The Blemish

Lady Gaga Bankrupt After Spending Millions On Costumes

By , 11:55 AM on Jun 01, 2011, 4 Comments

According to the Daily Mail, went bankrupt after spending millions on costumes for her Monster’s Ball tour. Gaga went almost $3 million in debt during the 18 month 200 show tour. The surprising part was she had no idea. Because celebrities are idiots who don’t know how to manage money.

‘Other than that I put everything in the show, and I actually went bankrupt after the first extension of the Monster Ball. 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 $3m in debt.” ‘

Aw, that’s cute. She thinks five No. 1 singles means an endless supply of cash. The tour eventually brought in $226 million though which made me real sad.

Lady Gaga said the main reason she didn’t know was because money isn’t that important to her. Must be nice. *Looks at pudding cup. Weeps*

Talking to the Financial Times, she says, “The only big things I’ve purchased are my dad’s heart valve and a Rolls-Royce for my parents, for their anniversary.” ‘And that was only because my dad had a Lady Gaga license plate on our old car and it was making me crazy because he was getting followed everywhere, so I bought him a new car.’ Oh and don’t forget, she probably built an orphanage and got new legs for Timmy too.

This is the exact reason why most celebrities are bankrupt after their 15 minutes are up. All of a sudden they have more money than they know what to do with and spend it on frivolous stuff like meat dresses or a fleet of Lambos. If someone ever talked to them about sound investments and building up their portfolio, they’d cover their ears, crumple to the ground and scream in pain.

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  • Ryan

    How do you think that added in any meaningful way?  You probably thinks it makes you look intelligent, and while I admit I enjoy the standard conventions of English as much as anyone, they aren’t standard, conventions, or English.  There is know single group with authority over the English language, or any really (the French are just fooling themselves).  A language is a living thing and is only valuable if people agree on meaning.  Everyone he’re [sic], perfectly understood the meaning of the OP[sic], (See how you got that even though I didn’t say original poster, through in a hilarious apostrophe, and didn’t put the proper periods in?).  If you misunderstood the original sentiment, and literally thought it meant “Kerry” (I hope you don’t mind me addressing you in this) was stating that some unnamed entity was “going to write an article…” like a shirt can be brown, or you can be a foppish prat, then realized your mistake after careful analysis, and afterwards decided to forewarn any other poor soul by correcting it, thereby saving them from the four gut-wrenching hours studying Strunk and White you had to go throw, then I really think it’s you that needs to take a few courses on reading comprehension.  If so, I feel sorry for you, a well meaning idiot.  However; you’re most likely just a dick, and therefore I relish the thought of you going through life with the vague feeling everyone hates you, but not knowing why.

  • http://twitter.com/pH_Acidity Philip Hau

    lmao, Gaga literally doesn’t care about money. She grew up with no money and didn’t care. She has money now and doesn’t care. All she cares about is her work and putting that money back into her product. Oh btw, she’s only the most recognizable star in the world at the age of 25. I’d say she made a sound investment. What have your portfolios and investments done for you lately?

  • Jason Gengello

    What a nasty, sarcastic, and unreliable article! Articles are NOT supposed to be bias. 

  • Thompson_jos

    um… been number 1 since 08? I think you have your facts wrong there…. Shes only had 5 number 1s, compare that to katy perry or rihanna.  Katy tied the record with 5 off of 1 album, and Rihanna has the 7th most of any artist in the history of the billboard with 11. So you can shave your back now.