There is credible information or news reports confirming that Ringo Starr has invested \$8.6 million to transform a house into a shelter for homeless youth in Liverpool. However, there have been significant developments related to his childhood home in the city.
Ringo Starr’s birthplace at 9 Madryn Street in Liverpool was once slated for demolition as part of urban regeneration plans for the Welsh Streets area. In 2012, following a strong public outcry and community support, the UK government intervened to preserve the house. Housing Minister Grant Shapps announced that the home would be saved from demolition and refurbished instead, acknowledging it as a “beacon of Beatlemania” and a significant piece of British music history.
While Ringo Starr himself did not invest in this preservation effort, the government’s decision to allocate £14 million for the refurbishment of 32 properties in the Welsh Streets, including Starr’s former home, highlights the community’s dedication to preserving local heritage.