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Former Beatle Sir Paul McCartney has topped the Sunday Times Rich List of musicians with the £680m fortune he shares with his wife Nancy Shevell.

Sir Paul, whose American heiress wife is said to be worth £150m, has topped each list since 1989 when he was worth an estimated £80m.

Andrew Lloyd Webber was second, with £620m, while Irish rock band U2 were third, with £520m.

The full list will be published by the newspaper on Sunday 21 April.

Victoria Beckham, who shares an estimated £200m fortune with husband David, was joint fifth with Rolling Stone frontman Sir Mick Jagger.

Rocker Ozzy Osbourne and TV personality wife Sharon also feature as does Coldplay lead singer Chris Martin, who shares his fortune with film star wife Gwyneth Paltrow.

Oscar-winner Adele topped the list for young music millionaires in Britain and Ireland with an estimated fortune of £30m.

The singer made £10m in the last year despite taking time off to recover from a throat operation and have a baby.

The release of her James Bond theme song for Skyfall and continuing sales of her award-winning album 21 has seen her value increase by 50%.

Cheryl Cole's estimated worth has increased by £2m in the year Girls Aloud performed their reunion tour and she remains in second place with £14m.

While each of the five members of boy band One Direction are worth £5m according to the Sunday Times list after the UK and US success of their first two albums.