answersLogoWhite

0


Best Answer

Not as rich as most people think; other people made far more money from their concerts, their record sales, and especially their merchandising, than the band themselves ever did.

Much of this is because their manager Brian Epstein did his best to be honest in all their business dealings, and fair to The Beatles' fans with prices, but was quickly sussed out as naive by more-experienced (and sometimes downright greedy) promoters and other businessmen, and they took full advantage.

British income taxes also took their toll on the Beatles' earnings; through most of their career, 95% of their income was considered taxable. Their Accountants did the best they could to find legal loopholes and tax shelters for the Beatles (including their homes being owned by their company, and not the band members themselves), but it didn't always help. John Lennon once explained that in order to spend £10,000, he first had to earn £30,000.

Apple Corps also sapped the Beatles' incomes considerably; their hopes for a multimedia conglomerate were ruined by staffers and hangers-on who spent freely, and high-profile business executives who weren't worth their inflated salaries.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

13y ago

John Lennon's aunt, who he lived with, was a lower middle-class.

When John was growing up in his late teen years, he barely had any money, not even enough to buy a cup of coffee. It wasn't really until the Beatles made their first trip to Hamburg, Germany that he had enough money to himself to buy much with.

So, basically the answer is: poor.

This answer is:
User Avatar

User Avatar

Wiki User

14y ago

No, in fact he was quite poor, he managed to pay for the expenses of daily life by the money he got by singing.

This answer is:
User Avatar

User Avatar

Wiki User

11y ago

John Lennon was not wealthy when he grew up, but when he joined the beetles he became quite wealthy.

This answer is:
User Avatar

User Avatar

Wiki User

10y ago

Paul Mcartney is rich

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Is Paul McCartney rich
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How rich is paul McCartney?

Millionaire


Which popular singers are rich?

Paul McCartney


What is Paul McCartney's height?

Paul McCartney's 5'11.


What is Paul McCartney's height?

Paul McCartney's 5'11.


Is Paul McCartney dead?

No, Paul McCartney is still alive.


Who is more famous Paul McCartney or Garfield?

paul mcCartney


Paul McCartney fan club?

A group about Paul McCartney


Is Paul McCartney ill?

No, Paul McCartney is quite healthy.


When did Paul McCartney get married?

Paul McCartney married to Linda Eastman in 1969 Paul McCartney married to Heather Mills in 2002 Paul McCartney married to Nancy Shevell in 2011


Who wrote the song maybe im amazed?

paul mccarthy "Maybe I'm Amazed" was written by Paul McCartney.


Which member of the beatles led the finale at the party at the palace during Queen's Jubilee pop concert in 2002?

Sir Paul McCartney


Who is more famous Paul McCartney or Bob Marley?

Paul McCartney