The 'We Are The World' remake is in full force. DimeWars research staff has counted up to 80 different celebrities participating in the event. But this inevitably leads to an interesting question. Where will the money go? One of Lionel Richie's managers was recently asked that very question:All my executives and staff that are here are working for nothing," said Randy Phillips, the CEO of AEG Live and Richie's manager. (AEG Live underwrote much of the operational costs for the recording of the track, as did Visa.) "No one's making any money. This is strictly a charitable event. We want as much as possible, if it's 99 percent, to go to charity. That's what we want to happen here. What we're going to do is we've formed a charitable foundation called the "We Are the World" Foundation LLC. The money will go [to the foundation] as a pit stop, and then it will be distributed. There's a board that's going to decide where it goes," he said. "And on that board is Quincy and ['Crash' director] Paul Haggis and Luis Alberto Moreno, who runs the [Inter-American] Development Bank.
