Mick Jagger Turns 70 While The Rolling Stones Tours Add Up to Billions
Happy 70th birthday Mick Jagger!
Hard to believe The Rolling Stones lead singer is a septuagenarian. Maybe harder to believe that the band still tours after 50 years. Their current tour has grossed about $125 million, according to Anthony DeCurtis, contributing editor to Rolling Stone magazine.
"The Stones tours since 1989 have grossed. I would say, at least $1.5 billion. They earn their reputation as a live band..."
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And that's a big reputation. Three of their tours rank in the Top 10 grossing tours of all time -- "A Bigger Bang Tour" from 2005-2007 grossed $558 million, according to Billboard.
So The Daily Ticker's Aaron Task had to ask: Are they touring for the money? "I don't think The Rolling Stones need the money at this point," says DeCurtis. Turns out that's a lesson they learned the hard way.
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"When The Rolling Stones were broke at the end of the sixties... they went to like really one of the most kind of conservative straight English bankers [Prince Rupert Loewenstein] and Jagger and he formed a relationship and that guy handled their money up until a few years ago." DeCurtis says Prince Rupert's money-managing skills served The Rolling Stones well. "He was somebody who made very conservative bets with him that paid off over time."
Various estimates put Sir Jagger's net worth at $300 million.
So what do you get a knighted millionaire rock star for his 70th birthday? Send your thoughts to: thedailyticker@yahoo.com.
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