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Originally Posted by John Run
Well, this little post has taken on a life of its own, hasn't it?
I have not replied to this thread, as I did not want to become embroiled in a vitriolic debate of who has more, who is better, etc.
I do not know any details of the the personal wealth of any member of the band.
I do know that this tour has averaged a 600-700k GT that included a 250-300k payout to the band with the rest of the GT sum used to pay the 300k+ per show production costs. The numbers have varied a bit depending on the costs associated with particular markets/venues ,as well some reconfiguring of the deal for the second US leg, then EU and AUS, and then finally the 3rd US Leg. The tour is profitable. Stevie and Lindsey are getting more than Mick and John. It was 100/100/50/50 and now is around 85/85/40/40. The GT amount was lowered to help bring down the breakeven point and increase profits on the additional legs where attendance was expected to be on avg around 10k per night and gross receipts around 800k. They split evenly the profit revenues, as well as ancillary revenue streams such as merchandising.
From a broad view Lindsey did not earn more than Stevie over the course of their music careers. However how much of her earnings did Stevie retain?? I don't know. They have all made plenty of money. With good investment, they could have been set for life and never had to earn another dollar from work after 1978.
One final aside. Both the Ritz Carlton and the Four Seasons offer what the they call "residences." They are large apartments that are leased on a long term basis to people who will be calling the hotel home for a while. While they are not cheap, they are not 150k per month either. They usually run around 25-30k per month.
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Thanks for all the information, John.
The 10 million dollar figure being thrown around for Lindsey's new home is also inaccurate. He's owned the property since the late seventies and that house did not cost 10 million dollars to build.