The first Glastonbury Festival was held at Worthy Farm in 1970 and had an entrance fee of just £1
Fans once again travel to Worthy Farm in Somerset to see some of the biggest names in music.
The most popular event on the British music calendar, Glastonbury has been entertaining fans since 1969.
The legendary festival boasts a packed list of headliners, including performances by Kendrick Lamar, Diana Ross, Sir Paul McCartney and Billie Eilish.
With an estimated 200,000 people coming to Worthy Farm this year, the event is only growing.
But who owns the Worthy Farm and how much money do they make from it?
Here’s everything you need to know.
Who owns Worthy Farm?
Worthy Farm is owned by 86-year-old dairy farmer Michael Eavis.
Where is the worthy farm?
Worthy Farm is located in the village of Pilton, Somerset and not in Glastonbury as the festival’s name might suggest.
According to that GuardianActually, the Glastonbury Festival 2019 should move away from the location, but that doesn’t seem to be the plan anymore.
The festival takes a break known as a fallow year every five years, which gives the farmland time to recover from the hundreds of thousands of visitors it sees during the festival.
Who is Michael Eavis?
Michael Eavis is the founder of the Glastonbury Festival.
In 1954 he inherited Worthy Farm from his father and ran it as a dairy farm.
But in 1969 he had the idea of hosting a music festival after being inspired by a Led Zeppelin performance at Bath’s Blues Festival.
The first event it held was the Pilton Pop Folk & Blues Festival before becoming the Glastonbury Fair in 1970.
The small event eventually became the Glastonbury Festival, which has developed into one of the most popular events in the music world with around 200,000 fans in attendance.
Eavis, who is 86, is no longer running the festival, with his youngest daughter Emily Eavis, 42, taking the reins.
Her role includes assigning headliners and has seen a shift in the music offering.
She helped book the festival’s first hip-hop headliner, Jay-Z in 2008, and has diversified the music to appeal to a variety of generations.
It was Emily who campaigned to ban single-use plastic bottles at the 2019 festival.
What is his net worth?
According to Company Check, Eavis has a net worth of approximately £3million.
How much do they make from Glastonbury?
Glastonbury Festival has a reported turnover of £32 million.
Despite being one of the biggest music events in the world, the festival’s founder gives himself an annual salary of £60,000, with the rest going to charity.
Glastonbury is keeping £10m in the bank as a ‘contingency plan’, daughter Emily told the Daily Mail: ‘The elements are so unpredictable.
“We are completely at the mercy of the elements. We need to sell out to break even because the event costs so much – around £40m. Our other goal is to give around £2million a year to the charities we support. Glastonbury employs around 50 full-time staff.”
https://www.nationalworld.com/news/people/who-owns-the-glastonbury-field-how-much-does-worthy-farm-owner-michael-eavis-earn-festival-net-worth-3740281 Michael Eavis: Who Owns Glastonbury’s Worthy Farm?