Elton John has reportedly been left"bereft" after taking a significant $75 million hit after coronavirus forced him to cancel his farewell tour.
The cancellation of the tour has also resulted in his long-serving band - including guitarist Davey Johnstone and drummer Nigel Olsson - being laid off until it becomes clear if concerts scheduled for later this year will take place, according to the publication. Despite being worth an estimated $445 million , according to the recent Sunday Times Rich List, Elton is now thought to be assessing if he will need to make further savings and, if so, where.
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