Not included is the vast sum he is expected to have made from his mammoth 169-date stadium tour, with the amount due to be revealed next year.

A source told the newspaper: ‘Harry is now one of the most profitable men in music. The figures speak for themselves. He is absolutely loaded and his career is still on the rise.

Success story: Harry Styles, 29, reportedly earned a whopping £105,000 per day last year thanks to his hit album Harry’s House (pictured in February)

‘When One Direction split up, there was uncertainty about how the members would fare as solo artists.

‘But Harry has more than proven his worth. He is making more money now than ever before. The numbers are actually hard to fathom.

‘But he has worked really hard and has devoted himself to music for the past few years. The proof is in the pudding.’

A representative for Harry declined to comment when contacted by MailOnline.

Meanwhile, Harry purchased a £3.8million Grade II listed building last year in Maidstone and plans are now in place to transform it into a nursery for toddlers.

The star bought the ‘spectacular’ building in December which has been ‘used as offices’ making it easier to convert into a nursery.

Following buying the property, the three-time Grammy Award winner is expected to receive a fortune each year as a landlord for his new business.

Unfortunately for Harry’s fans, they are unlikely to see the hitmaker around the property.

Raking it in: According to The Sun, documents filed with Companies House state Harry made £38.5million profit (pictured in February)

A source told The Sun: ‘The building is absolutely spectacular, so keeping it as a home would be what most people would want. But it has most recently been used as an office so it is easier to convert it into something else.

‘It is a savvy investment for Harry, who can now sit back and watch the money roll in as the landlord.

‘Unfortunately, any fans of his music who attend, or their parents, are unlikely to see him there. But it’s still a cool connection to one of music’s biggest stars.’

It comes as rumours around who will be the new James Bond continue to circulate, it has been revealed that Harry may be the next artist to sing the upcoming film’s theme tune.

The track, previously sung by megastars such as Billie Eilish, Adele and Sam Smith, has be known to make chart topping success with Adele even winning an Academy Award for her hit Skyfall for the film of the same name.

The Watermelon Sugar singer has now emerged as the bookies favourite sing the next James Bond theme tune ahead of both Ed Sheeran and Elton John.

William Kadjanyi, political analyst at Star Sports, said: ‘With the next James Bond film being discussed more and more, it seems increasingly likely that Harry Styles, one of the biggest names in music today, could be the voice we hear in the opening titles of the next Bond film.

‘And this is not forgetting Ed Sheeran, whose music has already appeared in the likes of The Hobbit, at 8/1 and the ever-popular Lewis Capaldi, following closely behind Styles in the market at 10/1.’

The former One Direction star has achieved incredibly success since he embarked on his solo career, especially in the wake of his third album Harry’s House.

The singer went on to tour across the world with his Love On Tour show playing to more than five million people over 173 dates, including four consecutive nights at Wembley Stadium.