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Daily Mirror
Daily Mirror
Entertainment
Joel Leaver

Liam Payne says £50m fortune will go to son Bear - who will inherit 'several companies'

Liam Payne has suggested that his multi-million pound fortune is all for his son Bear Payne, revealing that he will hand over several companies to his child when he is older.

The singer, 28, opened up about parenthood on the latest episode of the Impaulsive podcast earlier this week, during which he was interviewed by its host Logan Paul, 27.

The One Direction member spoke during the episode about being a father to son Bear, five, whom he shares with his ex Cheryl, 38 - who was his partner from 2016 to 2018.

The performer - who reportedly has a net worth of £46 million - explained to the podcast host that his money is for his young son, and that he even has plans for Bear's future.

Liam Payne spoke about parenthood on a recent podcast (Getty Images)
He shares son Bear Payne with ex-partner Cheryl (INSTAGRAM)

He said: "My life now is his, my money is his. I have actually got several companies that are up and running that I know he can run one day if he wants to or [he can sell them]".

Liam and Cheryl announced the birth of their son Bear in March 2017, with the now five-year-old described as a "lovely boy" by his father in the recent podcast interview.

He further commented that he's "blessed" to have the youngester in his life, with the award-winning musician having described being a parent as "the coolest thing".

Bear, who is now five, was born in 2017 (Instagram)

Liam said taking his son to school is one of his "favourite things," revealing that he lives close to Cheryl - who he described in the interview as "the best mum in the world".

He said they're friends and that she gives him "full autonomy" to be able to do what he does, adding: "At the same time, I know [Bear is being] taken care of [by her]."

The singer - who had auditioned for Cheryl on the X Factor years before they began a relationship - said he "couldn't ask for someone better" to raise his son with.

Liam has said that Cheryl is the 'best mum' (Getty)

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Liam auditioned for the X Factor in 2008 and 2010, with him placed into band One Direction in the latter series. Cheryl had been a judge on the show in both those years.

Discussing having auditioned for her on show, more than five years before they dated, he told podcast host Logan that it's the "weirdest how I met your mother story ever".

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