Thank You Paul McCartney, Thank You Kanye West: 12-12-12 Concert Raised $50 Million For Sandy Relief

by (@zaragolden)

You may or may not have been so into Paul McCartney‘s divisive jam sesh with the surviving member of Nirvana, you might have found the line-up a bit too old and a tad to British, or felt that Kanye‘s showstopping kilt was, well, something; but alas, there is now quantifiable proof that the night was for good: The 12-12-12 Concert For Sandy Relief raised roughly $50 million for victims of November’s devastating storm, and the show’s producers expect that number to grow in the coming weeks as additional donations and funds from album sales continue to trickle in.

Ticket sales and corporate sponsors made up the bulk of that $50 million, though merch sales and the phone bank brought in a hefty $20 million. And even the popular ticket resale site StubHub chipped in, donating the $1 million worth of fees they collected off of 12-12-12 tickets (they keep 25 percent of every sale, and tickets were being up-sold for as much as $60,000). Not so shabby, eh?

The New York Times figures that the benefit’s final tally falls a smidge short of the $61 million MTV’s Hope for Haiti concert made in 2010, and that the number pales in comparison to the $55 million (or, about $118 million in 2012 dollars) 1985′s Live Aid raised, but we are certain that those 50 million dollars will be put to good use by the 140 groups the Robin Hood Foundation has lined up and much appreciated by those left devastated by Sandy all the same. A hardy congratulations and a heartfelt thank you to all involved!

12-12-12 Producers Say Concert Brought In $50 Million [NYT]