Mick Jagger, the legendary frontman of the Rolling Stones, recently declared that the band has no intentions of parting with their extensive music catalog.

This stands in contrast to the recent trend where artists like Justin Bieber and Katy Perry have sold their catalogs for jaw-dropping sums, hovering around $200 million. So, why is Mick Jagger making this unique choice?

Jagger gave a refreshingly practical explanation in an interview with the Wall Street Journal: he and his eight kids do not require the extra money. He put it succinctly, saying, “The kids do not need $500 million to live well.”

Jagger stated that if he did decide to sell, he would likely donate his share of the proceeds to charitable organizations in order to make a positive difference in the world.

Mick claimed that the Rolling Stones have no plans to sell their extensive discography, despite the fact that artists like Justin Bieber and Katy Perry recently did the same thing for an estimated $200 million each.

A Rock Legend and a Family Man: The World of Mick Jagger

Mick Jagger, the recognizable face of The Rolling Stones, has led an extraordinary life that has been filled with music, fame, and adventure.

The rock star is a loving father to some extraordinary kids, but he is also an accomplished musician. We mean eight when we say “some.”

The number of kids is eight. Mick’s children have taken diverse paths and cemented their places in a variety of industries, from modeling to entrepreneurship, journalism to acting. 

Karis Jagger, 52, was born in 1970 along with Marsha Hunt, making her Jagger’s oldest child. He had a daughter, Jade, now 51, from his 1971 marriage to ex-wife Bianca Jagger.

With his ex-wife Jerry Hall, to whom he was married from 1990 to 1997, Jagger also has four children: James, 38, and Gabriel, 25, as well as daughters Elizabeth and Georgia May, 31, and sons James and Gabriel, 39.

Son Lucas, 24, was born to him and model Luciana Morad Gimenez in 1999, and son Deveraux, 6, was born to him and girlfriend Melanie Hamrick in 2016.

Jagger’s Take on Industry Changes and Recent Developments

Jagger also talked about how the music industry in Hollywood has changed over the years and how rock and roll was still in its infancy when he first began performing in the early 1960s.

In his words, “The industry was so young, it did not have the support and the number of people that are available to be able to advise you as they do now.”

But you know, it still happens, the “She is the Boss” singer continued. I mean, just look what happened to Taylor Swift! Although I did not really understand everything, she was obviously unhappy.”

Jagger was referring to the 33-year-old singer of “Blank Space,” who got into a sticky situation with music manager Scooter Braun in 2019 after he purchased the master tapes for her first six albums.

In light of Braun’s prohibition against her performing songs from her back catalog, she then made the decision to re-record her music for her fans.

The Rolling Stones have also returned to the music industry, announcing earlier this month the release of “Hackney Diamonds,” their first album of original songs since 2005. 

Owning Their Musical Destiny: The Rolling Stones’ Game-Changing Move

Jagger’s early years were similar to those of many rock stars in the 1960s; he came from a working-class family and turned to music for solace. Despite the fact that both his father and brother were teachers, singing was in his blood; he would even sing nonstop in church.

When he first met Keith Richards, the two of them hit it off right away and decided to start a band with influences from 50s American blues. Even the name “The Rolling Stones” is derived from a song by the legendary blues singer Muddy Waters.

After the success of the 1960s, Jagger and his bandmates were very productive and realized that the real money came from royalties; as a result, they changed their strategy and included owning their own music when they released their subsequent albums, which were wildly successful.

For example, the “Sticky Fingers” album, which contains the well-known song “Wild Horses,” quickly sold 3 million copies and was one of the band’s most successful releases.

According to some websites, Mick Jagger has a net worth of $520 million, while Keith Richards has a net worth of $500 million.

Following Mick Jagger, Keith Richards is the second-richest rock star in the band, and they are neck-and-neck in terms of wealth.

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