Niall Horan pays himself €2.4m from two Irish companies
Mullingar native released first solo album in 2017 after leaving One Direction
Niall Horan set up Jaredon Ltd in June 2017 to help manage his solo career after his time with the One Direction. Photograph: Getty
Mullingar singer-songwriter Niall Horan paid himself €2.4 million from his two Irish companies last year.
New accounts filed by Neon Haze Music Ltd and Jaredon Ltd show Horan – who turns 26 next month – earned the salary after combined revenues surged to €6.1 million at the two music companies.
Horan set up Jaredon Ltd in June 2017 to help manage his solo career after his time with the One Direction. His debut solo album, Flicker, was released at the end of 2017.
Accounts for Jaredon show that the business had revenues of €4.6 million in the 17 months to the end of November last. Neon Haze meanwhile had €1.43 million in sales for the 12 months to the end of November last.
Horan paid himself €1.43 million from Jaredon Ltd over the 17 months and an additional $1.13 million (€1 million) from Neon Haze Music Ltd over the 12-month period.
The combined payment is down on the $2.994 million Horan received in pay from Neon Haze Music Ltd in 2017.