The Stones frontman was speaking ahead of the release of his band's first album in nearly two decades next month.

In an interview with The Wall Street Journal, Sir Mick addressed the potential sale of the band's post-1971 catalogue, indicating it could be given to charity to "maybe do some good in the world".

Although no decisions have been taken, the back catalogue would likely raise huge sums of money but Sir Mick said: "The children don't need $500m to live well, come on."

The 80-year-old has eight children - he most recently became a father again at the end of 2016 when ballerina Melanie Hamrick gave birth to their son in New York.

The Rolling Stones' early work is owned by another label and the ownership of a catalogue is a big topic in the world of online streaming.

Sir Mick said: "The industry was so nascent, it didn't have the support and the amount of people that are on tap to be able to advise you as they do now.

"But, you know, it still happens... look what happened to Taylor Swift. I don't really know the ins and outs of it, but she obviously wasn't happy."

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Other music stars have sold the rights to their work in recent years, including Bruce Springsteen, Paul Simon and Sting.

Sir Mick also talked about the possibility of The Rolling Stones going on a hologram tour following the success of ABBA's Voyage show.

He told the Journal: "You can have a posthumous business now, can't you? You can have a posthumous tour.

"The technology has really moved on since the ABBA thing, which I was supposed to go to, but I missed it."

The Rolling Stones will release their new album, Hackney Diamonds, on 20 October and it will include contributions from Sir Paul McCartney, Stevie Wonder, Sir Elton John and Lady Gaga.