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Lady Gaga Bankrupt After Spending Millions On Costumes

According to the Daily Mail, Lady Gaga 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
Ryan
8 years ago

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… Read more »

Guest
Guest
7 years ago
Reply to  Ryan

“There is know single group”

*no

“through in a hilarious apostrophe, and didn’t put the proper periods in?”

*threw

Philip Hau
8 years ago

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
Jason Gengello
8 years ago

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

Guest
Guest
7 years ago
Reply to  Jason Gengello

Says a “Lady Gaga” fan ?

Thompson_jos
Thompson_jos
8 years ago

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.

Mike Melino
9 years ago

This was a horrible article.

Maybe you should start making your own concerts, trying to replicate gaga, and see how much money you end up with.

lawl

The Blemish
9 years ago
Reply to  Mike Melino

Done and done

nofagmo'
nofagmo'
9 years ago
Reply to  Mike Melino

Stop reading them if you don’t like them, faggo

Afjoyce15
Afjoyce15
9 years ago

You incorporated your opinion way to much in this article. Honestly if you are so smart get some money and let’s see how you spend it. How other people spend their money is their business.

JB
JB
9 years ago
Reply to  Afjoyce15

I brought a meat dress……………..

Kerry
Kerry
9 years ago

If your going to write an article about something, at least act professional about it. Idiots.

Gloroiois
Gloroiois
9 years ago
Reply to  Kerry

you’re*

Ben
Ben
9 years ago

Haha funniest article ever

T Campbell2012
T Campbell2012
9 years ago

In 2010 alone she reportedly made 99 million dollars. I think a 3 million dollar debt isnt that big of a deal when you make $99 million dollars. And a rolls Royce only costs around $450,000 on average. So that’s not a big expense when you earn $99 million dollars. And a heart valve is not frivolous. How audacious of you to label something crucial to one’s health as, “frivolous.” have an open mind. This is a sorry excuse of an article. It’s based on opinion and a few facts.

The Blemish
9 years ago
Reply to  T Campbell2012

Reading comprehension…

T Campbell2012
T Campbell2012
9 years ago
Reply to  T Campbell2012

What do you mean reading comprehension?!

T Campbell2012@gmail.com
9 years ago

And what do you mean, “faggo?”

Emily
Emily
9 years ago

Whoever wrote this should stop being so one sided. She doesn’t care about the money, and she will be around forever, her fifteen minutes have just started. 

Ginsur
Ginsur
9 years ago

what a loser article.  

Kyndel13guinn
Kyndel13guinn
9 years ago

Ughg ok tht wa the worst artical ive ever reead im 15 and even i know this is wrong sorry but gaga deserves better articals written about her there ia nothin negative about her

Dgbd
Dgbd
9 years ago
Reply to  Kyndel13guinn

omg those spellings

FrankJoe
FrankJoe
9 years ago

Author, STFU….

Alexmacdougall93
Alexmacdougall93
9 years ago

This is terrible; I don’t even like lady gaga but this is really bad; I know you think your being hard-hitting and witty; but your not, you sound like a teenager.

GagaWorldwide
9 years ago

this is probably the worst hater article ive read, “her 15 minutes are up”? 226 million in revenue? been number 1 since 2008, 3 best selling albums? One of the highest worldwide tour gross of all time? oh booboo you have to stop basing your articles on opinion and something you read from a random site.

fuck yo' bitch mo'
fuck yo' bitch mo'
9 years ago

Who knew you’d be sooo popular???  Somebody’s reading…AHAHAHAHA!!!

Kenangkukung@gmail.com
9 years ago

f**k lady gaga gaga my ass. in my language gaga means shitting. so I think you a s**t. you satanic piece of s**t. you evil and I don’t want my kid to even her about you evil ass. satan satan satan satan satan sataaaaaaaaaaaaaaaaannnn…..evil bustard  you full of demon s**t. you demon.I really dont care what you other motherfuckers say about it but lady gaga you are s**t you are evil and you know it.I hate you and your crew from jay z, beyomce, kanye west, ciara, rihannah and every one of you fucken crew. f**k all evil s**t. I… Read more »

T Campbell2012
T Campbell2012
9 years ago

Whoever you are. You are truly disgusting, and obviously illiterate. What a shame.

Lightofluna115
Lightofluna115
9 years ago

Wow really?? Cuz the only one here that sounds evil right now is you! I bet you if everyone of those stars saw what you just wrote they wouldn’t even be able to think as evil as you just did. What do you think Jesus would say about or to you if he read this comment?? You should think about that.

Tsondloren
Tsondloren
9 years ago

You are the most tragical person in the whole world!!! You have to visit a doctor, freak!

Guest
Guest
7 years ago

Less dull videogames, mate.

Thiswontendwell
Thiswontendwell
9 years ago

She was Forbes top earner . With one number one hit you can bank on hefty residuals, downloads, compilations, soundtracks LADY GAGA has done this in spades 7 # 1 songs only 25 incredible success. 2 albums in the top 100 over 100
Weeks ???? She could not spend the money she has in 10 lifetimes

mensa
mensa
9 years ago

Lmao. So, so many Gaga fanboys here.

The article is fine as is. It was certainly much more articulate than 99% of its respondents. 

Lady Gaga’s money mismanagement doesn’t surprise me in the least, it is very easy to blow through large amounts of money when you are a celebrity if you don’t have a proper money manager.

T Campbell2012
T Campbell2012
9 years ago
Reply to  mensa

Unfortunately sir. You are incorrect. To earn a wealth so bountiful as hers is a blessing. She is an international celebrity. It would be ludacris to not have a money manager. She is not ludacris, because she has one. Her label requires one. Read into it more closely.

...
...
9 years ago
Reply to  mensa

Haha, she’s not “ludacris” because Ludacris is. She is at times, however, LUDICROUS. I weep at the effects of today’s pop culture on our society.

Kickservebt
Kickservebt
9 years ago

Since when does revenue = net income??   Revenue is before all expenditures…

Yecatsr
Yecatsr
9 years ago
Reply to  Kickservebt

Exactly. Why are people missing this? She is admitting she went bankrupt. I don’t care how much money she brought in, if her expenses were more than her earnings. what a dummy.

CM
CM
9 years ago

Was this article written by a jealous 13-year-old girl?

Guest
Guest
7 years ago
Reply to  CM

No, the comments in the comments section.

guest
guest
9 years ago

whoever wrote this is an imbecile 

Lightofluna115
Lightofluna115
9 years ago

Way to be a complete ass! I love it when people talk about others they don’t know anything about cuz it shows people their true colors no one who has any brain cells at all is going to read this sorry ass article and change their views on lady gaga and whoever wrote this article should be ashamed and should never write another article again.

Guest
Guest
9 years ago

I’m just hoping you have a side-job, because if journalism is your main focus, you should just quit now. (1) WAY too bias, you’re supposed to be able to demonstrate BOTH sides of the story, and you obviously only give your side (2) No even educated on the subject you’re speaking about. I’d go on but I’m hoping you get the idea of what I’m saying.

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