Who would tell Duff McKagan, exbajista of Guns N 'Roses, to discover his place of employment while recovering from a serious disease of the pancreas caused as a result of his problems with drugs and alcohol in 1994. It was then found by reviewing the financial reports of the band and panicked at not understanding its meaning.
"They had no sense to me. I did not know how we won or lost on the tour," says McKagan in an interview with Fortune. "As a billionaire who was then 30 years, how to admit someone who does not know what he was doing?". Has taken advantage of financial literacy, giving talks and to work in 'Playboy' 17 years later, McKagan has created, along with British investor Andy Bottomley, his own company to manage the fortunes of other musicians: Rock Meridian.
The goal is to educate the rockers on how to manage their finances instead of them the ball or lying on them (in the music world, entrepreneurs are seen as the enemy.) McKagan, at age 47, told Fortune that his "epiphany" occurred in 1994, during his recovery. Decided to enroll in a basic course in finance at the University of Santa Monica (California), and from there emerged an interest in academia.
Four years later, he moved to Seattle to attend more classes at the local university community. "It took me twice to do the duties that someone 18 or 19 years, but I went forward," he said. By the time he was accepted into the School of Business at the University of Alber Seattle, exbajista of Guns N 'Roses were already managing their own accounts and investments.
After leaving the Guns N 'Roses in the late 90's, McKagan created, following a benefit concert in 2002 with another of his former teammate in the band, Slash and Matt Sorum, a new rock band called Velvet Revolver, which first album was released in 2004. It was at this time that McKagan started spreading the word on financial literacy.
He soon began receiving calls from some of his musician friends with questions about how to invest your money. McKagan has taken advantage of financial literacy and, coming to give talks about the music business and even had his own column on economics in Playboy, called Duffonomics. " 
"They had no sense to me. I did not know how we won or lost on the tour," says McKagan in an interview with Fortune. "As a billionaire who was then 30 years, how to admit someone who does not know what he was doing?". Has taken advantage of financial literacy, giving talks and to work in 'Playboy' 17 years later, McKagan has created, along with British investor Andy Bottomley, his own company to manage the fortunes of other musicians: Rock Meridian.
The goal is to educate the rockers on how to manage their finances instead of them the ball or lying on them (in the music world, entrepreneurs are seen as the enemy.) McKagan, at age 47, told Fortune that his "epiphany" occurred in 1994, during his recovery. Decided to enroll in a basic course in finance at the University of Santa Monica (California), and from there emerged an interest in academia.
Four years later, he moved to Seattle to attend more classes at the local university community. "It took me twice to do the duties that someone 18 or 19 years, but I went forward," he said. By the time he was accepted into the School of Business at the University of Alber Seattle, exbajista of Guns N 'Roses were already managing their own accounts and investments.
After leaving the Guns N 'Roses in the late 90's, McKagan created, following a benefit concert in 2002 with another of his former teammate in the band, Slash and Matt Sorum, a new rock band called Velvet Revolver, which first album was released in 2004. It was at this time that McKagan started spreading the word on financial literacy.
He soon began receiving calls from some of his musician friends with questions about how to invest your money. McKagan has taken advantage of financial literacy and, coming to give talks about the music business and even had his own column on economics in Playboy, called Duffonomics. "
- Report: DUFF McKAGAN Says Welcome To The (Investment) Jungle (04/03/2011)
- Welcome To The Jungle: Guns N' Roses Bass Guitarist Duff McKagan Is Starting His Own Investment Firm (05/03/2011)
- DUFF McKAGAN'S LOADED Confirmed For Sweden Rock (01/03/2011)
- Duff McKagan and Wife Strip Down for Anti-Fur PETA Ad (13/12/2010)
- Duff McKagan Regrets G&R Reunion (24/02/2011)
Duff Mckagan (myspaceeverything) Duff McKagan (lastfm) Duff McKagan (musicbrainz) Duff McKagan (wikipedia) DunlopTV - McBob, bass tech for Duff McKagan (youtube) Guns N' Roses (homepage) Guns N' Roses (lastfm) Guns N' Roses (musicbrainz) Guns N' Roses (wikipedia) Guns n Roses O2 Dublin Sept 1st 2010 - Welcome to The Jungle - Axl Gets Bottled Off Stage (youtube)
No comments:
Post a Comment