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Lady Gaga admits she went bankrupt and was $3 million in debt after her Monster Ball tour
MEAWW ^ | 05/05/2019 | Regina Gurung

Posted on 07/08/2019 11:20:13 AM PDT by SeekAndFind

The singer-actress whose real name is Stefani Germanotta made waves in the music industry with her 2008 debut album and went bankrupt in 2011. She was able to get out of the slump thanks to the popularity of her work

Lady Gaga has it all. This year the singer-turned-actress won three Grammys, two for 'Shallow' and one for 'Joanne,' and besides that, the 32-year-old also won an Oscar for Best Original Song, and was nominated for Best Actress for her role in 'A Star Is Born,' at the Academy Awards. Her total awards tally is up to nine Grammys till now and yet one does find it hard to believe that the popular singer could have ever been in the red.

The singer herself had a hard time believing it.

The singer-actress whose real name is Stefani Germanotta, made waves in the music industry with her 2008 debut album 'The Fame.' Ever since, the New York native has sold more than 11 million albums.

However, the 'Mother Monster' as she was called, went bankrupt after 'The Monster Ball.'

"I actually went bankrupt after the first extension of The Monster Ball," she told the Financial Times, referring to her second worldwide concert tour, which ran from 2009 to 2011. “And it was funny because I didn’t know! And I remember I called everybody and said, ‘Why is every­one saying I have no money? This is ridiculous, I have five No. 1 singles.’ And they said, ‘Well, you’re $3 million in debt."

That did not deter Lady Gaga who was able to get out of the situation because of her immense popularity. According to Forbes, Gaga had already earned $50 million in July 2018.

Telling the publication that pursuing music has never been about the money, she said: "The beauty for me about being an artist is that the dream will never die, because I’m not obsessed with material things and don’t care about the money and don’t care about the attention of the public, but only the love of my fans, so for me it’s about how much more devoted, how much better an artist can I become."

In short, she added, "It’s honestly true that money means nothing to me."


TOPICS: Music/Entertainment; Society; TV/Movies
KEYWORDS: bankruptcy; ladygaga
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Lady Gaga, winner of the Music (Original Song) award for 'Shallow' from 'A Star Is Born'
1 posted on 07/08/2019 11:20:13 AM PDT by SeekAndFind
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To: SeekAndFind

SOURCE: https://finance.yahoo.com/news/lady-gagas-net-worth-just-003612864.html

Celebrity finance tracker Celebrity Net Worth reports Gaga’s most recent net worth as $300 million.


2 posted on 07/08/2019 11:23:22 AM PDT by SeekAndFind (look at Michigan, it will)
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To: SeekAndFind

that’s a man baby


3 posted on 07/08/2019 11:24:47 AM PDT by ichabod1 (He's a vindictive SOB but he's *our* vindictive SOB.)
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To: SeekAndFind

People on the Left:

“Trump went bankrupt! He’s an idiot!”
“Lady Gaga went bankrupt! And she bounced right back! She is so awesome!!”


4 posted on 07/08/2019 11:25:12 AM PDT by ClearCase_guy (If White Privilege is real, why did Elizabeth Warren lie about being an Indian?)
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To: SeekAndFind

Lady Gaga got out of her financial jam by expanding her music repertoire. It included a very successful collaboration with one Tony Bennett.


5 posted on 07/08/2019 11:26:28 AM PDT by RayChuang88 (FairTax: America's Economic Cure)
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To: ichabod1

Lady Caca’s songs actually sound a LOT better when they they feature the la la la dog. :P https://www.youtube.com/watch?v=40-ifPdOAOQ


6 posted on 07/08/2019 11:26:43 AM PDT by Kriggerel ("All great truths are hard and bitter, but lies... are sweeter than wild honey" (Ragnar Redbeard))
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To: ClearCase_guy

She should write a book. She could title it “The Art of the Comeback”. :)


7 posted on 07/08/2019 11:27:13 AM PDT by cuban leaf
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To: RayChuang88

That duo album is simply wonderful.


8 posted on 07/08/2019 11:29:49 AM PDT by RedStateRocker (We had entirely enough government in 1789.)
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To: SeekAndFind
Pacoima

Sheboygan

9 posted on 07/08/2019 11:31:31 AM PDT by ifinnegan (Democrats kill babies and harvest their organs to sell)
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To: SeekAndFind

Her “persona” is that of a mindless singer. In reality, everything I’ve read about her off stage life indicates she is a decent person.


10 posted on 07/08/2019 11:35:53 AM PDT by Vermont Lt (If we get Medicare for all, will we have to show IDs for service?)
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To: cuban leaf

Capital idea!


11 posted on 07/08/2019 11:42:13 AM PDT by karnage
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To: SeekAndFind

It takes work and talent to make that much, then go bankrupt.


12 posted on 07/08/2019 11:44:02 AM PDT by Drango (A liberal's compassion is limited only by the size of someone else's wallet.)
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To: Vermont Lt

I’ve heard similar. She is certainly talented.


13 posted on 07/08/2019 11:44:04 AM PDT by cuban leaf
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To: SeekAndFind

Is that Lady Gaga’s impression of Democrat Peter Buttgiggle?


14 posted on 07/08/2019 11:48:43 AM PDT by Kickass Conservative (Socialism is a gateway Ideology.)
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To: Kickass Conservative
Is that Lady Gaga’s impression of Democrat Peter Buttgiggle?

I don't think so. It looks like she's kissing Oscar's FACE.

15 posted on 07/08/2019 11:53:11 AM PDT by libertylover (Democrats hated Lincoln too.)
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To: SeekAndFind

Lady Gaga, tool for the Left.

16 posted on 07/08/2019 11:55:48 AM PDT by simpson96
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To: SeekAndFind

That’s nothing. Billy Joel had $90 million stolen from him by his brother-in-law manager. And that’s in 1989 dollars!


17 posted on 07/08/2019 11:58:05 AM PDT by PGR88
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To: simpson96

Lady Gaga seems like the tallest person in that photo. I thought she was about 5 feet tall?


18 posted on 07/08/2019 11:58:06 AM PDT by ClearCase_guy (If White Privilege is real, why did Elizabeth Warren lie about being an Indian?)
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To: Kriggerel

she staged a protest outside Trump Tower.

19 posted on 07/08/2019 11:58:47 AM PDT by simpson96
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To: Vermont Lt

“Her “persona” is that of a mindless singer. In reality, everything I’ve read about her off stage life indicates she is a decent person.”

What do you think about her fake cannabalism and other occultic crap?


20 posted on 07/08/2019 11:59:16 AM PDT by ifinnegan (Democrats kill babies and harvest their organs to sell)
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