The Pandemic Hit Elton John’s Finances?
And when the tabloids aren’t making ridiculous stories about Sir Elton John’s health, they’re picking at his financial status. Recently, the Australian tabloid, New Idea Magazine, claimed John was in financial hell due to the losses he took amid the coronavirus epidemic. Because of the pandemic and current lock-down, the singer’s tour was postponed. However, the publication claimed the singer’s tour was canceled and wasn’t “covered by insurance” which took “a huge chunk out of his retirement plans.” Gossip Cop corrected the inaccurate narrative by reminding readers, John’s tour was postponed. Plus, the singer had recently pledged to donate $1 million to his AIDS foundation. If John was financially struggling, how could he even afford to make a large donation? Seriously, the tabloids need to fact-check before creating these bogus stories.