The authentic magic of Dolly Parton
Dolly Parton, the warm-hearted chanteuse from Tennessee, blends old-fashioned etiquette with openness and is loved by millions. She also has a very shrewd business mind.

“Amid the rising Covid-19 death toll and the aftermath of an ugly presidential election, Dolly Parton is one of the few subjects that Americans can still agree on,” says the Financial Times. “Red state or blue, country or rock, believer or agnostic” – the “warm-hearted chanteuse” crosses the most divisive lines. So it’s perhaps unsurprising that news of her contribution to ending the pandemic has been “met with paroxysms of joy online”. One Twitter user suggested a new word, “dollypartoning”: shorthand for finding out that someone you already like is an even better person than you thought.
Parton’s timely $1m donation to Vanderbilt University Medical Centre in Nashville at the start of the pandemic was pivotal to funding early research into what eventually became Moderna’s mRNA vaccine, says The Times. Typically enough, the connection was a seemingly unlikely friendship she’d struck up with a professor of surgery at the hospital following a 2013 car crash. “She has an incredible mind, she could easily have been a scientist,” says Dr Naji Abumrad. Indeed, at 74, it’s easy to believe that “the queen of country music” could turn her hand to anything. “I describe my looks like a blend of mother goose, Cinderella and the local hooker,” Parton once quipped. Her accomplishments are just as eclectic. If nothing else, she is renowned for her considerable business smarts.
The birth of a phenomenon
Born one of 12 children, on a small Tennessee tobacco farm in the foothills of the Smoky Mountains in 1946, Parton’s childhood – later woven into songs and the witty “Dollyisms” beloved by fans – shaped a sense of fearlessness, says The New Yorker. She was never afraid of being poor: it would have been impossible to have less money than her family did. Still, her singing career took off young. Dolly sang and made up songs “soon as she could talk”, getting radio gigs as a child thanks to an uncle who was also a performer, says the FT. At 13, she secured a slot at a country music institution, the Grand Ole Opry, introduced on stage by Johnny Cash. “Decades of hit songs and movies followed”, yet Parton is as relevant as ever – partly because the themes she writes about are timeless, and partly because “every few years, a new fan group discovers her music”. In 2000, the garage band The White Stripes fashioned her 1974 standard, Jolene, for a new generation.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Sixties Nashville was “the most patriarchal of societies”, says The Times. Yet “pretty lil’ Miss Dolly Parton” emerged as a formidable businesswoman, taking control of her publishing and rights almost from the off. The sale of more than 100 million albums as a solo artist alone helped build a $600m fortune – much of it reinvested in Tennessee through philanthropy and entrepreneurial efforts. In 1986, Parton bought a local theme park in a bid to create more jobs, renaming it Dollywood. It turned into a money-spinner attracting 3m visitors a year. But she tends to laugh off her financial prowess. “It costs a lot of money to look this cheap.”
Her secret to success
Parton’s secret, if there is one, is balancing “a whiff of old-fashioned etiquette concerning the subjects one doesn’t talk about” with a particular kind of openness, says The New Yorker. Famously, she has never declared a political allegiance, carefully “two-stepping” her way through the culture wars. “The magic with me is that I look completely false when I’m completely real,” she once said. “People respond to what you’re giving out. I accept everybody. I love the spice of the world and we’re all spice. It takes us all to make it full of flavour.”
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
Jane writes profiles for MoneyWeek and is city editor of The Week. A former British Society of Magazine Editors editor of the year, she cut her teeth in journalism editing The Daily Telegraph’s Letters page and writing gossip for the London Evening Standard – while contributing to a kaleidoscopic range of business magazines including Personnel Today, Edge, Microscope, Computing, PC Business World, and Business & Finance.
She has edited corporate publications for accountants BDO, business psychologists YSC Consulting, and the law firm Stephenson Harwood – also enjoying a stint as a researcher for the due diligence department of a global risk advisory firm.
Her sole book to date, Stay or Go? (2016), rehearsed the arguments on both sides of the EU referendum.
She lives in north London, has a degree in modern history from Trinity College, Oxford, and is currently learning to play the drums.
-
8 of the best properties for sale with mountain views
The best properties for sale with mountain views – from a former monastery in Brecon Beacons, Wales, to a house on St Lucia with views over the Piton Mountains
By Natasha Langan Published
-
Spot the Dog: £67bn in underperforming funds revealed
Around 137 funds consistently underperformed their benchmark, BestInvest's Spot the Dog report finds. Which funds are in the dog house?
By Katie Williams Published
-
Deepseek's Liang Wenfeng: the maths whizz who shook Big Tech
Few people had heard of Liang Wenfeng until the launch of his DeepSeek AI chatbot wiped a trillion dollars off US technology stocks. His pivot to AI was of a piece with his past exploits.
By Jane Lewis Published
-
Donald Trump's tariffs spark a global game of thrones
We don’t know what Donald Trump intends or will do next. That is in itself damaging.
By Emily Hohler Published
-
RedNote: the rise of the new TikTok
RedNote, a Chinese rival to social-media app TikTok, has seen millions of US users flock to it in the wake of the US TikTok ban. That caught the company by surprise. What is RedNote and can its popularity last?
By Jane Lewis Published
-
Australian tycoon Andrew Forrest battles it out with oil giant ExxonMobil
Iron ore billionaire Andrew Forrest made billions before committing himself to philanthropy. Now he is preparing for a showdown with ExxonMobil.
By Jane Lewis Published
-
Remembering Sir David McMurtry: Renishaw founder and Concorde engineer
Sir David McMurtry, co-founder of Renishaw, made a unique contribution to Britain. We look back at his legacy
By Jamie Ward Published
-
Low Tuck Kwong: the Indonesian mining billionaire who is benefitting from coal boom
Low Tuck Kwong’s coal business was in deep trouble a decade ago with no future. Now, he is riding the waves of a global coal boom
By Jane Lewis Published
-
David Montgomery's potential new ally as he seeks to buy The Telegraph
Veteran media mogul David Montgomery has seen off a bid for his media group National World. But he now has his eye on The Telegraph
By Jane Lewis Published
-
Elon Musk to Taylor Swift - the four key figures who moved markets in 2024
We look at the four most influential people in 2024 who moved markets – from Elon Musk reshaping US politics to Rachel Reeves struggling as Britain's chancellor
By Jane Lewis Published