[Blind Gossip] You probably think that because he is a famous musician, he is very, very rich.
No. He presents himself as a genius, but he has always been rather foolish about money.
While he has plenty of “stuff”, he is relatively cash poor. His ego gets in the way of him making a rational decisions on new ventures or cutting his losses on bad investments. He thinks that everything he touches should turn to gold and is genuinely shocked when it doesn’t.
Much of her popularity is invested in being married to him. However, she is pretty careful about not mingling their finances.
When he ran into financial trouble, she didn’t give him money and she wouldn’t loan him money. That’s why he was forced to borrow against his own property when he ran into a cash crunch.