Saturday, July 07, 2007

Ron Wood borrowed 250,000 pounds from Mick & Keith in 2004.


Sometimes it doesn't matter how famous or rich you get. You have to get by with a little help from your friends. Ron Wood of the Rolling Stones blew his fortune on failed investments. He had to turn to his band mates to get him out of a financial hole.
Sun:"Ron" lost around £8million in the exclusive Harrington Club in South Kensington, West London.
He founded the venue in 2000 but it proved a financial disaster and went bust in just three years.
Ronnie had to remortgage houses and blew his entire investment.
He agreed the loan with Mick and Keef in 2004. A source said: “The 2005 Bigger Bang Tour came just in time for him.
“He’d had to borrow a serious chunk of cash from Mick and Keith to see him through.” Ronnie is now back on his feet — selling his own artwork, building a horse racing stable and pocketing more tour cash.
But he once confessed of his Harrington disaster: “I’d never have recovered if I hadn’t got out.”

1 comment:

Menno said...

yeah right

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