Prince Rupert Loewenstein, the band's former business manager, helped the Stones churn their musical talent into mountains of gold. He died Tuesday at age 80 in a London hospital after suffering from Parkinson's disease, friend Hugo Vickers said today.
The Oxford-educated aristocrat-whose full name was Prince Rupert Ludwig Ferdinand zu Loewenstein-Wertheim-Freudenberg - advised the Stones for almost four decades beginning in 1968.
He was introduced to Mick Jagger by a mutual friend at a time when the Stones were eager to extricate themselves from their relationship with American manager Allen Klein.
Loewenstein saw the Stones through their labyrinthine legal dispute with Klein, masterminded their year of tax exile in the south of France in the 1970s and oversaw their transformation from a rackety rock group to a formidable money-making machine that pioneered the lucrative mega-tour with the "Steel Wheels" extravaganza in 1989.
"He is a great financial mind for the market," Richards told Fortune magazine in 2002. "He plays that like I play guitar. ... As long as there's a smile on Rupert's face, I'm cool."
"He had to get them out of trouble now and again," Vickers said. Loewenstein advised Jagger during his divorce from first wife Bianca and was godfather to the singer's son James.
Despite his close relationship with the band, Loewenstein always insisted he didn't like rock 'n' roll. He said that distance let him view the band's affairs "calmly, dispassionately, maybe even clinically - though never without affection."
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