One Direction have made a sizeable impact on this year's Sunday Times young rich list.

The boyband are sitting on fortunes of £5m each, according to the paper, which means they have a combined wealth of £25m.

The lads have enjoyed huge success across the world and their album, concert and merchandise sales have all contributed to their large income.

However, the group's members are some way behind the top stars in the newspaper's list of Britain and Ireland's richest young musicians.

Adele has topped the list with an estimated fortune of £30m, with Cheryl Cole in second place with £14m.

Leona Lewis and Katie Melua meanwhile are said to have fortunes of £12m.