Former Stones Manager Prince Loewenstein Dies
Loewenstein is credited with becoming an adviser for a nearly bankrupt band that, in 1968, was on the verge of disbanding and helped turn it into the money making machine that is still around today.
Once known as the “human calculator,” Loewenstein ended his business relationship, reportedly amicably, with the Stones in 2007.
However, his subsequent book, “A Prince Among Stones,” rankled Mick Jagger who did not appreciate the band’s business dealings made public.
He is also credited with introducing the Stones to promoter Michael Cohl who manufactured the lucrative Steel Wheels tour in 1989.
“Prince Rupert was my mentor and was uniquely responsible for my having the privilege of serving as the Rolling Stones’ business manager for more than 30 years,” Joseph Rascoff, now COO of SFX Entertainment, told Pollstar. “He was one of the most generous, insightful and collaborative individuals I have ever met. He will be deeply missed.”
The full name of Loewenstein, a descendent of the Duke of Bavaria, is Prince Rupert Ludwig Ferdinand zu Loewenstein-Wertheim-Freudenberg but he was known to associates as Rupie the Groupie because of his tight relationship with the Stones, according to the U.K.’s Independent.