If you've spent the last couple of months mulling over what you'd achieved - or would like to achieve - in life by a certain age, this story probably won't make you feel better.

Most of us have not made a million before we're 30, but the news that Ed Sheeran is the richest young musician on the planet will come as no surprise.

The 29-year-old Englishman has been placed at the top of the Sunday Times Rich List of young musicians, with a net worth of £20 million (around €225 million).

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Sheeran is currently on a hiatus from music, so he has plenty of time to spend his earnings.

Second on the list is Harry Styles, whose solo career has gone from strength to strength since leaving One Direction. His net worth is a meagre-in-comparison £63 million, while his former bandmate Niall Horan is worth £5o million.

Girl band Little Mix (£48 million) and another former One Directioner, Louis Tomlinson (£44 million) round out the top 5.

Other names on the list of young people who will be richer than you ever will include Sam Smith, Stormzy, Dua Lipa and Rita Ora.

See the full top 10 below:

1. Ed Sheeran – £200 million
2. Harry Styles – £63 million
3. Niall Horan – £50 million
4. Little Mix – £48 million
5. Louis Tomlinson – £45 million
6. Liam Payne – £44 million
7. Zayn Malik – £36 million
8. Sam Smith – £33 million
9. Rita Ora – £20 million
=. Stormzy – £20 million
10. George Ezra – £16 million
= Dua Lipa £16 million