No, what I am doing is kind by telling people who are useless, "Do something that you're good at".

I've spent hundreds of thousands of pounds on the very best security and I can assure you my homes are as safe as the Bank of England.

I think America is a hard nut to crack. But once you get a toehold, it's a great place for an entrepreneur because people are so enthusiastic, and you have the most enthusiastic audiences in world.

When someone asks, 'Does success make you into a monster?' I always say, 'No, it enables you to be a monster.'

Everyone who turns up on 'X Factor' does it because a door has been closed to them at some time in their lives, and this is the only shot they have got.

For the music business, social networking is brilliant. Just when you think it's doom and gloom and you have to spend millions of pounds on marketing and this and that, you have this amazing thing now called fan power. The whole world is linked through a laptop. It's amazing. And it's free. I love it. It's absolutely brilliant.

What I would argue in my defence is that shows like Britain's Got Talent and The X Factor have actually got people more interested in music again and are sending more people into record stores.