Famous Musician Bankruptcies (Yahoo)
 

"How Do You Expect Me to Live on $10 Million a Year?": Famous Musician Bankruptcies

From Yahoo Music:

http://new.music.yahoo.com/blogs/get...-bankruptcies/

Posted Fri Jun 12, 2009 6:00am PDT by Shawn Amos in GetBack

Mick Fleetwood

By the early '80s, Fleetwood Mac's drummer had sold more than 55 million albums and was selling-out tours all over the world. While his bandmates were able to hold on to their wealth, Fleetwood filed for bankruptcy in 1984. He blew millions on real estate (including a $1.8 million farm in Australia and a$400,000 home in Hawaii) and failed restaurants. Oh... and drugs. Fleetwood estimates he spent $8 million on cocaine. He saved a bunch of money by kicking his habit in '91, then he got the band back together for a '90s bailout tour, which put an estimated $3.5 million in his pocket so he could get himself on his feet again.

Does the bankruptcy mean that Mick lost the income stream from the earlier FM albums?

Also, there is a big gap between 84 and the 90s bailout tour. What happened during that time?