SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (75628)4/21/2001 7:14:58 AM
From: puborectalis  Respond to of 99985
 
Ex-Beatle McCartney worth $1
billion
By Erika Gimenes, Hollywood.com Staff

HOLLYWOOD, April 20, 2001 -- Renewed Beatlemania
has made Paul McCartney a billionaire.

The ex-Beatle is now worth £713 million ($1.02 billion),
making him Britain's richest musician. He also landed
in 36th spot on the Sunday Times's new list of Britain's
wealthiest.

McCartney's fortune grew from £550 million ($786
million) in 2000, the BBC News reported.

"It shows the Beatles' popularity grows as they get
more wrinkly," wealth expert Dr. Philip Beresford,
who compiled the list, told Friday's Sun tabloid.

McCartney also inherited £138 million ($197 million)
following the death of his wife, Linda, of breast cancer
in 1998.

Composer Andrew Lloyd Webber, 58, is second on the
list, with almost £430 million ($614 million) in his
pocket.

Pop star Madonna and husband Guy Ritchie came in
at sixth place with a fortune of £180 million ($257.77
million), putting them ahead of the Rolling Stones'
Mick Jagger, 57, and Elton John, 54, who share
seventh place in the chart with £150 million ($214.81
million) each in the bank.

John, who slipped from fifth position, has just lost a
multi-million pound court battle with his former
accountant and ex-manager.

Thirty years have passed since Beatlemania began,
but the frenzy never seems to fade. According to
Forbes Magazine, the Beatles are in third place on the
top 100 celebrity earnings of 2000, making $70 million.

The Beatles continue to rake in more cash than
today's famous boybands, 'N Sync and the Backstreet
Boys. 'N Sync ranks at 14 with $42 million; the
Backstreet Boys fall 6 ranks behind with $35 million in
earnings.

McCartney's fortune grew after the Beatles'
Anthology book became an international bestseller in
October and the band's greatest hits album topped hit
parades last November, having sold 12 million copies
through January.

Not only is McCartney collecting his pennies, but he
also is pushing for a landmine ban.

The former Beatle and his girlfriend Heather Mills
met Friday with U.S. Secretary of State Colin Powell in
an effort to persuade the United States to sign an
international treaty banning the use of landmines.

McCartney and Mills join a growing list of celebrities
who have supported the campaign to ban landmines,
including the late Diana, Princess of Wales.
Acccording to BBC News, Mills heads a charity that
provides limbs for war victims around the world. She
lost her left leg below the knee after a road accident.

"I expressed the point of view that even brave soldiers
who defend the country … dislike the idea of leaving
the war behind them and causing grief for civilians,"
McCartney said after the meeting.

Mills said she understands that "the reality of a full
ban which we all want is many, many years off so I am
looking for an interim solution."

Powell declined to back the treaty, but did say that
there were "many areas in which we can co-operate,"
the BBC reported. The United States is already
working on clearing landmines around the world and
had contributed £350 million over the last seven years,
he said.

In other Beatles news, George Harrison denied
reports that he will sell his Henley mansion after being
threatened by a knife-wielding intruder in late 1999.

In a statement released Thursday, Harrison's lawyers
said that a story in an English Sunday paper about a
sale was "without foundation and entirely untrue,"
BBC News reports.

"Mr. Harrison has no plans," his lawyers said.

During the attack, Harrison suffered from a punctured
ling, but was freed after his wife, Olivia, struck
attacker Michael Abram over the head with a poker
and table lamp.

According to The Mail on Sunday earlier this month,
the legendary guitarist had told friends he felt
uncomfortable living in his 120-room house, not
necessarily meaning he would plan to move soon.