04-12-2004, 12:26 PM
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#1
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Guest
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I've always wondered, how rich is Gord? Is he a multi-thousandaire, or 2-dollar millionaire, or what?
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04-12-2004, 12:26 PM
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#2
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Guest
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I've always wondered, how rich is Gord? Is he a multi-thousandaire, or 2-dollar millionaire, or what?
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04-12-2004, 01:54 PM
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#3
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Senior Member
Join Date: Oct 2002
Location: Upstate New York
Posts: 3,101
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I'm sure only he and his CPA know for sure as his income fluctuates daily, what with royalties etc. It's safe to say he's comfortably well off; also a good bet the dollar (Cdn) amount matters less to him than the work itself. I've no idea where he ranks in those annual wealthiest lists, but guaranteed wa-a-y below fellow Canadian Celine Dion, according to a 2001 year-end article in Canadian Business:
"Canadian Business magazine recently released its list of the wealthiest Canadians, and not so surprisingly, a few musicians made the list. The December 31/01 issue named Celine Dion as the top-earning musician, with an estimated wealth of $295 million, putting her ahead of the Molson family and even Jim Carrey (just to put things in perspective). The only other Canadian musicians to make the issue were, surprise, surprise, Shania Twain (tying Canuck-turned super spy Mike Myers) estimated at $80 million. Lilith Fair founder Sarah McLachlan ranked in with $40 million.
Guess starting out in Canadian clubs can work out after all..."
[This message has been edited by Auburn Annie (edited April 12, 2004).]
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04-12-2004, 01:54 PM
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#4
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Senior Member
Join Date: Oct 2002
Location: Upstate New York
Posts: 3,101
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I'm sure only he and his CPA know for sure as his income fluctuates daily, what with royalties etc. It's safe to say he's comfortably well off; also a good bet the dollar (Cdn) amount matters less to him than the work itself. I've no idea where he ranks in those annual wealthiest lists, but guaranteed wa-a-y below fellow Canadian Celine Dion, according to a 2001 year-end article in Canadian Business:
"Canadian Business magazine recently released its list of the wealthiest Canadians, and not so surprisingly, a few musicians made the list. The December 31/01 issue named Celine Dion as the top-earning musician, with an estimated wealth of $295 million, putting her ahead of the Molson family and even Jim Carrey (just to put things in perspective). The only other Canadian musicians to make the issue were, surprise, surprise, Shania Twain (tying Canuck-turned super spy Mike Myers) estimated at $80 million. Lilith Fair founder Sarah McLachlan ranked in with $40 million.
Guess starting out in Canadian clubs can work out after all..."
[This message has been edited by Auburn Annie (edited April 12, 2004).]
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04-12-2004, 05:18 PM
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#5
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Senior Member
Join Date: Feb 2001
Location: Salisbury, MD, USA
Posts: 2,556
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Gord has stated before (in interviews and
in song) that he pays a considerable sum in alimony and "palimony". I'm sure that has put a dent in his life savings over the years. However, having been a major star in his home country for many, many years, no doubt he has someone who watches his money and makes investment decisions for him. I have a feeling that, except for a few splurges, big house, probably a nice car or cars, he does not spend a lot of money on "toys". I doubt he owns a plasma tv. If he has a DVD player, it's probably a recent addition. From a reporter's observations when he was putting together "Harmony", he has few furnishings in his house. Of course, he lives pretty much alone these days. So I guess he saves a lot of his money and getting back on the road would be good for him not only professionally but financially too. This is the first album release where he hasn't had the opportunity to do concerts to support it, so he's probably not happy about that.
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04-12-2004, 05:18 PM
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#6
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Senior Member
Join Date: Jan 2001
Location: Hickory Hills, IL
Posts: 454
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Gord has stated before (in interviews and
in song) that he pays a considerable sum in alimony and "palimony". I'm sure that has put a dent in his life savings over the years. However, having been a major star in his home country for many, many years, no doubt he has someone who watches his money and makes investment decisions for him. I have a feeling that, except for a few splurges, big house, probably a nice car or cars, he does not spend a lot of money on "toys". I doubt he owns a plasma tv. If he has a DVD player, it's probably a recent addition. From a reporter's observations when he was putting together "Harmony", he has few furnishings in his house. Of course, he lives pretty much alone these days. So I guess he saves a lot of his money and getting back on the road would be good for him not only professionally but financially too. This is the first album release where he hasn't had the opportunity to do concerts to support it, so he's probably not happy about that.
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04-13-2004, 03:07 AM
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#7
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Senior Member
Join Date: Feb 2003
Location: Phoenix,Arizona -America
Posts: 4,427
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I'm sure Gordon's made a pretty penny over time but i wouldn't put him in the stratosphere of say,Madonna,MJ,Mariah Carey or Paul McCartney (& the Beatles.)
Besides,any artist who leaves after the show in a plain butnice tan car,obviously believes that money is good for what it should be used for and that it's not worth being a big spendaholic just to show off some material posessions.
He's not pretentious that way & that's one of the reasons we like him!  Been me,later!
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Borderstone,gonna post some lines tonight!:D
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04-13-2004, 06:14 PM
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#8
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Senior Member
Join Date: May 2001
Location: Maine, USA
Posts: 1,967
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quote:Originally posted by Borderstone:
I'm sure Gordon's made a pretty penny over time but i wouldn't put him in the stratosphere of say,Madonna,MJ,Mariah Carey or Paul McCartney (& the Beatles.)
Besides,any artist who leaves after the show in a plain butnice tan car,obviously believes that money is good for what it should be used for and that it's not worth being a big spendaholic just to show off some material posessions.
He's not pretentious that way & that's one of the reasons we like him! Been me,later! 
He usually leaves in a rental car.
I've seen him drive an older model Blazer. I hear he has an early 90s Caddy, too. Other than that, who knows?
Cathy http://www.cathycowette.com
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04-13-2004, 06:24 PM
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#9
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Member
Join Date: Apr 2003
Location: Massachusetts
Posts: 51
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According to a Maclean's article in 1978, Gord was the wealthiest resident Canadian entertainer during the 1970s. His house in Rosedale sold for over $4 million a few years ago so that give you an idea. Let's say he made a dollar per record sold up to 1980...17 million records (including singles) = $17 million in 1970s dollars. SO that's close to $30 million in today's dollars?
Kenyon
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04-13-2004, 06:24 PM
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#10
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Member
Join Date: Apr 2003
Posts: 89
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According to a Maclean's article in 1978, Gord was the wealthiest resident Canadian entertainer during the 1970s. His house in Rosedale sold for over $4 million a few years ago so that give you an idea. Let's say he made a dollar per record sold up to 1980...17 million records (including singles) = $17 million in 1970s dollars. SO that's close to $30 million in today's dollars?
Kenyon
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04-13-2004, 09:18 PM
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#11
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Guest
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First time I ever met him I was kinda shocked he climbed into this beat up 1980's Oldsmobile lol and drove off!!
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04-13-2004, 09:18 PM
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#12
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Guest
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First time I ever met him I was kinda shocked he climbed into this beat up 1980's Oldsmobile lol and drove off!!
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04-13-2004, 09:46 PM
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#13
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Guest
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NOOOOO! Get outta town. WoooHoooo! A Monte Carlo? Please make my dreams come true and tell me it's the Supercharged V6 SS.
Ehhh, well, I've always had a slight affinity for American muscle.
quote:Originally posted by TheWatchman:
[B]From what I have read, Gord owns a Monte Carlo. Not exactly the BMW one would expect. B]
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04-13-2004, 09:46 PM
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#14
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Guest
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NOOOOO! Get outta town. WoooHoooo! A Monte Carlo? Please make my dreams come true and tell me it's the Supercharged V6 SS.
Ehhh, well, I've always had a slight affinity for American muscle.
quote:Originally posted by TheWatchman:
[B]From what I have read, Gord owns a Monte Carlo. Not exactly the BMW one would expect. B]
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04-13-2004, 09:58 PM
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#15
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Senior Member
Join Date: Nov 2002
Location: Manchester, England
Posts: 586
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I had read somewhere or heard somewhere that he was getting royalties (?) for IYCRMM at nearly a half a mil a year. Is royalties right? It's whatever you get when your song is played or someone else sings it. As far as Alimony and Palimony I thought he paid a lump sum to Britta and that he was paying generously for Eric, but now that he is 18 that would be done right? Maybe it is different in Canada.
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04-13-2004, 09:58 PM
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#16
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Senior Member
Join Date: Oct 2002
Location: USA
Posts: 1,382
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I had read somewhere or heard somewhere that he was getting royalties (?) for IYCRMM at nearly a half a mil a year. Is royalties right? It's whatever you get when your song is played or someone else sings it. As far as Alimony and Palimony I thought he paid a lump sum to Britta and that he was paying generously for Eric, but now that he is 18 that would be done right? Maybe it is different in Canada.
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04-14-2004, 02:26 AM
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#17
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Senior Member
Join Date: Feb 2003
Location: Phoenix,Arizona -America
Posts: 4,427
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He may also get royalties from the song,'The Greatest Love Of All". Which is "obviously" similar. I wont go into that story again though. It's late!
Night!  <---Looks like seeping.
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Borderstone,gonna post some lines tonight!:D
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04-14-2004, 01:27 PM
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#18
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Member
Join Date: Mar 2004
Posts: 62
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I've passed by Gl's area while on trips
to Toronto and to me anyway, it doesn't
look like he's hurting. One would think
the money he must earn off of IYCRMM
and "Early Morning Rain" would keep
anyone's boat a float.
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04-14-2004, 01:27 PM
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#19
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Senior Member
Join Date: Mar 2004
Location: Ottawa Ontario Canada
Posts: 120
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I've passed by Gl's area while on trips
to Toronto and to me anyway, it doesn't
look like he's hurting. One would think
the money he must earn off of IYCRMM
and "Early Morning Rain" would keep
anyone's boat a float.
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04-14-2004, 02:40 PM
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#20
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Senior Member
Join Date: Oct 2000
Location: UK
Posts: 1,519
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quote:Originally posted by Doug Letcher:
I've passed by Gl's area while on trips
to Toronto and to me anyway, it doesn't
look like he's hurting. One would think
the money he must earn off of IYCRMM
and "Early Morning Rain" would keep
anyone's boat a float.
Doug,
I thought he had sold his boat ...
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