The 69-year-old singer's mass fortune was estimated at USD 792 million last year but has now risen to USD 1.6 billion because of his wife's family fortune, reported Contactmusic.
The couple is third in the Sunday Times Rich List Music Millionaires Top Fifty, with theatre producer Cameron MACkintosh and record executive Clive Calder placed above them.
Andrew Lloyd Webber came fourth because of his USD 944 million personal fortune and Irish rockers U2 made fifth spot with a combined haul of USD 822 million.
David and Victoria Beckham joined Rolling Stones rocker Mick Jagger in 10th place after earning USD 304 million. PTI JCH