor Swift who took home £244m from her Reputation tour.

Ed Sheeran achieved the milestone from selling 4.9million tickets as part of his global tour Divide.

Power couple, Jay-Z and Beyonce took home £201m for their On The Run II stadium tour after selling 2.2m tickets.

Earlier this year, it was revealed that Sheeran had overtaken Adele as the highest-earning musician on the planet, becoming one of the top 10 celebrity earners in the world.

According to financial records released by his company in October, Ed earns around £75,000 a day from Ed Sheeran Ltd. His business boasted an annual turnover of £36,293,611 with a gross profit of £27,376,900. Cut down, this means the Galway Girl singer makes £75,005 per day and £3,125 per hour.

Here are the top ten most lucrative tours of 2018.

1. Ed Sheeran £342m – 4.9m tickets sold

2. Taylor Swift £244m – 2.9m tickets sold

3. Jay-Z and Beyonce £201m – 2.2m tickets sold

4. P!nk £134m – 1.29m tickets sold

5. Bruno Mars £132m – 1.29m tickets sold

6. The Eagles £131m – 964k tickets sold

7 Justin Timberlake £119m – 1.19m tickets sold

8 Roger Waters £104m – 1.5m tickets sold

9 U2 £100m – 927,034 tickets sold

10 The Rolling Stones £92m – 751k tickets sold