Says his children don't need the money

Mick Jagger’s children might not get what they want after the Rolling Stones’ frontman hinted he may leave his share of the band’s back catalogue to charity.

The 80 year-old, who is thought to be worth $500m, said in an interview his children didn’t need that kind of wealth and it would be better spent on good causes.

Jagger has eight children with the oldest 52 and the youngest six.

He said: “The children don’t need $500m to live well. Come on.”

Jagger, 80, told the Wall Street Journal that he wouldn’t be following other artists, such as Bob Dyland and Bruce Springstein, in selling his work and that back catalogue may go to charity one day. “You maybe do some good in the world,” he said.

Jagger added: “You can have a posthumous business now, can’t you? You can have a posthumous tour,” he said. “The technology has really moved on since the Abba thing [the “Voyage” virtual show].”

Earlier this month, the band announced their first new album of original material since 2005, titled Hackney Diamonds.

The band teased their appearance at the Hackney Empire theatre with an advert in local newspaper the Hackney Gazette. Jagger, Keith Richards and Ronnie Wood announced the album in a press conference at the theatre in east London, in conversation with US talkshow host – and frequent Jagger impersonator – Jimmy Fallon.