Over the years, as a member of the super popular boy band, Niall Horan earned millions from the group’s commercial deals, album sales, and tour revenue. He went from a boy with a dream on The X Factor to being one of Ireland’s wealthiest celebrities. However, since One Direction went on a temporary hiatus, Niall Horan’s net worth has felt the impact of the loss of a significant source of income.
Of course, that is not to say he is going poor or anything as the singer remains one of the most famous musicians in the world. However, we will examine in this article just how much is wealth has been affected since the group went temporarily defunct.
What is Niall Horan’s Net Worth?
Since One Direction said goodbye to its global fanbase in 2015, every member of the group has pursued a solo career as a musician. All of them have enjoyed varying degrees of success, including Niall Horan, who has released one album since the group part ways.
His solo career efforts, combined with wealth acquired during his One Direction days, have given Niall Horan a total net worth of $58 million. He is currently the second richest member of the boy band, second only to Harry Styles, who leads the wealth list with a net worth of $70 million.
While Niall Horan’s One Direction earnings came from various sources like music, book sales, endorsement deals, and more, his solo career earnings have been limited to mostly his music and business ventures. He also still makes residual earnings from his 1D days, which according to a report in 2018, reached up to $2.22 million for the entire band.
His Net Worth Since Splitting from One Direction
In 2015, the management of One Direction shared the news no one wanted to hear – the band was breaking up. At the time, the band had established itself as the most popular band in the western world, and Niall Horan had amassed a net worth of $27.7 million when the band called it quits.
About a year after the band released its last album, Made in the A.M, Niall released his first solo single, This Town. The single performed modestly well on the charts, reaching #20 in the US Billboard Hot 100 and #9 on the UK Singles Chart.
He released his first album, Flicker, in October 2017. It reached #1 in his home country, Ireland, the US, and several other major music markets, and #3 in the UK Albums chart. The album sold more than 1.5 million copies, hitting platinum status in four countries, and gold status in six.
At the end of 2017, Niall Horan’s net worth had increased to $44 million from $27 million after the breakup.
The progressive rise of his net worth has been driven by his music, which includes album sales and touring, as well as his business ventures. One of them is his golf management company, Modest Golf, which he co-founded in February 2016.
After the success of his debut album, he went on the Flicker World Tour. It included 81 shows across Europe, Latin America, North America, Asia, and Oceania, grossing a total of $24.7 million.
While he did not release any music in 2018, he released new music in 2019, putting out a new single, Nice to Meet Ya. He is also expected to release his second album in the same year.
With his earnings in 2018, which reached $16.6 million, from his tour, and other sources of income, such as residuals from 1D days, Niall Horan has added $31 million since leaving One Direction to own a current net worth of $58 million.
How Does He Spend His Money?
Having a net worth of $58 million comes with a certain level of freedom that can best be expressed in the number of luxurious items that you can spend on. However, it would appear Niall Horan is doing minimal spending.
While he is not exactly living like a pauper, he continues to maintain a modest spending habit. He bought a home in his hometown, Mullingar, for $656,000, which is below the price tag you would expect from a music star of his magnitude. He does, however, have a couple of other houses in London and Los Angeles, which would increase his real estate spending significantly.
Other than those, Niall Horan continues to live a modest life as a multi-millionaire.