This song is about the dangers of overindulgence. It came just as Cooper was getting famous and exposed to rock star excess, and accordingly it helped make him rich and famous. Alice used the cash to buy a house in Los Angeles and finance more elaborate stage shows and videos. He lived the rock star lifestyle for a while, but in later years settled into a very sensible upper class lifestyle, living in Arizona, playing lots of golf, and making shrewd business decisions. He never became a billionaire, but he did very well for himself.
Cooper and his band recorded this at a mansion they rented out to record the album in Greenwich, Connecticut, which is a very wealthy suburb of New York City. The song is credited as written by Cooper, his guitarist Michael Bruce, and a session guitarist they worked with named Reggie Vinson.
The Billion Dollar Babies album was re-released with new packaging as a DVD in 2000. It contains all the songs plus interviews and bonus tracks.
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