Is Elton John living in “financial hell” due to losses amid the coronavirus pandemic? That’s what one tabloid is claiming this week. Gossip Cop looked into the story and can debunk it.
living in “financial hell” due to losses amid the coronavirus pandemic? That’s what one tabloid is claiming this week.has picked up a story from the British publication, thewhich claims the “Rocket Man”singer has recently lost $110 million Australian after having to cancel his farewell tour. According to unnamed “sources” speaking to the London outlet, John’s tour “isn’t covered by insurance” and the cancellation has “taken a huge chunk out of his retirement plans.
“No one expected this,” the British paper’s source says. “That tour was supposed to make 60 million pounds and that revenue has disappeared overnight.” To this reportadds that John, his husband David Furnish, and their two children have “fled” their LA home to return to London amid the coronavirus pandemic.. While some fans are undoubtedly trying to get refunds for their tickets, it’s not like those concerts won’t be happening, or that people won’t be paying to go see them.
The global coronavirus pandemic hasn’t exactly been a profitable time for anyone, but to suggest that John is on the brink of financial ruin is just incorrect. Last month to his AIDS foundation as part of an emergency fund to help people living with AIDS continue to get the medical care they need.
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