Sir Mick Jagger is recognized as one of the most iconic rock stars globally and has amassed considerable wealth throughout his career. Nevertheless, he recently indicated that he does not intend to bequeath his fortune to his offspring.
At 80 years old, the frontman of the Rolling Stones has been a prominent figure in the music industry since the band’s inception in London in 1962.
Over the years, the band has produced 31 studio albums, 122 singles, and 77 music videos, achieving sales exceeding 200 million records worldwide. Billboard has ranked them as the second greatest artist of all time, following only The Beatles. The Rolling Stones are also celebrated for their longevity, having remained together for an impressive 61 years.
In a recent interview with the Wall Street Journal, Jagger, who is a father of eight, stated that he has no intention of selling the band’s post-1971 catalog, a trend that many musicians have pursued. This practice involves selling the rights to their songs or recordings. For instance, Bob Dylan sold his music catalog for $300 million, and Dolly Parton has shown interest in a similar venture.
During the interview, Jagger remarked that even if The Rolling Stones were to sell their music catalog, he would not pass the proceeds on to his children, asserting, “The children don’t need $500 million to live well. Come on.”
The father of eight has stated that he has no intention of selling the band’s catalog from after 1971, a trend that has gained popularity among musicians. This practice involves transferring the rights to their songs or recordings. For instance, Bob Dylan sold his music catalog for $300 million, and Dolly Parton has shown interest in a similar move.
In a recent interview, Jagger remarked that even if The Rolling Stones were to sell their music catalog, he would not be passing the proceeds on to his children. “The children don’t need $500 million to live well. Come on,” he commented.
Elizabeth Jagger, Mick Jagger, Jade Jagger, and Jade’s mother, Bianca Jagger, were photographed together in 2001. Credit: Dave Benett / Getty.
However, should a deal occur, Jagger expressed a preference for the funds to be directed towards charitable causes. “You maybe do some good in the world,” he noted.
Overall, the singer of ‘You Can’t Always Get What You Want’ has eight children with five different women, whose ages range from six to 52. The eldest, 52-year-old Karis, was born in 1970 to Jagger and his then-partner Marsha Hunt.
Another daughter, 51-year-old Jade, was born during Jagger’s marriage to Bianca Jagger, which lasted from 1971 to 1978.
Actress Jerry Hall, who was Jagger’s partner from 1977 to 1999, had four children with him: daughters Elizabeth, 39, and Georgia May, 31, as well as sons James, 38, and Gabriel, 25.
Jagger’s seventh child, 24-year-old Lucas, was born during his relationship with model Luciana Gimenez Morad. In 2016, Jagger’s current partner, choreographer and former ballerina Melanie Hamrick, gave birth to his youngest child, six-year-old Deveraux.
Indeed, this is a large family with many individuals to share a significant fortune.
What are your thoughts on Mick Jagger’s choice not to bequeath his wealth to his children? Would you make a similar decision? We welcome your opinions in the comments.
If you found this article about Mick Jagger interesting, you may also want to explore why Gordon Ramsay has opted not to pass his wealth to his children.
