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Latest Articles - Luxury

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Sir Elton John - the Classic Freak of Eternity

Sunday, 23 January 2011

Elton JohnSir Elton Hercules John is the legendary person in show biz and there are rare people who never listen to his song. He is a genius music composer. And this is acknowledged even by those who are too skeptic in regards to the newly born aristocrat with the known personal preferences. And the trivial belief that an artist is a person who lives in poverty and requires support by sponsors is left behind. A belief that a poor artist wearing old clothes and ever hungry is more talented and capable than an artist who is provided all comfort and goods is old now. Though, Elton John is the reputed artist and public person who prove that beautiful and luxury life is not something to be ashamed of but that they deserve it.

Reginald Kenneth Dwight, who turned to be Sir Elton John in 1998, was born on March 25, 1947, in Pinner, Middlesex, England. Reginald showed his music capability in the early age and he should have inherited this from parents. His mother used to play piano to enjoy and his father was a trumpeter in the BBC orchestra in England. At the age of four, a boy was able to play any accord by audio perception on ly. And this is obvious that at the age of twelve he was awarded the special grant by the Royal Conservatory which was a perfect opportunity to have the musical education. From the age of thirteen, Reginald was the member of musical group to make tours throughout Britain and USA. Reginald had the education and gained the experience in music and he started working with his songwriting partner Bernie Taupin since 1967. Together they released more than 30 albums. The collaboration with Taupin is the start of the true solo career of Reginald Kenneth Dwight who acquired the nick known to the whole world - Elton John.

The musical career of Elton John is too beneficial from commercial point of view and throughout forty years his albums were sold al over the world in over 450 million copies. Rare people know that Reginald started his carrer in other conditions when in the late 60s newly born Elton John and Bernie Taupin started working on the record and their contract was made for the funny money and they received 10 pounds sterling for two of them as an advance payment.

Though, everything is changing in the world of show-biz including the financial aspect and when such a talented person like Elton John appears in this world, the digits of his income changed drastically. When concluding one of his first contracts with the American music recording labels in 1974, the signer was provided conditions unprecedented for that time. Throughout the five-year term of agreement, Elton john received 8 million pounds as advance payment just for his involvement in the company, and he was allowed 28% of the profit from every album recorded during that period. And this is not surprising that sooner Elton John afforded grandiose purchases. In 1975 he acquired the enormous real estate Woodside in the English county of Berkshire with the area of about 15 hectares where the house, a stable, a tennis court, vineyard and other attributes of elite person life were placed. In 1976 a singer acquired a house in Los-Angeles costing one million US dollars where the legendary actress Greta Garbo was living in the past. That was the time when he acquired the personal jet. And taking into account that his profit for that time totaled three million pounds sterling on the average, Elton John could afford the jet at an ease. Though he had to spend more time beyond Great Britain since taxation n there was too high.

The striving for luxury life appeared to be the visit card for Elton John as well as his glasses which are thousands in his collection. The signer was never anxious on how and what to purchase, whether it is real estate, expensive art works, rare items which are attractive to collectors only. Having such incredible profit even for show-biz persons as of 600 million dollars (the income of Elton john within the period of 1990 to 2006), the crazy signer knew what to do with his money.  There are rare celebrities who can afford spending 60 to 100 thousand dollars for flowers only to enjoy. And this is not the only article of expenditure that may seem absurd to ordinary people but too common for wealthy celebrities like Reginald Kenneth Dwight aka Elton John.

Elton John is accustomed to get rid of his personal belonging through auctions that he regularly holds to replenish his budget. Since 1980 he holds sales bids to sell what he purchases all the time and everywhere. In 1988 the singer earned approximately 4 million pounds sterling at an auction of his belongings and another 1.5 million pounds in 2003.

He also sold the furniture of his Holland Park home in a bid to have more room for his collection of contemporary art. He provided more than 400 items for the Sotheby's catalogue expecting  800,000 pounds sterling.

John founded the Elton John AIDS Foundation in 1992 as a charity action to fundraise for HIV/AIDS prevention, with the purpose to eliminate prejudice and discrimination against HIV/AIDS-affected individuals. This is still his favorite activity till now to get involved.

So, apart from his professional activity in musical sphere, Elton Hercules John earns on sales of what is stocked in his wardrobes which are of enormous sizes and in incredible number in his house.

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