Mick Jagger Says Potential $500 Million Rolling Stones Catalog Sale Could Go to Doing ‘Some Good in the World’
Like any 80-year-old parent, Mick Jagger is thinking about what he will leave behind for his children. In the Rolling Stones singer’s case, though, that means doing the math on dividing his fortune amongst his eight children, as well as pondering what to do with a potential blockbuster sale of the band’s hits-packed catalog.
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In an interview with the Wall Street Journal magazine (pay-walled) this week, Jagger was asked to peer into the future and ponder what kind of payday the band might score if they sold their post-1971 catalog, which includes such landmark albums as Sticky Fingers (1971), Exile on Main St. (1972) and It’s Only Rock ‘n Roll (1974).
At present, Jagger said the group has no plans to follow in the footsteps of such peers as Bob Dylan, Neil Young, Stevie Nicks, David Crosby and Paul Simon — who’ve sold all or parts of their publishing in mega deals — in order to support his offspring, who rang in age from 52 to six. Jagger said, “the children don’t need $500 million to live well. Come on,” he told the magazine.
One idea Jagger suggested is that whatever the windfall is it should maybe go to charity. “You maybe do some good in the world,” said the singer who also noted that his decision to oversee the band’s business affairs more than half a century ago was mostly an act of self-preservation. “I don’t actually really like business, you know what I mean?,” added the London School of Economics dropout. “Some people just love it. I just have to do it… Because if you don’t do it, you get f—ed.”
The Stone are gearing up to release their first studio album in 18 years, Hackney Diamonds, on Oct. 20.
Billboard
Billboard
