MUMBAI: Singer Ed Sheeran rakes in 63,000 pounds a show during his marathon world tour, so much so that the ‘Thinking Out Loud’ hitmaker had minted a staggering amount of 6.2 million pounds barely half way through his 17-month-long 'X' tour.

The tour began in Osaka, Japan on 6 August last year and will continue through Europe, America, Oceania and Asia until December 2015 where it will end in New Zealand.

Sheeran says that he gives himself only 1,000 pounds a month to spend, reports mirror.co.uk.

“I have not upgraded because I do not spend much money. If I had all my money in one account I would spend all of it, so I get an allowance. Maybe a grand. I spend most of it on taxis,” Sheeran said.

The 24-year-old says he often buys discount DVDs from Amazon and eats at high-street bakers Greggs.

When he is not in a taxi, he drives a Mini Cooper and wears his own clothes for fashion shoots, dressing in trainers and jeans.

According to the Sunday Times Rich List, Sheeran is seventh on the list of wealthiest musicians under the age of 30, with a fortune of 20 million pounds.

His tour earnings are detailed in accounts lodged with Companies House.