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Rolling Stones Manager Loewenstein Dead at 80

05/23/2014
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(Classic Rock) The man credited with making The Rolling Stones the richest rock band on earth has died at the age of 80. Prince Rupert Loewenstein was the band's financial manager for almost 40 years and became a close friend of Mick Jagger, even being named godfather to his son James.

The Bavarian banker's advice led to the band becoming tax exiles when they moved to the South of France in the 70s. Despite his close work with the band, he was never a fan of their music. He wrote in his 2013 autobiography: "To many outsiders, it must seem extraordinary that I was never a fan of the Stones' music, or indeed of rock and roll in general.

"Yet I feel that precisely because I was not a fan� I was able to view the band and what they produced calmly, dispassionately, maybe even clinically - though never without affection." more on this story

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Copyright Classic Rock Magazine- Excerpted here with permission.

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