Ed Sheeran gives most of his fortune away.
The 26-year-old singer – who has an estimated wealth of £68 million – isn’t interested in saving his cash and as long as he is comfortable, he would rather use his money to support his loved ones and good causes he believes in.
He said: "It’s like, earn a penny, spend a penny with me. As soon as it comes in, it goes out. I don’t have that much value on it.
"I have more value on my friends and family being OK. A lot of my money goes to charity or to children’s hospitals near where I live.
"I have enough to be comfortable and the rest goes to help people."
However, the ‘Castle on the Hill’ singer admits his wealth has caused him to lose friends.
He said: "I do think money is the root of all evil.
"I’ve never lost more friends in my life than I have done after finding money coming to my life."
And Ed admitted fame has made him "paranoid" because of the way people treat him.
He told Britain’s OK! magazine: "It changed the people around me more than it changed me. And that in turn changes you because when the people around you change towards you, you can get very paranoid.
"Fame is a weird thing. I can’t walk outside my house without putting on a baseball cap, sunglasses and a hood.
"And even then you can’t really go anywhere. That’s why I moved back to my hometown where everyone treats me normally, where I can walk around normally."
Ed Sheeran gives wealth away
