Pink Floyd's David Gilmour Makes Massive Donation To U.K. Homeless Charity

LONDON, UK (AP) - Pink Floyd singer-guitarist David Gilmour recently sold one of his British homes, but rather than pocketing the money he is putting it to work for a good cause. Gilmour sold his London residence to Earl Spencer, the brother of the late Princess Diana, for a reported 4.5 million British pounds (more than $6.52 million), and he's sending the money to Crisis, a U.K. homeless charity he regularly donates to. The report noted that Gilmour bought the house in the early '80s for 300,000 pounds, and also estimates his personal fortune at 60 million pounds.

"I don't need the money, and I just thought it would be a good thing to do," British newspaper The Independent quoted Gilmour as saying. "I've had that house for nearly 20 years. It's made a fat profit and I've scarcely used it for the last six or seven years. You can't live seriously in more than one house. Everything else is just a holiday home."

Gilmour lives with his wife and children in a farmhouse in the English countryside, and he decided to sell the London house because he wasn't using it, and because he's simplifying things in his life. He told another U.K. newspaper, The Sunday Telegraph, "You collect Ferraris, and then you've got to collect buildings to house the Ferraris, and then you need more people to look after the people who are looking after things. Life gets very complicated. And eventually, at least in my case, you think, 'I don't need this stuff.' And suddenly life gets simpler."

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