Mick Jagger says that his children do not need his wealth estimated to be $500 million. Hence, he plans to donate it to charity. He revealed this during an interview with The Wall Street Journal.
He believes leaving the money to charity may ‘do some good in the world.’
Mick said that his 8 children ‘don’t need $500 million to live on’
The Rolling Stones hired an accountant named Allen Klein to handle their finances in the 1960’s. He ended up retaining ownership of their catalog rights for the years for which he managed them (1965 to 1970).
The Stones actually received millions of pounds in royalties but this was less than what they would have received if they owned the music.
The Rolling Stones was made up of Ronnie Wood, Keith Richards and Sir Mick. In August 2021, Charlie died at age 80. He died of complications following a heart surgery.
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