Here’s How Much Steely Dan’s Donald Fagen Is Really Worth
Donald Fagen is the co-founder, lead singer, and keyboardist of Steely Dan, a band noted by the Rock and Roll Hall of Fame for their “deviously slick music” that made them “the perfect musical antiheros for the Seventies.” Steely Dan has sold over 40 million albums and Fagen continues touring, despite the fact that the other half of Steely Dan, co-founder and guitarist Walter Becker, died in 2017. In his first interview after his musical partner’s death, Fagen told Rolling Stone that he would rather call the current incarnation of the band “Donald Fagen and the Steely Dan Band” but promoters won’t let him.
According to CelebrityWorth.com, Fagen is worth $50 million. Despite this considerable fortune, he’s been outspoken regarding the fact that music sales aren’t what they used to be, which means he has to keep touring if he wants to keep making money As he told the Wall Street Journal, “When the bottom fell out of the record business a bunch of years ago, it deprived me of the luxury of earning a living from records. I don’t sell enough albums to cover the cost of recording them the way I like to. For me, touring is the only way to make a living.”
Donald Fagen sues his former partner's estate
Months after Walker Becker’s death, Donald Fagen surprised the public by suing Becker’s estate, claiming the estate was “reneging on a Buy/Sell Agreement that he and Becker agreed to in 1972” that stated one member of the duo would purchase all Steely Dan shares if the other quit the band or died. Rolling Stone quoted Fagen’s attorney as noting that as far as his client was concerned “Mr. Becker’s estate is entitled to receive all normal royalties on the songs they wrote together. But this case is about the future of the band, and we will vigorously defend the contract.” Becker’s estate responded that they were “disappointed” by Fagen’s legal action and claimed that this agreement was no longer in effect by the time Becker died and later countersued Fagen, claiming Becker’s widow was due fifty percent of the shares. In 2018, Becker’s estate filed to dismiss Fagen’s original lawsuit; the legal battle appears to still be in process.
84 thoughts on “Here’s How Much Steely Dan’s Donald Fagen Is Really Worth”
Leave a Reply
You must be logged in to post a comment.
Here's What Would Happen If Britain Got Rid Of Their Monarchy
The Undertaker's Transformation Is Seriously Turning Heads
The Mythology Of Demeter Explained
Where Did Megalodon Sharks Live And What Did They Eat?
Here's How Big Megalodon Sharks Really Were
These Are Ozzy Osbourne's Three Biggest Regrets
The Real Reason The United States Acquired Florida From Spain
Why Members Of The Royal Family Are Buried In Coffins Lined With Lead
The Truth About The World's Weirdest Collections
This Is The Most Powerful Mafia In History
I think you have mentioned some very interesting points, appreciate it for the post.