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One Direction could double worth next year

Jun 16, 2012, 4:01 GMT

One Direction could double their worth

One Direction's worth is expected to double in value by next year.

'The X Factor' 2010 rejects have been raking in funds recently helped by an album that went to number one in 16 countries and a DVD that topped the charts in 25 places.

Sony Music UK's boss revealed that Niall Horan, Liam Payne, Louis Tomlinson, Zayn Malik and Harry Styles - who are signed to Simon Cowell's Syco in Britain and Columbia in America - are already worth £32million.

Nick Gatfield said: 'We fully expect to double that £32million figure next year.

'The team around them, including musicians, stylists, producers, tour managers and so on, is 90-strong,' he continues. That's 90 jobs created by these five boys.'

Louis, 20, bought £2.5million, five-bedroom house in North London, while Zayn, 19, recently snapped up a £2.2million property.

Harry, 18, spent £575,000 on an East London residence.

The group is planning on blowing some of their cash by betting on the sweepstake on the Euro 2012 football tournament.

Liam, 18, confirmed: 'We're all in a sweepstake with the crew as to who's gonna win Euro 2012.'