Pop sensation Dua Lipa has become the youngest individual featured on The Sunday Times annual Rich List of Britain’s wealthiest people under 40, the publication revealed on Friday.

At 29 years old, the chart-topping singer whose latest album Radical Optimism recently soared to No. 1 in the UK boasts an estimated fortune of £115 million ($153 million), placing her at No. 34 in the “40 Under 40” category.

Now in its 37th year, The Sunday Times Rich List recognises individuals living and working in the UK, regardless of citizenship, and assesses wealth based on tangible assets including property, company shares, and art collections.

Joining Dua Lipa on the list are Harry Potter actor Daniel Radcliffe and England football captain Harry Kane, both with fortunes of £100 million, trailing closely behind retired tennis star Andy Murray. Other musical heavyweights featured include Adele (£170 million), Harry Styles (£225 million), and Ed Sheeran, who leads among UK musicians under 40 with £370 million.

While the 40 Under 40 list showcases high-profile entertainers and athletes, the broader Rich List continues to be dominated by entrepreneurs, investors, and real estate moguls.

At the top of the 2024 rankings are Gopi Hinduja and family, owners of the Hinduja Group, with a fortune of £35.3 billion despite a £1.9 billion drop from last year. However, the publication noted a sharp decline in the number of billionaires residing in the UK, down to 156 from 165, marking the steepest year-on-year drop since the list began.

“This year’s data shows a significant cooling of wealth growth at the top,” said Robert Watts, compiler of the Rich List. “Our billionaire count is down, and the total wealth of those on the list has fallen. We are also seeing fewer members of the global super-rich choosing to settle in the UK.”

One factor cited is the government’s move to close tax loopholes for "non-domiciled" residents those who live in the UK but claim their permanent home is overseas who previously avoided paying UK tax on foreign earnings.

Other notable names in this year’s rankings include Sir Jim Ratcliffe, founder of chemical giant Ineos and minority owner of Manchester United. Despite remaining in the top 10 with £17 billion, his net worth has declined by approximately £6 billion due to industry challenges.

Sir Paul McCartney remains the only billionaire musician on the list, ranked 151st. Elton John follows with a net worth of £475 million, outpacing Rolling Stones legends Mick Jagger and Keith Richards by £35 million.

Meanwhile, King Charles III's estimated wealth rose to £640 million, tying him with former Prime Minister Rishi Sunak and his wife Akshata Murty, whose wealth is significantly influenced by her stake in Indian tech firm Infosys.

The combined wealth of the 350 individuals and families on the list totals £772.8 billion a 3% decline from 2024.

The Sunday Times clarified that the figures are based on “identifiable wealth” such as property, land, shares, and collectibles and do not include private bank accounts, meaning true net worths may be considerably higher.