We all know Lady Gaga as the eccentric pop star with a thing for crazy costumes (as well as having a host of hit songs and albums).
What most of us don't know, though, is that at one point during her Monster Ball tour she went bankrupt.
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During an interview with British comic Stephen Fry for the Financial Times, pop phenomenon Lady Gaga detailed how she actually "went bankrupt" during her Monster Ball tour due to the cost of her elaborate costumes and constantly updated sets.
"I put everything in the show and I actually went bankrupt after the first extension of the [tour]," she said.
"And it was funny because I didn't know! I had five No 1 singles, the Monster Ball's doing great, and they said, 'Well, you're $3 million in debt'."
The New York-born pop star began her tour in 2009 to promote her first album, "The Fame Monster," with the tour finally wrapping in Mexico this month, after 200 shows to more than 2.5 million people.
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According to Billboard's May 2011 report, Lady Gaga's tour was the biggest ever by a debut headlining artist, grossing an estimated $227 million.
The 'Born This Way' singer also told Fry that the only big ticket items she bought were "my dad's heart valve and a Rolls-Royce for my parents, for their anniversary."
Watch Lady Gaga's latest video, 'Judas'
54 Comments
if the idea of spending money to the point of temporarily becoming bankrupt is necessarily a bad thing then how about we all stop spending and see what happens to the economy then you ungrateful louts. Lady GAGA is more devoted to her art and putting the money she makes from the buying fans back into their experience of her shows rather than lip-syncing, hoarding and keeping money as dead capital- which would you prefer?
ReplyShe was so poor she couldn't afford her HRT pills.
ReplySeriously, WHO CARES.
ReplyI'd be checking her finance people , if she can find them , they've probably flown the coup by now.
Reply@Roland Are you serious? Before you comment on another person's intelligence, please make sure you can spell, and use correct grammar. Why don't you go plank somewhere.
Replyshe should clean her b@tt with her p@nis heels ha ha ha
ReplyGot lucky to famouse, but not for her brains :)
Replyone thing we can learn from this yahoo article...and this goes for cheekyoziechick comment...Gaga is just teaching kids , teenegers how to be irresponsible...just spend spend money then banrupt...thats is just what kids dont need to learn ..
Replyif he/she cant make money out of 3.5 million ticket sales then its dumber than it looks
Replywhen she went bankrupt people that had businesses, wifes to support, children to feed, mortgages to pay lost big time. see it in this light and she is not so fantastic.
Reply