Dolly Parton invested Whitney Houston cover royalties into Black neighborhood in Nashville
Dolly Parton has revealed that she invested her royalties from Whitney Houston‘s cover of “I Will Always Love You” into a Black community in Nashville.
The Grammy Award-winning singer, songwriter, producer and actress wrote and performed the song in 1973 as a farewell to her then business partner, Porter Wagoner. However, it wasn’t until Houston covered it for the 1992 romantic drama “The Bodyguard” that it became a worldwide hit.
Keep scrolling for a photo gallery of Dolly Parton through the years
According to Forbes, the ballad — which spent 14 weeks at the top of the US Billboard Hot 100 — earned Parton $10 million in royalties in the 1990s.
Appearing on “Watch What Happens Live with Andy Cohen” Thursday, Parton said she used the money she made to buy a “big office complex” in the “Black area of town” in honor of Houston, who died in 2012 at the age of 48.
“I bought my big office complex down in Nashville,” the 75-year-old country icon explained. “I thought this is a wonderful place to be.”
She continued: “I bought a property down in what was the Black area of town, and it was mostly just Black families and people that lived around there.
“It was just off the beaten path from 16th Avenue and I thought, ‘Well I am going to buy this place, the whole strip mall.’ And thought, ‘This is the perfect place for me to be,’ considering it was Whitney.”
“I just thought, ‘This was great. I’m just going to be down here with her people who are my people as well. And so I just love the fact that I spent that money on a complex and I think, ‘This is the house that Whitney built.'”
During the interview, Parton also revealed that she wished she could have performed “I Will Always Love You” with Houston.
“I would’ve loved that, but I don’t think I could come up to snuff with her, though. She would’ve outsung me on that one for sure.”
In April 2020, Parton donated $1 million to coronavirus research at Vanderbilt University, which helped fund Moderna’s Covid-19 vaccine.
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ASSOCIATED PRESS
Dolly Parton, country music singer-composer in February 1975. (AP Photo/RCA)
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Anonymous
Country Music stars Dolly Parton, left, and Minnie Pearl, right, are seen at the Country Music Awards show in October 1977, Nashville, Tennessee. (AP Photo)
AnonymousCountry Music stars Dolly Parton, left, and Minnie Pearl, right, are seen at the Country Music Awards show in October 1977, Nashville, Tennessee. (AP Photo)
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George Brich
Les Paul, right, and Chet Atkins, left, are presented Grammys by Dolly Parton and Freddie Fender, second from right, at 19th annual Grammy Awards, Feb. 19, 1977 in Los Angeles. (AP Photo/George Brich)
George BrichLes Paul, right, and Chet Atkins, left, are presented Grammys by Dolly Parton and Freddie Fender, second from right, at 19th annual Grammy Awards, Feb. 19, 1977 in Los Angeles. (AP Photo/George Brich)
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AP
Dolly Parton and Johnny Cash are shown at the Country Music Association Awards in Nashville, Tenn., in 1978. (AP Photo)
APDolly Parton and Johnny Cash are shown at the Country Music Association Awards in Nashville, Tenn., in 1978. (AP Photo)
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AP
Carol Burnett and Dolly Parton sing a duet during a television special made at Nashville's Grand Ole Opry House for broadcast, Feb. 14, 1979. The CBS program marks the first joint appearance of comedienne Burnett and country-western music star Parton. (AP Photo)
APCarol Burnett and Dolly Parton sing a duet during a television special made at Nashville's Grand Ole Opry House for broadcast, Feb. 14, 1979. The CBS program marks the first joint appearance of comedienne Burnett and country-western music star Parton. (AP Photo)
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Wally Fong
From left, Jane Fonda, Dolly Parton and Lily Tomlin get together Dec 12, 1980 at a Los Angeles news conference to promote their soon-to-be released movie "9 To 5". (AP Photo/Wally Fong)
Wally FongFrom left, Jane Fonda, Dolly Parton and Lily Tomlin get together Dec 12, 1980 at a Los Angeles news conference to promote their soon-to-be released movie "9 To 5". (AP Photo/Wally Fong)
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Humphrey
Singer Dolly Parton, Nov. 10, 1982. (AP Photo/Humphrey)
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Mario Suriani
Actor Sylvester Stallone, left, and actress and singer Dolly Parton, sit in a horse-drawn carriage during the filming of the movie Rhinestone, on West Broadway in lower Manhattan, Wednesday, Oct. 27, 1983, in New York. The movie is being made for 20th Century Fox. (AP Photo/Mario Suriani)
Mario SurianiActor Sylvester Stallone, left, and actress and singer Dolly Parton, sit in a horse-drawn carriage during the filming of the movie Rhinestone, on West Broadway in lower Manhattan, Wednesday, Oct. 27, 1983, in New York. The movie is being made for 20th Century Fox. (AP Photo/Mario Suriani)
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BOB GALBRAITH
Entertainer Dolly Parton, wearing a wedding dress, is shown with 300-pound wrestler Hulk Hogan during taping of a television special in Los Angeles, Ca., on Sept. 14, 1987. (AP Photo/Bob Galbraith)
BOB GALBRAITHEntertainer Dolly Parton, wearing a wedding dress, is shown with 300-pound wrestler Hulk Hogan during taping of a television special in Los Angeles, Ca., on Sept. 14, 1987. (AP Photo/Bob Galbraith)
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ED BAILEY
Stars of the film Steel Magnolias pose backstage at the Ziegfeld Theater in New York Nov. 5, 1989 at the movie's premiere. Shown from left: Dolly Parton, Sally Field, Olympia Dukakis, Shirley MacLaine, Julia Roberts and Daryl Hannah. (AP Photo/Ed Bailey)
ED BAILEYStars of the film Steel Magnolias pose backstage at the Ziegfeld Theater in New York Nov. 5, 1989 at the movie's premiere. Shown from left: Dolly Parton, Sally Field, Olympia Dukakis, Shirley MacLaine, Julia Roberts and Daryl Hannah. (AP Photo/Ed Bailey)
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LAWRENCE JACKSON
Country singer Dolly Parton rehearses for the Capitol Fourth 2003 Concert in front of The Capitol in Washington, Thursday, July 3, 2003. The celebration scheduled for Friday is to feature performances by Parton, James Ingram and the Chieftains, and a fireworks show. (AP Photo/Lawrence Jackson)
LAWRENCE JACKSONCountry singer Dolly Parton rehearses for the Capitol Fourth 2003 Concert in front of The Capitol in Washington, Thursday, July 3, 2003. The celebration scheduled for Friday is to feature performances by Parton, James Ingram and the Chieftains, and a fireworks show. (AP Photo/Lawrence Jackson)
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PETER COSGROVE
During a news conference for the opening of the Dixie Stampede in Orlando, Fla. Wednesday June 18, 2003 Dolly Parton fields a question. Parton was all dolled up like an American flag to publicize her Dixie Stampede in Orlando.(AP Photo/Peter Cosgrove)
PETER COSGROVEDuring a news conference for the opening of the Dixie Stampede in Orlando, Fla. Wednesday June 18, 2003 Dolly Parton fields a question. Parton was all dolled up like an American flag to publicize her Dixie Stampede in Orlando.(AP Photo/Peter Cosgrove)
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JOHN RUSSELL
Country music legend Dolly Parton relaxes at her office in Nashville, Tenn., Thursday, Aug. 11, 2005. Parton will begin touring this month to promote her new album, "Those Were the Days." (AP Photo/John Russell)
JOHN RUSSELLCountry music legend Dolly Parton relaxes at her office in Nashville, Tenn., Thursday, Aug. 11, 2005. Parton will begin touring this month to promote her new album, "Those Were the Days." (AP Photo/John Russell)
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AP Photo/Quad City Times, Louis Brems
Dolly Parton plays the fiddle with Stuart Duncan while performing the song "Those were the Days" from Parton's new album Wednesday, Nov. 2, 2005, in Moline, Ill. (AP Photo/Quad City Times, Louis Brems)
AP Photo/Quad City Times, Louis BremsDolly Parton plays the fiddle with Stuart Duncan while performing the song "Those were the Days" from Parton's new album Wednesday, Nov. 2, 2005, in Moline, Ill. (AP Photo/Quad City Times, Louis Brems)
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CHRIS CARLSON
Country singer Dolly Parton rehearses the Oscar nominated best original song "Travelin' Thru," from the film "Transamerica," during a rehearsal for the 78th Academy Awards on Monday, Feb. 27, 2006, in the Hollywood section of Los Angeles. The Academy Awards for outstanding film achievements of 2005 will be presented on Sunday. (AP Photo/Chris Carlson)
CHRIS CARLSONCountry singer Dolly Parton rehearses the Oscar nominated best original song "Travelin' Thru," from the film "Transamerica," during a rehearsal for the 78th Academy Awards on Monday, Feb. 27, 2006, in the Hollywood section of Los Angeles. The Academy Awards for outstanding film achievements of 2005 will be presented on Sunday. (AP Photo/Chris Carlson)
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KEVORK DJANSEZIAN
Country singer and songwriter Dolly Parton, nominated for an Oscar for best original song for "Travelin' Thru" from the film "Transamerica," arrives for the 78th Academy Awards Sunday, March 5, 2006, in Los Angeles. Parton will perform the song during the show. (AP Photo/Kevork Djansezian)
KEVORK DJANSEZIANCountry singer and songwriter Dolly Parton, nominated for an Oscar for best original song for "Travelin' Thru" from the film "Transamerica," arrives for the 78th Academy Awards Sunday, March 5, 2006, in Los Angeles. Parton will perform the song during the show. (AP Photo/Kevork Djansezian)
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MARK J. TERRILL
Reba McEntire, left, performs "How Blue" with Dolly Parton during taping of "CMT Giants" honoring Reba McEntire, Thursday night, Oct. 26, 2006, in the Hollywood section of Los Angeles. The show is scheduled to air on Saturday, Nov. 18. (AP Photo/Mark J. Terrill)
MARK J. TERRILLReba McEntire, left, performs "How Blue" with Dolly Parton during taping of "CMT Giants" honoring Reba McEntire, Thursday night, Oct. 26, 2006, in the Hollywood section of Los Angeles. The show is scheduled to air on Saturday, Nov. 18. (AP Photo/Mark J. Terrill)
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J. SCOTT APPLEWHITE
The 2006 Kennedy Center honorees pose for a group photo at the State Department in Washington, Saturday, Dec. 2, 2006. From left to right are: Zubin Mehta, Steven Spielberg, Dolly Parton, Smokey Robinson, and Andrew Lloyd Webber. Singers Dolly Parton and Smokey Robinson, film director Steven Spielberg, composer Andrew Lloyd Webber and conductor Zubin Mehta are being celebrated by the John F. Kennedy Center for the Performing Arts for their contributions to American culture. (AP Photo/J. Scott Applewhite)
J. SCOTT APPLEWHITEThe 2006 Kennedy Center honorees pose for a group photo at the State Department in Washington, Saturday, Dec. 2, 2006. From left to right are: Zubin Mehta, Steven Spielberg, Dolly Parton, Smokey Robinson, and Andrew Lloyd Webber. Singers Dolly Parton and Smokey Robinson, film director Steven Spielberg, composer Andrew Lloyd Webber and conductor Zubin Mehta are being celebrated by the John F. Kennedy Center for the Performing Arts for their contributions to American culture. (AP Photo/J. Scott Applewhite)
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PETER DEJONG
Country singer Dolly Parton performs during her concert in Ijsselhallen in Zwolle, north eastern Netherlands, on March 18, 2007, as part of her European tour. (AP Photo/Peter Dejong)
PETER DEJONGCountry singer Dolly Parton performs during her concert in Ijsselhallen in Zwolle, north eastern Netherlands, on March 18, 2007, as part of her European tour. (AP Photo/Peter Dejong)
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Richard Drew
Dolly Parton appears on the NBC "Today" television program in New York Wednesday, April 22, 2009. (AP Photo/Richard Drew)
Richard DrewDolly Parton appears on the NBC "Today" television program in New York Wednesday, April 22, 2009. (AP Photo/Richard Drew)
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Wade Payne
Country music entertainer Dolly Parton performs during the 75th Anniversary Rededication Event at the Rockefeller Memorial at Newfound Gap in the Great Smoky Mountains National Park Wednesday, Sept. 2, 2009 at the Tennessee-North Carolina border. (AP Photo/Wade Payne)
Wade PayneCountry music entertainer Dolly Parton performs during the 75th Anniversary Rededication Event at the Rockefeller Memorial at Newfound Gap in the Great Smoky Mountains National Park Wednesday, Sept. 2, 2009 at the Tennessee-North Carolina border. (AP Photo/Wade Payne)
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Seth Wenig
Patricia Resnick, left, Dolly Parton, and Stephen Oremus, pose for a picture in New York, Thursday, April 23, 2009. Parton wrote the music and lyrics for "9 to 5: The Musical", as well as starred in the film version, Resnick wrote the screenplay for the movie and the book to accompany the new musical and Oremus is the Music Director of the musical. (AP Photo/Seth Wenig)
Seth WenigPatricia Resnick, left, Dolly Parton, and Stephen Oremus, pose for a picture in New York, Thursday, April 23, 2009. Parton wrote the music and lyrics for "9 to 5: The Musical", as well as starred in the film version, Resnick wrote the screenplay for the movie and the book to accompany the new musical and Oremus is the Music Director of the musical. (AP Photo/Seth Wenig)
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Jonathan Short
U.S singer Dolly Parton performs at Glastonbury music festival, England, Sunday, June 29, 2014. Thousands of music fans have arrived for the festival to see headliners Arcade Fire, Metallica and Kasabian. (Photo by Jonathan Short/Invision/AP)
Jonathan ShortU.S singer Dolly Parton performs at Glastonbury music festival, England, Sunday, June 29, 2014. Thousands of music fans have arrived for the festival to see headliners Arcade Fire, Metallica and Kasabian. (Photo by Jonathan Short/Invision/AP)
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Jordan Strauss
Dolly Parton arrives at the 51st annual Academy of Country Music Awards at the MGM Grand Garden Arena on Sunday, April 3, 2016, in Las Vegas. (Photo by Jordan Strauss/Invision/AP)
Jordan StraussDolly Parton arrives at the 51st annual Academy of Country Music Awards at the MGM Grand Garden Arena on Sunday, April 3, 2016, in Las Vegas. (Photo by Jordan Strauss/Invision/AP)
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Evan Agostini
Dolly Parton poses in the press room with the Willie Nelson Lifetime Achievement Award during the 50th annual CMA Awards at the Bridgestone Arena on Wednesday, Nov. 2, 2016, in Nashville, Tenn. (Photo by Evan Agostini/Invision/AP)
Evan AgostiniDolly Parton poses in the press room with the Willie Nelson Lifetime Achievement Award during the 50th annual CMA Awards at the Bridgestone Arena on Wednesday, Nov. 2, 2016, in Nashville, Tenn. (Photo by Evan Agostini/Invision/AP)
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Matt Sayles
Dolly Parton, left, and Katy Perry perform “Coat Of Many Colors” at the 51st annual Academy of Country Music Awards at the MGM Grand Garden Arena on Sunday, April 3, 2016, in Las Vegas. (Photo by Matt Sayles/Invision/AP)
Matt SaylesDolly Parton, left, and Katy Perry perform “Coat Of Many Colors” at the 51st annual Academy of Country Music Awards at the MGM Grand Garden Arena on Sunday, April 3, 2016, in Las Vegas. (Photo by Matt Sayles/Invision/AP)
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Chris Pizzello
Dolly Parton presents the Lifetime Achievement Award at the 23rd annual Screen Actors Guild Awards at the Shrine Auditorium & Expo Hall on Sunday, Jan. 29, 2017, in Los Angeles. (Photo by Chris Pizzello/Invision/AP)
Chris PizzelloDolly Parton presents the Lifetime Achievement Award at the 23rd annual Screen Actors Guild Awards at the Shrine Auditorium & Expo Hall on Sunday, Jan. 29, 2017, in Los Angeles. (Photo by Chris Pizzello/Invision/AP)
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Chris Pizzello
Lily Tomlin, from left, Dolly Parton and Jane Fonda present the award for outstanding supporting actor in a limited series or a movie at the 69th Primetime Emmy Awards on Sunday, Sept. 17, 2017, at the Microsoft Theater in Los Angeles. (Photo by Chris Pizzello/Invision/AP)
Chris PizzelloLily Tomlin, from left, Dolly Parton and Jane Fonda present the award for outstanding supporting actor in a limited series or a movie at the 69th Primetime Emmy Awards on Sunday, Sept. 17, 2017, at the Microsoft Theater in Los Angeles. (Photo by Chris Pizzello/Invision/AP)
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Mark J. Terrill
Hosts Reba McEntire, from left, Carrie Underwood and Dolly Parton appear at the 53rd annual CMA Awards at Bridgestone Arena, Wednesday, Nov. 13, 2019, in Nashville, Tenn. (AP Photo/Mark J. Terrill)
Mark J. TerrillHosts Reba McEntire, from left, Carrie Underwood and Dolly Parton appear at the 53rd annual CMA Awards at Bridgestone Arena, Wednesday, Nov. 13, 2019, in Nashville, Tenn. (AP Photo/Mark J. Terrill)
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Mark J. Terrill
Dolly Parton, center, performs "God Only Knows", "There Was Jesus", and "Faith" with Joel Smallbone, left, and Luke Smallbone, right, of For King & Country at the 53rd annual CMA Awards at Bridgestone Arena, Wednesday, Nov. 13, 2019, in Nashville, Tenn. (AP Photo/Mark J. Terrill)
Mark J. TerrillDolly Parton, center, performs "God Only Knows", "There Was Jesus", and "Faith" with Joel Smallbone, left, and Luke Smallbone, right, of For King & Country at the 53rd annual CMA Awards at Bridgestone Arena, Wednesday, Nov. 13, 2019, in Nashville, Tenn. (AP Photo/Mark J. Terrill)