Sir Mick Jagger is one of the most famous rock stars in the world and has become incredibly wealthy. However, he recently suggested that he won’t be passing down his fortune to his children.
The 80-year-old Rolling Stones frontman has been in the music scene since the band formed in London in 1962.
Since then, the band has released 31 studio albums, 122 singles, and 77 music videos. They have sold over 200 million records worldwide and were ranked the second greatest artist of all time by Billboard, just behind The Beatles.
The Rolling Stones are also one of the longest-running music groups ever, staying together for an amazing 61 years!
The Rolling Stones pictured in 2005. (L-R) Charlie Watts, Mick Jagger, Ron Wood, and Keith Richards. Credit / Scott Gries / Getty.
It’s no surprise that the Rolling Stones have made a lot of money, including Mick Jagger.
However, Jagger’s children won’t automatically become rich, as he mentioned in a recent interview with the Wall Street Journal.
The father of eight said he has no plans to sell the band’s post-1971 catalog, which has become a popular move among musicians. This means selling the rights to their songs or recordings. For example, Bob Dylan sold his music catalog for $300 million, and Dolly Parton has expressed interest in doing the same.
In his interview, Jagger said that even if The Rolling Stones sell their music catalog, he won’t be passing the money to his children. “The children don’t need $500 million to live well. Come on,” he said.
Elizabeth Jagger, Mick Jagger, Jade Jagger, and Jade’s mother Bianca Jagger pictured in 2001. Credit / Dave Benett / Getty.
Though, if a deal is made, Jagger would prefer that the money goes to charity. “You maybe do some good in the world,” he said.
In total, the ‘You Can’t Always Get What You Want‘ singer has eight children with five women, ranging from ages 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 relationship with Bianca Jagger, to whom he was married from 1971-1978.
Actress Jerry Hall – who was Jagger’s partner between 1977 and 1999 – had four children with the musician, daughters Elizabeth, 39, and Georgia May, 31, as well as sons James, 38, and Gabriel, 25.
Mick Jagger with his model daughter, Georgia May Jagger, pictured in 2016. Credit / Dave J Hogan / Dave J Hogan / Getty.
Jagger’s seventh child, 24-year-old Lucas, was born during his relationship with model Luciana Gimenez Morad. In 2016, Jagger’s current girlfriend, choreographer and former ballerina Melanie Hamrick, had his youngest child, six-year-old Deveraux.
Wow, that’s a big family with a lot of people to share a massive fortune!
What do you think of Mick Jagger’s decision not to hand over his fortune to his children? Would you do the same? Let us know in the comments!
If you enjoyed this piece on Mick Jagger, you might also want to read about why Gordon Ramsay is choosing not to give his fortune to his children!