Rufus Wainwright Admits To Financial Mess.

21-12-2007 06:47

Rufus Wainwright Admits To Financial Mess....

American singer Rufus Wainwright is losing money from his latest world tour - because of the crippling cost of taking a 40-piece orchestra around with him.The 34-year-old has suffered severe financial losses from his flamboyant Release The Stars tour, which kicked off in the U.S. - complete with a full band - in April (07).However the son of notoriously unbusiness-minded folk legends Kate McGarrigle and Loudon Wainwright Iii does not seem too concerned.

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He says, "I'm taking a tremendous loss. Which is fine. Which is very old school."It's my Ziggy Stardust tour! Thank God I have the ability to do solo shows afterwards and make up the difference".Wainwright is already planning his next costly musical venture - to write and stage an opera, Prima Donna, which he aims to complete in the next couple of years.
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