Cat Posted April 25, 2008 Share Posted April 25, 2008 Friday, 25 April 2008 As part of its annual Sunday Times Rich List, The Sunday Times has produced a top 50 chart of Britain's wealthiest music millionaires (in addition to the Young Music Millionaire's list) which includes performers, producers and record company owners. The list sees Sir Paul McCartney valued at £500m despite the fact that reports from his recent divorce hearing said he was worth £400m. Guy Hands, who bought EMI for £2.4bn, is the top new entry in the list with £250m and seventh place. Chris Blackwell, the London-born founder of Island Records, is another new entry with £100m. 1 Clive Calder £1,300m 2 Lord Lloyd-Webber £750m 3 Sir Paul McCartney £500m 4= Simon Fuller £450m 4= Sir Cameron Mackintosh £450m 6 Madonna and Guy Ritchie £300m 7 Guy and Julia Hands £250m 8 Sir Elton John £235m 9 Sir Mick Jagger £225m 10 Robert Stigwood £212m 11 Sting £200m 12 Keith Richards £190m 13 Sir Tom Jones £170m 14= Olivia and Dhani Harrison £160m 14= Jamie Palumbo £160m 16 Sir Tim Rice £155m 17= Eric Clapton £140m 17= Phil Collins £140m 17= Ringo Starr £140m 20 David and Victoria Beckham £125m 21= Robert Bourne and Sally Green £120m 21= David Bowie £120m 21= Barry and Robin Gibb £120m 21= Rod Stewart £120m 25 Simon Cowell £112m 26= Roger Ames £110m 26= Ozzy and Sharon Osbourne £110m 28 Robbie Williams £105m 29= Chris Blackwell £100m 29=Charlie Watts £100m 31= George Michael £95m 31= Roger Waters £95m 33 David Gilmour £85m 34= Moya Doherty and John McGolgan £80m 34= Robert Plant £80m 36 Engelbert Humperdinck £79m 37= Brian May £75m 37= Jimmy Page £75m 39= Mark Knopfler £70m 39= Roger Taylor £70m 39= Chris Wright £70m 42 John Deacon £65m 43 Judy Craymer £58m 44= Nick Mason £55m 44= Van Morrison £55m 46 Sir Cliff Richard £50m 47= Noel and Liam Gallagher £45m 47= Bernie Taupin £45m 47= Prince Rupert Loewenstein £45m 50 Mick Hucknall £42m Taken from The Sunday Times Rich List Link to comment Share on other sites More sharing options...
misty mountain Posted April 26, 2008 Share Posted April 26, 2008 Friday, 25 April 2008 As part of its annual Sunday Times Rich List, The Sunday Times has produced a top 50 chart of Britain's wealthiest music millionaires (in addition to the Young Music Millionaire's list) which includes performers, producers and record company owners. The list sees Sir Paul McCartney valued at £500m despite the fact that reports from his recent divorce hearing said he was worth £400m. Guy Hands, who bought EMI for £2.4bn, is the top new entry in the list with £250m and seventh place. Chris Blackwell, the London-born founder of Island Records, is another new entry with £100m. 1 Clive Calder £1,300m 2 Lord Lloyd-Webber £750m 3 Sir Paul McCartney £500m 4= Simon Fuller £450m 4= Sir Cameron Mackintosh £450m 6 Madonna and Guy Ritchie £300m 7 Guy and Julia Hands £250m 8 Sir Elton John £235m 9 Sir Mick Jagger £225m 10 Robert Stigwood £212m 11 Sting £200m 12 Keith Richards £190m 13 Sir Tom Jones £170m 14= Olivia and Dhani Harrison £160m 14= Jamie Palumbo £160m 16 Sir Tim Rice £155m 17= Eric Clapton £140m 17= Phil Collins £140m 17= Ringo Starr £140m 20 David and Victoria Beckham £125m 21= Robert Bourne and Sally Green £120m 21= David Bowie £120m 21= Barry and Robin Gibb £120m 21= Rod Stewart £120m 25 Simon Cowell £112m 26= Roger Ames £110m 26= Ozzy and Sharon Osbourne £110m 28 Robbie Williams £105m 29= Chris Blackwell £100m 29=Charlie Watts £100m 31= George Michael £95m 31= Roger Waters £95m 33 David Gilmour £85m 34= Moya Doherty and John McGolgan £80m 34= Robert Plant £80m 36 Engelbert Humperdinck £79m 37= Brian May £75m 37= Jimmy Page £75m 39= Mark Knopfler £70m 39= Roger Taylor £70m 39= Chris Wright £70m 42 John Deacon £65m 43 Judy Craymer £58m 44= Nick Mason £55m 44= Van Morrison £55m 46 Sir Cliff Richard £50m 47= Noel and Liam Gallagher £45m 47= Bernie Taupin £45m 47= Prince Rupert Loewenstein £45m 50 Mick Hucknall £42m Taken from The Sunday Times Rich List Thats really interesting .!It seems strange/hard to believe that led zepplin members are not very high on the list considering there record sales are amongst the top 3 all time sales figures and to think that Engelbert Humperdinck £79m (jimmy page and john paul jones were the session players for his biggest hits)If you listen to "after the lovin" it sounds like a bass played by jpj in the intro? Link to comment Share on other sites More sharing options...
Knebby Posted April 26, 2008 Share Posted April 26, 2008 I don't think it is very accurate. That estimation (of Page and Plant) has been the same since 1996. Link to comment Share on other sites More sharing options...
Cat Posted April 26, 2008 Author Share Posted April 26, 2008 I don't think it is very accurate. That estimation (of Page and Plant) has been the same since 1996. Regardless, I find it interesting that JP is lower on the list than RP. Perhaps he's no longer "Led Wallet"? Link to comment Share on other sites More sharing options...
Gainsbarre Posted April 26, 2008 Share Posted April 26, 2008 I don't think it is very accurate. That estimation (of Page and Plant) has been the same since 1996. Not really, the 2004 list had Plant and Page at £45m Not sure about their evaluation of Paul McCartney though. Last year they estimated him at £725m. How could he have lost £225m in one year? Link to comment Share on other sites More sharing options...
SteveAJones Posted April 26, 2008 Share Posted April 26, 2008 Not sure about their evaluation of Paul McCartney though. Last year they estimated him at £725m. How could he have lost £225m in one year? Heather Mills. Link to comment Share on other sites More sharing options...
Cat Posted April 26, 2008 Author Share Posted April 26, 2008 Heather Mills. You beat me to it! Link to comment Share on other sites More sharing options...
SteveAJones Posted April 26, 2008 Share Posted April 26, 2008 You beat me to it! Cat, I never knew you wanted to divorce Paul McCartney! Link to comment Share on other sites More sharing options...
Cat Posted April 26, 2008 Author Share Posted April 26, 2008 Cat, I never knew you wanted to divorce Paul McCartney! I've always been a John Lennon fan Link to comment Share on other sites More sharing options...
SteveAJones Posted April 26, 2008 Share Posted April 26, 2008 I've always been a John Lennon fan ...and Paul McCartney is a Lennon fan despite their divorce! Link to comment Share on other sites More sharing options...
Cat Posted April 26, 2008 Author Share Posted April 26, 2008 ...and Paul McCartney is a Lennon fan despite their divorce! Very true. Link to comment Share on other sites More sharing options...
Gainsbarre Posted April 26, 2008 Share Posted April 26, 2008 Heather Mills. She only got £16m in cash out of him. After they left court she said that the judge said he was only worth £400m but that "everybody knows he's worth at least £800m" and I'm inclined to believe her. Link to comment Share on other sites More sharing options...
AlexKx Posted April 26, 2008 Share Posted April 26, 2008 I guess it depends on if you know how to save your money or have made wise investments or not. David Bowie in the late 1990's had some sort of unheard of stock deal that was hot shit for about fifteen minutes and he made one billion U.S. dollars off of it so where in the hell did his empire go, huh? And how about it for Queen, huh? What's that Brian May, Roger Taylor, and John Deacon all up in there! That's kewl fo' sho'! Link to comment Share on other sites More sharing options...
Gainsbarre Posted April 26, 2008 Share Posted April 26, 2008 I guess it depends on if you know how to save your money or have made wise investments or not. David Bowie in the late 1990's had some sort of unheard of stock deal that was hot shit for about fifteen minutes and he made one billion U.S. dollars off of it so where in the hell did his empire go, huh? And how about it for Queen, huh? What's that Brian May, Roger Taylor, and John Deacon all up in there! That's kewl fo' sho'! Yeah Bowie made a deal in the 90's, where, I believe, people could buy stocks and shares in his future music, and, I don't know if he made a billion off it, I thought it was more like $30million But I have to say, I don't know how good the dividends were off those shares... Link to comment Share on other sites More sharing options...
SteveAJones Posted April 26, 2008 Share Posted April 26, 2008 She only got £16m in cash out of him. After they left court she said that the judge said he was only worth £400m but that "everybody knows he's worth at least £800m" and I'm inclined to believe her. She may have received more in non-cash assets. I had thought Andrew Lloyd Weber was the only British musician worth over a billion US dollars but perhaps McCartney has eclipsed that mark as well, particularly as the dollar continues to be devalued. Link to comment Share on other sites More sharing options...
AlexKx Posted April 27, 2008 Share Posted April 27, 2008 Oh no Bowie made a billion U.S. dollars off of the deal it is just that after HE made that dough it was then discovered that it was a bad deal but he had alread made the money...and it was all legal too! Lol! It never made any sense to me to buy stock in something that did not exist yet. Of course I don't know anything. I can only do things like dress myself and pour cereal so don't hold me credible for anything! Link to comment Share on other sites More sharing options...
Gainsbarre Posted April 27, 2008 Share Posted April 27, 2008 She may have received more in non-cash assets. I had thought Andrew Lloyd Weber was the only British musician worth over a billion US dollars but perhaps McCartney has eclipsed that mark as well, particularly as the dollar continues to be devalued. yeah she did receive non cash settlements, but the whole divorce package didn't go over £30million. I mean in 2007, when the Times valued Paul at £725 million, -they- even said that he's probably worth more than that, but they had conservatively estimated £725m in anticipation of money taken out for the divorce...then in just one year to drop the estimate down to £500m doesn't make sense. Link to comment Share on other sites More sharing options...
040879 Posted April 27, 2008 Share Posted April 27, 2008 This may be naive and I'm sure I'll be put straight by all the 'realists' here, but don't most[if not all] of these people pay other people to make sure it's difficult to know for sure just how much they're worth?This may go some way to explaining the appearance of Prince Rupert Von Lowenstein towards the end of the list. Not sure how many big shows he's played.. anyone with a cd or whatever by him,let me know... Isn't there a disclaimer on these lists which essentially amounts to 'Look,we're guessing, albeit in a fairly intelligent way, but this is really just guesswork'? Link to comment Share on other sites More sharing options...
dave2007 Posted April 27, 2008 Share Posted April 27, 2008 Oh no Bowie made a billion U.S. dollars off of the deal it is just that after HE made that dough it was then discovered that it was a bad deal but he had alread made the money...and it was all legal too! Lol! It never made any sense to me to buy stock in something that did not exist yet. Of course I don't know anything. I can only do things like dress myself and pour cereal so don't hold me credible for anything! No way did Bowie make a billion dollars off one deal. That's ludicrous. It was 55 million dollars. Just Google "Bowie Bonds" Link to comment Share on other sites More sharing options...
AlexKx Posted April 27, 2008 Share Posted April 27, 2008 Right you may be right about the bonds worth with Bowie but I thought that he made most of his money head over heals with that deal. This article is old from 2002 but this was the period I understood that Bowie had his wealth of around one billion U.S. dollars. This article stated his worth at the time halfways down... http://news.bbc.co.uk/1/hi/entertainment/showbiz/1745647.stm Link to comment Share on other sites More sharing options...
dave2007 Posted April 27, 2008 Share Posted April 27, 2008 Right you may be right about the bonds worth with Bowie but I thought that he made most of his money head over heals with that deal. This article is old from 2002 but this was the period I understood that Bowie had his wealth of around one billion U.S. dollars. This article stated his worth at the time halfways down... http://news.bbc.co.uk/1/hi/entertainment/showbiz/1745647.stm Yes, it's just that the BBC and others got it wrong at the time. They grossly overestimated his wealth...due to not understanding (or not bothering to look at the details of ) the Bowie Bonds deal. It was a ten year deal for which he got 55 million dollars...I expect someone in the media just went hmmmm 10 times 55 million is £550 million....a much better headline. Print it enough times it becomes "fact" . Link to comment Share on other sites More sharing options...
Gainsbarre Posted April 27, 2008 Share Posted April 27, 2008 Yes, it's just that the BBC and others got it wrong at the time. They grossly overestimated his wealth...due to not understanding (or not bothering to look at the details of ) the Bowie Bonds deal. It was a ten year deal for which he got 55 million dollars...I expect someone in the media just went hmmmm 10 times 55 million is £550 million....a much better headline. Print it enough times it becomes "fact" . Yeah I knew it wasn't a billion, that was the figure bandied around at the time by the media, but I had read that the more realistic figure was £30 million, which makes a bit more sense Link to comment Share on other sites More sharing options...
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