Niall Horan’s entertainment firm has been raking in millions, causing his fortune to jump by a massive €5 mill last year.
While the 22-year-old is taking a break from One Direction mania, the singer is still making bank as new accounts filed by his Treaty Media Ltd show that accumulated profits at the firm at the end of last September totalled €7.75 million.
According to the Irish Sun, the Mullingar native established the Limerick-based firm in 2012, and manages the company with the help of accountant Alan McEvoy and his Livewire Business Management.
Millionaire: Niall’s raking in the cash | INSTAGRAM
The €4.9million jump in profit is huge, compared to an increase of €2.8m in profit in 2014.
The entertainment firm certainly isn’t Niall’s only source of income, as Forbes estimated that One Direction’s 2015 fortune alone totalled an incredible €116million.
Meanwhile, One Direction’s firm is UK-based 1D Media Ltd.
The band fuelled rumours that they would split for good earlier this year, as they all resigned from the board of the company in April.
