Emily Eavis, daughter of founder Sir Michael Eavis, is set to inherit and take over control of the Glastonbury Festival. Michael Eavis has transferred his shares in the festival's operational company and holding company to Emily and a family trust, a move aimed at ensuring the festival's legacy continues within the family.
For Glastonbury and the Eavis family, an £80m inheritance tax charge would come with a huge operational impact, even if they chose to pay in annual instalments over ten years. Protection and control: Who should receive gifts, and how they should receive them (whether outright or in trust), needs careful thought.
No one really profits from glastonbury, certainly not from the effort that's put into it. It's a registered charity so whatever they take, about £5-6m, 88% of all profits go directly to charities like oxfam and water aid. They pay artists hardly anything because they literally can't afford to.
Glastonbury Festival makes millions, yet the founder pays himself a £60,000 salary, which is the same wage as an accountant. But despite this he is thought to have a net worth of more than £1million. Michael Eavis, the founder of Glastonbury Festival is reportedly worth £1.2million.
There will be no Glastonbury Festival in 2026 because the organizers are taking a planned "fallow year" to allow {Worthy Farm} to rest, regenerate the land, and let the dairy cows reclaim their pastures, a tradition held roughly every fifth year to prevent damage and give everyone involved a break. This gives the farmland a chance to recover from the massive event before it returns in 2027.
King Charles Is 10X More Inbred Than You (Here's Why That Matters)
How much does Coldplay get for Glastonbury?
Meanwhile, Michael Eavis has said he paid £200,000 each for Paul McCartney and Coldplay to headline the festival: “Although it sounds a lot, they could have charged me far more.” There were unverified reports last year that Dua Lipa was paid around £200,000 when she made her debut as Glastonbury headliner on the ...
Shale died of a heart attack whilst using a portable toilet cubicle at the Glastonbury Festival. Prior to the discovery of his body, he had been reported missing for 18 hours.
Glastonbury Festival will return from June 23 through 27, 2027, following a "fallow year" in 2026 that will allow the land in its longtime location, Worthy Farm, to rest.
General Admission full weekend tickets (valid from Wednesday 25th June to Sunday 29th June) for Glastonbury 2025 cost £378.50 (including a £5 booking fee per ticket) plus postage and packing at £10.25 per order (£2.75 per order for coach tickets).
The 1975 finally bring their incendiary show back to Worthy Farm to headline the Pyramid Stage on the Friday, while Olivia Rodrigo will close out the Festival on the Sunday night – headlining the Pyramid for her first appearance at Glastonbury since her memorable Other Stage set in 2022.
The total cost of putting on the 2023 Glastonbury Festival was approximately £62 million, paid across 922 organisations providing services to the festival.
Burt Bacharach played the Pyramid stage in 2015 at the age of 87, while in 2022, Paul McCartney headlined the week after his 80th birthday. Other artists to have played the legend slot in recent years include Kylie Minogue, Shania Twain, Barry Gibb of the Bee Gees and Cat Stevens.
Can I put my house in my children's name to avoid inheritance tax?
Yes, you can gift your house to your children to potentially avoid Inheritance Tax (IHT), but it's complex: you must survive the gift by seven years, or pay tapered tax if you die sooner, and you can't keep living there rent-free (a "gift with reservation of benefit") unless you pay market rent, or the house stays in your estate. Key risks include losing control of the home and potential issues with Capital Gains Tax (CGT) or Stamp Duty for your children, and the risk of it being seen as deliberate deprivation of assets if you need care funding later.
Japan: sōzokuzei (相続税): paid as a national tax (between 10 and 55% after an exemption of ¥30 million + ¥6 million per heir is deducted from the estate) Japan has the highest inheritance tax rate in the world.
There will be no Glastonbury Festival in 2026 because the organizers are taking a planned "fallow year" to allow {Worthy Farm} to rest, regenerate the land, and let the dairy cows reclaim their pastures, a tradition held roughly every fifth year to prevent damage and give everyone involved a break. This gives the farmland a chance to recover from the massive event before it returns in 2027.
These included 27 reports of violence against a person, 22 drug offences, 13 public order offences, and even one report of 'miscellaneous crimes against society'. Of the crimes committed, most involved a 'crime-related incident' and 'violence against a person'.
Not according to the ticket terms and conditions. No sleeping in cars on site. So if you are caught by someone patrolling the car park you will most likely be asked to leave. Nothing to stop you sleeping in the car in a lay-by or in the side roads near the festival though.
John Thomson Stonehouse (28 July 1925 – 14 April 1988) was a British Labour and Co-operative Party politician, businessman and minister who was a member of the Cabinet under Prime Minister Harold Wilson. He is remembered for his unsuccessful attempt at faking his own death in 1974.
HuffPost took the number of arrests at each event, and divided it by the number of respective attendees. They found that there were 3.10 arrests per 10,000 people at Glastonbury and 3.76 per 10,000 at Notting Hill Carnival.
Lee Anderson is called "30p Lee" because he claimed in 2022 that people struggling with poverty could cook nutritious meals from scratch for around 30 pence a day, suggesting a lack of budgeting and cooking skills was the issue, not food insecurity, a remark that drew widespread criticism for being insensitive and out of touch. The nickname stuck as his critics, including food poverty campaigners, ministers, and opposition MPs, used it to highlight his controversial views on poverty and the cost of living crisis, notes The Guardian and Sky News.
While both are incredibly wealthy, Chris Martin is generally considered richer due to Coldplay's massive global tours and album sales, with recent estimates placing his net worth around $160-$170 million, whereas Gwyneth Paltrow's fortune, estimated around $200 million in older reports, comes from acting, her successful Goop brand, endorsements, and cookbooks, though exact figures vary and Martin's music income often outpaces her diversified streams.
There is better news for the festival in its latest financial results, which revealed £5.9m of pre-tax profits in the year ending in March 2024, up from £2.9m in its previous financial year.
According to a report by Forbes, the renowned singer earns approximately $13.6 million per concert. Taylor Swift is widely regarded as the biggest pop star in the world at the moment.
