John Oates, of Hall & Oates, recalled a time when he went from owning four homes and a private plane to having just $50 in his wallet.
Oates reveals in his new memoir, “Change of Seasons,” that his lavish lifestyle left him broke.
In the book, he hints his ex-manager Tommy Mottola and lawyer Allen Grubman are to blame for not warning him and his bandmate Daryl Hall that they were overspending.
“I just wish they’d warned us that the high life we were living would have financial consequences,” he writes, according to People magazine. “We weren’t cheated; we were seduced.”
The rocker eventually reclaimed a lot of his fortune through royalties he was owed.
Oates also reveals in the tell-all that he regrets his marriage to Nancy Hunter.
“I should never have been married in the ’80s,” the rocker writes. “She was a successful model and I was running around the world like I was single.”
He said by the time the ‘90s rolled around he needed to make a change, so he shaved off his signature mustache.
“No one will ever understand how much that mustache affected my life,” he writes. “It was so much a part of who I had become.”
“Change of Seaons: A Memoir” will be available for purchase on March 28.