Ed Sheeran splashes out $75 million on property in past 7 years

Ed Sheeran splashes out $75 million on property in past 7 years
PHOTO: Reuters

Ed Sheeran has splashed out an estimated £42 million (S$75 million) on houses, flats and restaurants in the past seven years.

The 28-year-old singer - who didn't have anywhere to live for much of 2008 and all of 2009 and 2010 - has become a property magnate after amassing a portfolio including four houses in his home county of Suffolk, east England, worth an estimated £2.8 million, and 14 London-based properties.

Ed - whose 'Divide Tour' made a reported £342 million last year - also owns a restaurant, Galicia, in Notting Hill, west London, and he has been praised for his "shrewd" investments.

A financial expert told The Sun newspaper: "He's been incredibly shrewd by ploughing his money into property. And by focusing on London, where the market is still growing, he can charge top whack to renters.

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"There's every chance tenants are unaware they are handing money over to a multi-millionaire singer."

Ed's impressive property portfolio is a far cry from the days before he became famous, when he used to sleep on the London Underground or on friends' sofas after shows.

He previously said: "I didn't have anywhere to live for much of 2008 and the whole of 2009 and 2010, but somehow I made it work.

"I knew where I could get a bed at a certain time of night and I knew who I could call at any time to get a floor to sleep on. Being sociable helped. Drinking helped.

"I spent a week catching up on sleep on Circle Line trains. I'd go out and play a gig, wait until 5am when the Underground opened, sleep on the Circle Line until 12, go to a session - and then repeat. It wasn't that bad. It's not like I was sleeping rough on the cold streets."

However, Ed's hygiene suffered as a result of his lack of permanent abode.

He added: "I didn't have the best personal hygiene at that point because I didn't get a chance to shower.

"It was just: sleep on the train, session, sweat on stage, drink, sleep on the train. I had 23 dreads on one side of my head from not washing my hair. My girlfriend counted them when she took them out with a comb."

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