'Heart Skips A Beat' hitmaker Olly Murs has seen his earnings rocket into seven figures, thanks to his thriving pop career, touring, and stint as host on The Xtra Factor.
According to his accounts for his company 'Stanley Entertainment', the 28-year-old has reached the financial milestone at the end of 2011, meaning that most of the profits from his recent tour and double platinum-selling LP In Case You Didn't Know, aren't included.
An insider told The Sun newspaper:
''Olly is a real grafter - he's worked his socks off since he took part in The X Factor.
''He is constantly juggling working on The Xtra Factor, touring and recording new music, so every penny is hard earned.''
Murs was quoted earlier this year admitting that he would love to become a millionaire by the end of 2012.
Said the Essex-born star,
''Am I a millionaire yet? That will hopefully come this year. The difference with me is that I am very concious of my money and I look after it.''
Olly's income could be set to boost even further, after the singer announced the release of his debut album in the U.S, where he plans to release his record 'Troublemaker' featuring rapper Flo Rida on November 18.
His third studio album Right Place Right Time will follow on November 26.