One Direction 'are UK's wealthiest boy band'

Liam Payne, Louis Tomlinson, Zayn Malik, Niall Horan and Harry Styles of One Direction attend the Brit Awards 2013 at the 02 Arena (Getty Images)

One Direction are set to be named the UK's wealthiest boy band, according to reports.

The X Factor finalists - Niall Horan, Liam Payne, Zayn Malik, Harry Styles and Louis Tomlinson - are reported to have amassed a £5 million fortune each since they formed in 2010.

The list will reveal that the boys have rocketed into the list of music millionaires aged under 30, and their combined wealth of £25 million will make them the richest boy band in the country, reported The Sun.

PA