MK worth

[Simon]

There was an article on the news tonight about the recent Euro Lottery winners who won

[Love Expresso]

Yes, and it

[sweetsurrender]

I thought MK is worth more than that. In the 100 millions or so.  I read somewhere he's like # 20 something richest man in the UK. Maybe I'm wrong !  Anyway, whatever MK net worth is, his music has given us fans money for everything.  Long live MK.

[superval99]

There was an article in "Q" Magazine just after "Golden Heart" was released about the 100 richest rock stars and MK was #12 worth

[dustyvalentino]

These things are base on The Sunday Times Rich List. Basically The Sunday Times gathers as much information as it can about an individual (known property, earnings as reported through their companies etc) and then... makes a figure up. These figures are entirely made up by journalists and as such aren't really worth talking about.

For what it's worth, since I started following these things in the mid-90s, MK is ALWAYS reported around the

[Justme]

Being on that list seems to mean also, that he isn't rich enough to prompt a removal from this list. ;-)

British Grove Studios must have been a costly investment, but I'm sure that it will pay in the long-run - certainly in musical ways.
Anyway, I do honestly think that he fully deserves his wealth.

[Simon]

I thought MK is worth more than that. In the 100 millions or so.  I read somewhere he's like # 20 something richest man in the UK. Maybe I'm wrong !  Anyway, whatever MK net worth is, his music has given us fans money for everything.  Long live MK.

Well the people that won

[Simon]

These things are base on The Sunday Times Rich List. Basically The Sunday Times gathers as much information as it can about an individual (known property, earnings as reported through their companies etc) and then... makes a figure up. These figures are entirely made up by journalists and as such aren't really worth talking about.

For what it's worth, since I started following these things in the mid-90s, MK is ALWAYS reported around the

[superval99]

According to the Sunday Times, he was placed at 924 overall richest in 2009 - up from 1118 and I have worked out, he is 24th in music!

[Waterline Man]

I'd imagine that a lot of people that are up to their necks in property have fallen way down that list from previous years .

The best of luck to him & I hope that the fact that he can lead a more comfortable life means that he will be around longer for all of us to enjoy more of his music

[Simon]

I suppose the majority of the rich have some or all of their assets in property and or stock and therefore when these fall so does all of their wealth so it probably doesn't affect their relative positions in the 'rich list'.

[Pottel]

considering the 120 million sold albums alone, and considering the average price for a cd/LP/MC, not counting the video's and dvd's, not considering the tours, i am pretty sure that he is worth more then that, and that is NOT considering his various properties (new york, Beaulie, Chelsea, british grove, i believethere was something in france as well,...etc..)

[Simon]

considering the 120 million sold albums alone, and considering the average price for a cd/LP/MC, not counting the video's and dvd's, not considering the tours, i am pretty sure that he is worth more then that, and that is NOT considering his various properties (new york, Beaulie, Chelsea, british grove, i believethere was something in france as well,...etc..)

But he has had to survive for the last 33 years as well:-) He didn't just stash the cash and live on handouts.

The actual prices of merchandise do not have too much affect on the earnings of someone in this industry. It is the wholesale price that determines their 'take'. And it all depends on how 'canny' someone is when agreeing contracts. Young naive artists may get taken for a ride quite easily and end up with nothing but a signing on fee. While the wiser more astute ones will have a decent % of sales (again these are wholesale prices and not high street prices which are usually 4 or 5 times greater than the actual production costs).

[Pottel]

here the article in question, and John (!) was also included there, and a decent 34th place or something


and

[Simon]

I wonder what Ron Wood was selling to earn