The reason why Mick Jagger’s children won’t get a cent of his multimillion dollar fortune

They’re also one of the longest-running music groups ever – managing to stay together for a whopping 61 years!

The Rolling Stones pictured in 2005. (L-R) Charlie Watts, Mick Jagger, Ron Wood, and Keith Richards. Credit / Scott Gries / Getty.

So, naturally, it’s no surprise that the band’s members have been able to rake in the cash… Jagger included.

Though, that doesn’t mean his children will automatically become rich, as he told the Wall Street Journal in a recent interview.

The father-of-eight told the outlet that he currently has no plans to sell the band’s post-1971 catalog – something that has become a trend among popular musicians lately. This process simply means that a musician sells ownership of the copyright in songs or recordings, or both, depending on the deal.

Entertainers like Katy Perry and even Bob Dylan have made the move to sell the rights to their music, resulting in multimillion dollar deals. Bob Dylan managed to rake in $300 million through selling his entire music catalog to Universal Music, and Dolly Parton has reportedly announced that she wishes to do to the same.

During his Wall Street Journal interview, Jagger said that even if The Rolling Stones do sell their music catalog, he won’t be passing the money to his offspring. “The children don’t need $500m to live well. Come on,” he said.

Elizabeth Jagger, Mick Jagger, Jade Jagger, and Jade’s mother Bianca Jagger pictured in 2001. Credit / Dave Benett / Getty.

Though, if a deal is made, Jagger would prefer that the money goes to charity. “You maybe do some good in the world,” he said.

In total, the ‘You Can’t Always Get What You Want‘ singer has eight children with five women, ranging from ages six to 52. The eldest, 52-year-old Karis, was born in 1970 to Jagger and his then-partner Marsha Hunt.

Another daughter, 51-year-old Jade, was born during Jagger’s relationship with Bianca Jagger, to whom he was married from 1971-1978.

Actress Jerry Hall – who was Jagger’s partner between 1977 and 1999 – had four children with the musician, daughters Elizabeth, 39, and Georgia May, 31, as well as sons James, 38, and Gabriel, 25.

Mick Jagger with his model daughter, Georgia May Jagger, pictured in 2016. Credit / Dave J Hogan / Dave J Hogan / Getty.

Jagger’s seventh child, 24-year-old Lucas, was born while in a relationship with model Luciana Gimenez Morad. Then, In 2016, Jagger’s current girlfriend, choreographer and former ballerina Melanie Hamrick, had his youngest child, six-year-old Deveraux.