360° Coverage : One Direction hires company to manage wealth

One Direction hires company to manage wealth

London, Jan 24 (IANS) British band One Direction has reportedly hired a top firm to manage their finances.

Jan 23 2013, 1:07pm CST | by

One Direction hires company to manage wealth
Photo Credit: Brian Ach, Getty Images

London, Jan 24 — British band One Direction has reportedly hired a top firm to manage their finances.

The band, which comprises of Niall Horan, Zayn Malik, Harry Styles, Liam Payne and Louis Tomlinson, is said to have enlisted the services of company Grant Thornton, who will take care of their wealth, reports mirror.co.uk.

"Although they're all mature for their age, they are still five young boys at heart, and have all made mistakes - it's part of growing up," a source said.

"They've now been assigned a small team at one of the country's top money service providers who will be advising the boys on matters of tax, capital and investment," the source added.

The band became famous after participating in British reality show "The X Factor" in 2010 and collected an estimated wealth of 15 million pounds each in two years.

"One Direction have become one of Sony's biggest draws and the label wants to make sure the guys are looked after," the source said.

IANS

Source: IANS

 
 
 

<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

blog comments powered by Disqus

Latest stories

Best Buy kills its Future Shop Brand in Canada
Best Buy kills its Future Shop Brand in Canada
Best Buy announced today to shut down its Future Shop stores.
 
 
Ikea Foundation's Better Shelter has partnered with UNHCR for safer refugee hous
Ikea Foundation's Better Shelter has partnered with UNHCR for safer refugee housing
Better Shelter and the UNHCR recently joined together in providing refugees and displaced people with long-term housing units as global crises mount. But what is a Better Shelter and how does it help?
 
 
Ikea Foundation's Better Shelter has partnered with UNHCR for safer refugee hous
Ikea Foundation's Better Shelter has partnered with UNHCR for safer refugee housing
Better Shelter and the UNHCR recently joined together in providing refugees and displaced people with long-term housing units as global crises mount. But what is a Better Shelter and how does it help?
 
 
Facebook Announces Messenger Platform and Businesses on Messenger
Facebook Announces Messenger Platform and Businesses on Messenger
Facebook launches two initiatives to bolster its Messenger app.