Glastonbury Festival organiser Michael Eavis has a £1.3m overdraft and gives almost all his profits to charity. Yet the 72-year-old Methodist dairy farmer is no naive hippy. He hosts a £25m event attracting 177,000 revellers who pay £145 for three days in a muddy field with portable loos. It is a far cry from the first event, in 1970, when he charged the 1,500 crowd £1 each and provided free milk and music by Marc Bolan. Continue reading…
Source : theguardian.com
Read more…Why I put my money in … a private pension: Michael Eavis
