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Elton John, McCartney hit by economic crisis: rich list
http://new.music.yahoo.com/elton-john/news/ ^
Posted on 04/24/2009 12:35:35 PM PDT by LottieDah
LONDON (Reuters) British singers Paul McCartney, Elton John and Mick Jagger have lost large chunks of their personal fortunes during the economic crisis over the last year, according to a rich list published on Friday.
Along with many of the world's richest people, their wealth has been eroded by sharp falls in the value of property, shares and other investments, the annual survey for the Sunday Times newspaper said.
Elton John's personal wealth fell by more than a quarter to 175 million pounds from 235 million pounds ($342.3 million) last year.
(Excerpt) Read more at new.music.yahoo.com ...
TOPICS: Miscellaneous; Music/Entertainment
KEYWORDS: entertainment
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1
posted on
04/24/2009 12:35:36 PM PDT
by
LottieDah
To: LottieDah
Pardon me if I’m not all broke up over this one, folks.
2
posted on
04/24/2009 12:37:15 PM PDT
by
Badeye
(There are no 'great moments' in Moderate Political History. Only losses.)
To: Badeye
My first thought was “boo friggin hoo.”
3
posted on
04/24/2009 12:37:53 PM PDT
by
LottieDah
(If only those who speak so eloquently on the rights of animals would do so on behalf the unborn)
To: LottieDah; 537cant be wrong; Aeronaut; bassmaner; Bella_Bru; Big Guy and Rusty 99; Brian Allen; ...
Will Mick Jagger again become a “Street Fighting Man”? I doubt it. Mick and Macca have both left their homeland at times to avoid steep tax rates. Rather than work to get those tax laws changed, they sought personal protections through various tax dodges.
4
posted on
04/24/2009 12:38:14 PM PDT
by
a fool in paradise
(IRONY - we know more about the First Dog's historical papers than we do of President Barack.)
To: LottieDah
their wealth has been eroded by sharp falls in the value of property, shares and other investmentsWell, they ARE too big to fail... right?
5
posted on
04/24/2009 12:38:43 PM PDT
by
John123
(The US may be going down the drain, but everyone else will drown first...)
To: LottieDah
No more champagne enemas for Elton ....
6
posted on
04/24/2009 12:39:02 PM PDT
by
Dallas59
("You know the one with the big ears? He might be yours, but he ain't my president.")
To: LottieDah
7
posted on
04/24/2009 12:40:05 PM PDT
by
Badeye
(There are no 'great moments' in Moderate Political History. Only losses.)
To: a fool in paradise
Wasn't that the real reason why John Lennon fought so hard to get a green card? At the time the top marginal rate in the UK was something like 79% (or more), and he was paying it. Residing here lowered his marginal rate to something like 59%? I may be off on the numbers, but it was something ridiculous like that.
Roger Moore (I think) resided in Switzerland for similar reasons. It was a veritable cottage industry there for awhile, finding offshore tax havens for the wealthy Brits. See how well wealth confiscation worked out?
8
posted on
04/24/2009 12:44:32 PM PDT
by
chimera
To: LottieDah
Can they apply for a bailout?
To: longhorn too
Why not, everyone one else is.
10
posted on
04/24/2009 12:47:05 PM PDT
by
LottieDah
(If only those who speak so eloquently on the rights of animals would do so on behalf the unborn)
To: Dallas59
LOL. He will probalby just stick with the enemas he gets at the gay bath houses.....
To: LottieDah
12
posted on
04/24/2009 12:49:13 PM PDT
by
dennisw
(Your action becomes your habit. Your habit becomes your character, that becomes your destiny)
To: a fool in paradise
Rolling Stones pay taxes in Netherlands and pay the minimum. They hire genius lawyers and accountants. They got ripped off a lot in the beginning
13
posted on
04/24/2009 12:50:34 PM PDT
by
dennisw
(Your action becomes your habit. Your habit becomes your character, that becomes your destiny)
To: a fool in paradise
Rather than work to get those tax laws changed, they sought personal protections through various tax dodges. I dare say that, by ostentatiously relocating and thus avoiding taxes, they may have in fact drawn a great deal more attention to the unfairness (and ineffectiveness) of Britain's tax laws than if they had instead stayed and attempted to "fight it out."
Regards,
To: alexander_busek
They are also working to extend the UK (and EU’s) copyright laws now that their own works are about to become public domain (as are the early works of Elvis, Sinatra, and other “yanks”). What’s changed? Why should some artists be due protection and others allowed to lapse into the public domain?
They are greedy hypocrites who talk peace, love, and socialism. That’s alright jack, keep your hand off my stack...
15
posted on
04/24/2009 12:55:50 PM PDT
by
a fool in paradise
(IRONY - we know more about the First Dog's historical papers than we do of President Barack.)
To: LottieDah
What’s the point of the story? To show us the rich are hurting too? To garner sympathy for them? To still show that even though they’ve suffered ‘loss’ that they’ve still got dump-truck loads of money?
16
posted on
04/24/2009 12:57:20 PM PDT
by
Secret Agent Man
(I'd like to tell you, but then I'd have to kill you.)
To: Anti-Kenyan
Maybe he should go to Russia and get his picture taken with this new monument.
17
posted on
04/24/2009 12:57:38 PM PDT
by
a fool in paradise
(IRONY - we know more about the First Dog's historical papers than we do of President Barack.)
To: Badeye
Yeah, I’m laughing my azz off. Big 0 supporters?
18
posted on
04/24/2009 1:03:53 PM PDT
by
TribalPrincess2U
(Welcome to 0bama's America... Be afraid, be very afraid)
To: LottieDah
McCartney got an ax kickin’ from a one legged gold digger...moreso than the economic downturn.
To: LottieDah
Did McCartney or his money get the splinters?
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