Updated August 2
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Dolly Parton invested royalties from Whitney Houston’s ‘I Will Always Love You’ in Black community
Fueling the investment was the multimillion-dollar payday she earned from Houston s cover of one of Parton s most successful songwriting credits.
By Kim BellwareThe Washington Post
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In a catalogue that runs deep with hits, “I Will Always Love You” stands as one of Dolly Parton’s most successful songwriting credits, a tune that became a global phenomenon when it was covered by Whitney Houston for the 1992 film “The Bodyguard.”
Parton, who is estimated to have earned millions of dollars in royalties for writing the song in 1973, revealed this week how she spent her money from the songwriting credit for Houston, who died in 2012: She invested in a building located in a historically Black Nashville neighborhood.
Dolly Parton invested Whitney Houston s I Will Always Love You royalties in Black community
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