"I have enough to be comfortable and the rest goes to help people..."
Ed Sheeran

Ed Sheeran has revealed that he gives most of his money away.

The songwriter's new album 'Divide' has raced up the charts, breaking all manner of records in the process (Clash review HERE).

Scoring nine of the Top 10 singles, and selling more than 600,000 copies in just one week, Ed has notched up one of the year's biggest hits.

So what does he do with all the money? According to a new interview with OK! Magazine, he tends to give most of it away.

"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," he says. "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."

Despite his success, though, Ed Sheeran is still conflicted over the benefits fame can bring. "I do think money is the root of all evil," he says. "I've never lost more friends in my life than I have done after finding money coming to my life."

'Divide' is out now - catch Ed Sheeran at the O2 Arena, London on June 22nd.

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