Country legend Dolly Parton appeared Thursday on Watch What Happens Live With Andy Cohen, where she revealed the big purchase she made with royalties from “I Will Always Love You.” Her 1973 song was covered by Whitney Houston in 1992, and became a massive hit on the soundtrack for Houston’s film The Bodyguard.
“I bought my big office complex down in Nashville. So I thought, ‘Well this is a wonderful place to be,’” Parton said, after Cohen asked what the best thing was that she bought or invested in with the royalties.
Parton reportedly made $10 million from the song in the ’90s, and continues to make money from it to this day. So while buying an office complex is no biggie, it’s where and why she bought it that makes it special to her.
“I bought a property down in what was the Black area of town, and it was mostly just Black families and people that lived around there. And it was off the beaten path from 16th Avenue,” Parton said. “And I thought, ‘Well, I am going to buy this place, the whole strip mall.’ And thought, ‘This is the perfect place for me to be,’ considering it was Whitney.”