Pete Seeger: Folkie, Communist, Millionaire

 It’s worth noting that Seeger was, in spite of his best efforts to eschew worldly success, a remarkably successful musical entrepreneur who made millions.

Pete Seeger, who passed away yesterday, has been described as the "father" of American folk music. Like the Coen Brothers' fictional portrayal of ne'er-do-well folk singer Lleywn Davis, Seeger looked the part of the progressive troubadour, oblivious to the worldly business of making money. With his tattered work shirts and his left-wing politics, Seeger looked the part of the man of the people, a card-carrying member of the 99 percent.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.