Bill Wyman Reflects on Financial Struggles in The Rolling Stones
Bill Wyman Reflects on Financial Struggles in The Rolling Stones

Bill Wyman Reflects on Financial Struggles in The Rolling Stones

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Bill Wyman, the former bassist of The Rolling Stones, reflected on his time with the band in a recent interview, expressing regret for not leaving sooner than his 1993 departure. He revealed that he, along with bandmates Ronnie Wood and Charlie Watts, faced significant financial struggles while Mick Jagger and Keith Richards remained wealthy. Wyman recounted a particularly difficult period during the late 1980s, where he ended up with a £200,000 overdraft after years of low earnings. Additionally, he discussed the band's decision to leave the UK in 1971 due to a 93% tax rate, explaining that they were misperceived as wealthy despite their financial troubles. Wyman's remarks challenge the glamorous image often associated with the band, highlighting a stark reality of financial hardship amidst their fame. He underscored that their former manager, Allen Klein, controlled the finances, exacerbating their struggles to make ends meet.

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