European law makers make the Rolling Stones' financial records public

The details of the Rolling Stones' net worth were made public last week, due to European law. Britain's Telegraph reported that the group's company, Rolling Stones Inc., was forced to make their financial records public while creating the band's individual wills. The financial statements were released because the band has invested in numerous off-shore trusts and companies, including several Dutch companies, whose national laws specify that the documents be made public record.

The documents revealed that the group's Mick Jagger is worth over $390 million, and partner Keith Richards is worth slightly less, at $340 million.

In 1971, the Stones made headlines as the first act to move out of Britain to become tax exiles.

The German newspaper Die Welt reported that the band has been employing Dutch bankers Promogroup to manage their money for the past 30 years. Die Welt calculated that if they had kept their money in UK accounts over that time they would have paid over $183 million in taxes, as opposed to the fraction of that they paid under the Dutch tax rates.

The Rolling Stones perform in Oporto, Portugal on Saturday, August 12th. They'll kick off their upcoming U.S. dates on September 27th in East Rutherford, New Jersey at Giants Stadium.