It’s a bit confusing, I will spelled it out clearly. Bill Wyman is a journalist who has the same name of Rolling Stones bassist. He wrote a long essay about Keith Richards recently released biography “Life” as it was written by Mick Jagger and sent to the wrong Bill Wyman by accident. Gimmicks aside, is a great read. I highlight some facts, as recalled by this Fake Mick Jagger
When I came back I resolved to do at least something well. Which brings us to money. We did not entirely mismanage our career in the 1960s, save for the calamity of signing with Allen Klein, who, with fatal strokes of our pens, obtained the rights and total control of our work throughout the 1960s. It was my responsibility. Keith downplays this, but the fact is we signed the thief’s papers. It was all done legally. Klein was a Moriarity, truly; he didn’t wait to sign us to steal. The signing was the theft, a product of a scheme so encompassing that in the end, he paid us a pittance and walked off with our songs. This is by far the single most important nonmusical event in our history, and yet it is rarely remarked on. I was not 30 and had lost us a historic treasure.
In the 1970s, we worked very hard, and with Some Girls we eventually sold a lot of records, but in reality you couldn’t make much money back then, even touring. In the early 1970s we might play for a period of, say, two months, 10,000- and 20,000-seat halls at $6 or $10 a ticket. Back then, we were lucky to take half the gross home. You do the math. Then take out expenses and manager and lawyer fees … and split the remainder five ways. Nor did we live frugally. It got better over the decade, and Keith and I had the songwriting, of course, but compare us with Paul or Elton during the 1970s (who outsold us by many times, for starters, and among other things did not split their income with anyone) and our fame was entirely inconsistent with our back accounts.
The next few years were difficult. I don’t want to say Keith wrote no songs. He did. But successively, in each album, the process became more difficult, as both his capacity for the job declined along with the quality of what he did write. He mocks the disco songs—”Hot Stuff,” “Miss You,” “Emotional Rescue.” But what would the commercial impact of those albums have been without those immediate hits? We were being outsold by everyone from Supertramp to the Doobie Brothers as it was. At the same time I had to come up with tracks and weasel promising material out of our cohort and not give up songwriting credit, which I accomplished in all but one or two cases.