Their fortune is so vast that the band have had to sign up to a management company, Grant Thornton, in order for them to have help in managing their ever-expanding finances.
An insider told The Daily Mirror, “Their success is quite staggering, so are the profits coming with it. The lads had an incredible 2012 and this year looks even bigger.”
“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,” added the source. “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.”
This comes after their record label, Syco, became worried that the boys were going to waste all of their money after becoming swept up in their fame.
“One Direction have become one of Sony’s biggest draws and the label wants to make sure the guys are looked after,” stated the source.
Grant Thornton are a company that look after lottery winners and help these individuals with their huge sum of money.
In other One Direction news, it would appear that Harry Styles and Taylor Swift are about to have discussions over the state of their relationship. Swift has apparently learnt from her past mistakes and wants to rekindle her affair with the pop star.
Do you think One Direction are each worth over $20 million?