Lady Gaga Admits She Went Bankrupt and Had $3 Million in Debt After Monster Ball Tour

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Lady Gaga has it all. This year, the singer-turned-actress won three Grammys, two for ‘Shallow’ and one for ‘Joanne’, and on top of that, the 32-year-old singer also won the Oscar for Best Original Song and was nominated for Best Actress for her role in ‘A Star Is Born’ at the Oscars. Her award total stands at nine Grammys so far, and yet it’s hard to believe the popular singer could have been in the red.

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The singer herself found it hard to believe.

Lady Gaga, winner of the Music (Original Song) award for ‘Shallow’ from ‘A Star Is Born’ attends the 2019 Vanity Fair Oscar Party hosted by Radhika Jones at Wallis Annenberg Center for the Performing Arts on February 24, 2019 in Beverly Hills , California. (Getty Images)

The singer-actress, whose real name is Stefani Germanotta, made waves in the music industry with her 2008 debut album “The Fame.” Since then, the New York native has sold over 11 million albums.

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However, the ‘Mother Monster’, as it was called, went bankrupt after ‘The Monster Ball’.

“I actually went bankrupt after The Monster Ball’s first overtime,” she told the FinancialTimes, referring to his second world concert tour, which took place from 2009 to 2011. “And it was funny because I didn’t know! And I remember I called everyone up and said, ‘Why is everyone saying I don’t have any money? This is ridiculous, I have five No. 1 singles.’ And they said, “Well, you’ve got three million dollars in debt.”

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This did not discourage Lady Gaga who was able to get by thanks to her immense popularity. According ForbesGaga had already won $50 million in July 2018.

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

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

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