Dolly Parton was on Watch What Happens Live with Andy Cohen last night where she revealed many things including her upcoming cameo on Grace & Frankie & what she did with royalties made from I Will Always Love You.
Her 1973 song was covered by Whitney in ’92, and became a HUGE hit on the soundtrack for Houston’s film, The Bodyguard. Cohen asked what the best thing was that she bought or invested in with the royalties.
“I bought my big office complex down in Nashville. So I thought,
‘well this is a wonderful place to be.’
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. 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.”
Parton has always spoken very highly of Houston and her version of the song, saying that she had to pull off the road to avoid crashing because she was so moved the first time she heard it.
“So I just thought this was great, I’m just gonna be down here with her people, who are my people as well…. so I just love the fact that I spent that money on a complex. And I think,
‘This is the house that Whitney built.’”