Former One Direction singer Niall Horan established BAI Touring with the UK Companies House as a separate commercial vehicle from his boyband business. This week the accounts for BAI Touring show showed a massive jump in earnings with profits leaping from €884,606 in 2022 to the current bank balance of €3,373,039.

This means that in 2023, Niall raked in the sum of €2,488,372 for his solo musical endeavors. But this two million money pile is just a drop in the ocean for Horan who has amassed a vast fortune.

In 2023 the singer came in third place on Heat magazine’s annual celebrity Rich List with an estimated fortune of some £60.4m (approx €69m).

Hitmaker Niall shot to global fame and fortune in 2010 when he made the cut as one-fifth of pop supremo Simon Cowell’s boyband.

While the band didn’t win the "X Factor", they ultimately proved the most successful act to emerge from the long-running reality show.

One Direction.

One Direction.

Despite making riches beyond his wildest dreams, the Mullingar musician went on to pursue his musical vision and embarked on a solo career after One Direction disbanded.

And his solo act is paying dividends as he has racked up a tidy little rainy day fund of over a million euros in his UK-registered BAI Touring.

Despite having mega bucks, Niall has eschewed the flashy rockn’roll lifestyle opting instead for a low-key celebrity existence.

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Meanwhile, Niall has snapped up a charming country pad in his home county of Westmeath, Extra.ie can reveal.

The former One Direction star bought his new property for €420,000.

According to property records, the musician is listed as the full owner, meaning his house is mortgage-free.

The singer bought his new country house in March 2022 – three months after he sold another Mullingar property for €675,000.

Horan’s new four-bedroom home is an attractive two-storey house with extensive land allowing for complete privacy and tranquillity.

It is described on various property websites as "a gem" that sits on "eight acres in a wonderful, tranquil setting", the house also comes with a spacious garage, which could easily convert into a studio if Horan wants to work in peace while at home.

* This article was originally published on Extra.ie.