Among his eight children, Mick Jagger has a designer, an actor, a model and a journalist, and if the Rolling Stones frontman has anything to say about it, they at least have to put in some effort Only then can we carve our own path in the world.
london rock legend estimated value About $500 million, but Jagger said he has no plans to increase that number by selling any of the Stones’ music catalog.
This strategy is increasingly used by various music stars.Justin Bieber sells his music catalog US$200 million in 2023Katy Perry Reportedly Sold Hers $225 per month mega.
Stars who have appeared with the Stones have also sold their works: Bob Dylan, for example, sold his entire collection for more than $300 million in 2020, while David Bowie Bowie collection sold for $250 million in 2022.
But Jagger, 80, has no plans to join this elite group and said even if he did sell the catalog, the proceeds would likely go to charity.
“Kids don’t need $500 million to live a good life. Come on,” Jagger told wall street journal In an interview released this week.
With this money, “you might be able to do some good in the world,” he added.
Another money-making tool for many artists is their autobiography. For example, U2 frontman Bono reportedly earned €6.5 million ($6.9 million) for his memoir, surrender. Jagger has also ruled out that option, appearing instead to focus on the release of the band’s next album.
Hackney Diamond It’s the Stones’ first original release in nearly two decades, but if previous records are anything to go by, the band is expected to sell millions of dollars.
among them best selling album Among them, “Hot Rocks” sold nearly 7 million copies, and “Some Girls” sold more than 6 million copies.
The super rich don’t save money for their children
No matter how long the payday is Hackney Diamond For Jagger’s part, the British music icon seemed convinced that his children wouldn’t need to spend millions more to live their lives.
among his children Models Georgia May Jagger and Elizabeth Jagger, as well as Netflix producer Karis Hunt Jagger and jewelry designer Jade Jagger.
They’re not the only ones who have famous parents who don’t intend to give them a lavish lifestyle. In fact, many ultra-wealthy parents have publicly stated that they don’t want to leave their children anything but a sum of money to live comfortably.
Microsoft co-founder Bill Gates shares the same mentality as Jagger. “Our children will get a good education and some money, so they will never be poor, but they will Go out and have your own business,” he explain. “Allowing children to have vast wealth is not a favor to them. It distorts anything they might do and creates their own path.”
Legendary investor Warren Buffett feels the same way, and he famously said wealth In 1986, he would give children “enough money so they feel they can do anything, but not so much that they can’t do anything.”
Shark Tank Star Mark Cuban also told his children they can’t rely on him forever.
The man is reportedly worth $6.5 billion Bloomberg Billionaires Indextold Steve Harvey’s talk show “Steve is on duty” In 2020, his message to his kids was clear: “I’m not writing you a check. You get more than a credit card. You can’t just buy what you want.”
“I told them, ‘The first thing I say to all of you when you’re healthy is, I don’t want you to qualify as assholes.'”
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