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Elton John World News: Elton's eight weeks to money drought

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Thursday 29 January 1998 @ 1:00 - GMT

Sir  Elton John 's pop-music empire will dry up in eight weeks unless the star curbs his extravagant spending habits and replenishes his bank account immediately, a leaked letter from his accountant reveals, reported the Dallas Morning News.

 

The letter, published in Monday's London Mirror, said Mr. John, 50, regularly spends $85,000-plus on Versace outfits and Theo Fennell jewels, $17,000 a month on flowers from Bloomingdale's in New York - and went through $850,000 on a one-day spree. "For Elton," a source told the Mirror, "when the going gets tough, the tough go shopping."