Rolling Stones ex-financial manager Prince Rupert Loewenstein dies

The man who turned The Rolling Stones into one of the wealthiest bands on the planet, Prince Rupert Loewenstein, has died aged 80.

Loewenstein saved the band from bankruptcy and turned them a billion-dollar-making musical tour de force when he managed their managed their financial affairs for 40 years, before parting ways with the band on good terrms in 2007. 

Nicknamed 'Rupie the Groupie', the German aristocrat was introduced to band in 1967, and agreed to handle their finances despite not being a particularly big fan of rock and roll. 

Loewenstein later wrote that he and frontman Mick Jagger Jagger "clicked on a personal level. I certainly felt that [he] was a sensible, honest person. And I was equally certain that I represented a chance for him to find a way out of a difficult situation. I was intrigued. So far as the Stones’ music was concerned, however, I was not in tune with them, far from it. Rock and pop music was not something in which I was interested.

He continued: "After the first two or three business meetings with Mick, I realised there was something exceptional in his make-up, that his personality was able to convert his trade as itinerant performer into something far more intriguing."

#rollingstones legend dies: Prince Rupert Loewenstein managed band for almost 40 years http://t.co/XgQaV7u77O pic.twitter.com/BVCI6Wnc5g

‘Mick and the other band members are saddened by the news,’ a 'friend' apparently told The Daily Mail. ‘It is the end of an era.’