The K Foundation Burned a Million Pounds

The KLF is a band that you might be familiar with if you enjoy British electronic music from the 1980s. Over the years, they have gone by a number of names, including K Foundation and the TimeLords. However, the day they set £1 million on fire may be their biggest claim to fame.


The movie, Watch the K Foundation Burn a Million Quid, was released on August 23, 1995, the day after the burning, and it went on a UK tour during which Drummond and Cauty engaged spectators in discussions about the burning and its significance. Drummond decided to covertly discuss the burning in 2000 and 2004 after the pair agreed to dissolve the K Foundation and forego public discussion of it for a period of 23 years in November 1995. At first, he showed no remorse, but in 2004, he acknowledged that he had regretted burning the money. On August 23, 2017, 23 years after the burning, Cauty and Drummond organized a debate at their "Welcome to the Dark Ages" event asking, "Why Did the K Foundation Burn a Million Quid?" This debate marked the end of the self-imposed moratorium.


The pair is renowned for going to extremes, such as throwing a dead sheep away during a show's afterparty. They captured themselves on camera in 1994 burning the cash in a secluded Scottish cabin. Then why? Nothing at all. They saw it as merely a component of the art. It could seem insane to the rest of us, or exceptional. Make your own judgment.


  • Cost: £1 million
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