John & Mccartney's Lost Millions Revealed In New Rich List

The credit crunch has bit down hard on some of the U.K.'s wealthiest musicians - SIR ELTON JOHN and SIR PAUL MCCARTNEY have both lost millions in the last 12 months.
According to Britain's Sunday Times' annual rich list, which categorises the U.K.'s wealthiest people, many of the country's most prominent musical talents have lost huge chunks of their fortunes in the ongoing global economic crisis.
And Rocketman John and Beatle legend MCCartney are among the worst hit.
The newspaper reveals John has lost a huge 26 per cent of his massive wealth - dropping from $329 million (£235 million) in 2008 to $245 million (£175 million) in 2009.
Meanwhile, MCCartney has allegedly had $84 million (£60 million) chopped off his $700 million (£500 million) fortune.
But things aren't so gloomy for the iconic rocker, he sits in third position of the richest men in the U.K. music industry behind record label mogul Clive Calder and musical impressario Lord Andrew Lloyd-Webber.
Although Sir Elton John may be upset to find he is in the number eight position - which he has to share with Rolling Stones' hellraiser Keith Richards.
The top ten musical millionaires in 2009 according to the Sunday Times is:
1. Clive Calder ($1.8 billion/£1.3 billion)
2. Lord Lloyd-Webber ($1.05 billion/£750 million)
3. Sir Paul MCCartney ($700 million/£440 million)
4. Sir Cameron MACkintosh ($490 million/£350 million)
5. Simon Fuller ($420 million/£300 million)
6. Sir Mick Jagger ($266 million/£190 million)
7. Sting ($252 million/180 million)
8= Sir Elton John ($245 million/£175 million)
8= Keith Richards ($245 million/£175 million)
10= Olivia and Dhani Harrison (George Harrison's widow and son) ($196 million/£140 million)
10= Sir Tim Rice ($196 million/£140 million)


Contactmusic

Tags: Elton John - Sir Paul McCartney

Advertisement

More Elton John

Kiss With Liz Hurley Fetches $81,000 At Elton John's Charity Auction

How much would you fork out to lock lips with your celebrity crush? Well, in the case of Liz Hurley, one punter paid $81,000 (£50,000)...

Sir Elton John Distances Himself From UKIP After Party Leader Hints At Support

Sir Elton John will not be favouring any political party in the UK election - despite claims from Nigel Farage that the singer may support...

Smokey Robinson - The Tracks Of My Tears ft Elton John (Audio) Video

Smokey Robinson has teamed up with Elton John on a new version of his 1965 song with The Miracles, 'The Tracks Of My Tears'. He...

Elton John Believes Jesus Would Not Oppose Gay Marriage In 2014

Elton John believes anyone who opposed gay marriage due to their religious beliefs are wrong.The British icon recently sat down with Sky News and discussed...

Advertisement

Bonnaroo Sunday Highlights: Elton John Closes, Wiz Khalifa Gives Rousing Speech

Bonnaroo festival ended on a high note yesterday, with Elton John as the final performer – but not before fans had been queuing up for...

Ed Sheeran Received Sage Advice From Fairy Godfather-like Pharrell

With his sophomore album, X, Ed Sheeran is taking a whole new musical direction and he couldn’t have found a better advisor than Pharrell Williams....

Elton John Talks To Reporters On The Red Carpet During Birthday Bash In Vegas

Sir Elton John is snapped taking interviews on the red carpet at The Fizz in Caesars Palace Hotel and Casino, Las Vegas where he was...

Elton John Will Marry Longtime Partner David Furnish In May

Elton John and David Furnish will be tying the knot in the near future.The iconic singer and his partner will get married in May after...

Advertisement

Comments

zizoza's picture

zizoza

Are we suppose to feel sorry for the rich and famous all the time, come into our world rich boys.
Import Source: 
comments.nsf
Import Date: 
1322487143

5 years 5 months ago
Report
View Comments

Elton John Newsletter

Subscribe to this news alert service to receive news and reviews on Elton John

Unsubscribe | Unsubscribe All