Ronnie Wood’s incredible oil paintings have earned the Rolling Stones legend £1MILLION in ONE year

Ronnie Wood has made a fortune from his incredible paintings and rakes in over £1 million a year.

The 75-year-old Rolling Stones star has filed new accounts for his art company and revealed that he made a whopping £1,437,277 profit last year.

With the guitarist’s work being bought around the world, it’s the first time his art has surpassed the million pound mark.

Incredible: Ronnie Wood has made a fortune from his incredible prints and oil paintings, pocketing over £1 million in a year.

Ronnie has created oil paintings and prints of his bandmates and has had exhibitions in London.

He discovered his talent for painting at Ealing Art College in the 1960s alongside fellow stars Freddie Mercury and Pete Townshead.

After finding fame, Ronnie picked up a paintbrush again in the ’80s.

Talented: The 75-year-old Rolling Stones star has filed new accounts for his art company, revealing he made a massive £1,437,277 profit last year

He previously said: ‘When I’m painting, I lose track of time. I’m absorbed. It’s great’.

It comes after the Rolling Stones are reportedly set to release their first album of new music later this year.

The album would be the first album by Mick Jagger, Keith Richards and Ronnie in 18 years and the first since the death of drummer Charlie Watts two years ago.

After a traumatic year, the trio are reportedly ready to look to the future, a source claims; “They’ve taken a hit in recent years, but the show goes on.”

Unbelievable: With the guitarist’s work being bought all over the world, it’s the first time his art has surpassed the million pound mark.

The group, which released Live Kicks in 2004 and A Bigger Bang in 2005, is said to have gathered for studio sessions in New York over the past two weeks, joined by drummer Steve Jordan and bassist Darryl Jones.

A source told The Sun: ‘After Charlie’s death there was some uncertainty about what to do next. They had scheduled stadium dates under such pressure, but afterwards it was unclear what the future looked like.

“But now they’ve had time to reflect, they all feel it’s the right thing to do to continue doing what they’ve always done as a band, make new music and hopefully get back on the road to introduce it to their fans.

“They’ve had problems in recent years, but the show goes on, and the Stones always do.”

The source added that the rockers are planning a “big tour” after the album, which will likely include countries in the US, South America and Europe.

MailOnline has contacted representatives for The Rolling Stones for comment.

Moving On: It comes after the Rolling Stones will reportedly release their first album of new music later this year, their first in 18 years and since the death of drummer Charlie Watts.