Lady Gaga had no idea she was bankrupt and £2.3 million in debt after her Monster Ball tour.
Lady Gaga, whose full name is Stefani Joanne Angelina Germanotta, is well-known for her musical variety, with hits like “Bad Romance,” “Poker Face,” and “Applause.”
It is believed that the ‘Shallow’ singer has sold 170 million albums throughout her career.
Lady Gaga’s net worth is estimated to be more than $320 million by Celebrity Net Worth.
Despite this, the 37-year-old has not always been the wealthiest star.
The A Star Is Born actress admitted that she ran out of money during her Monster Ball tour.
Despite consistently selling out stadiums, the pop singer was amassing staggering amounts of debt.
Lady Gaga admits in an interview with The Financial Times, “I actually went bankrupt after the first extension of The Monster Ball.”
“And it was funny because I didn’t know!”
The ‘Born This Way’ singer claims she discovered out later from her staff.
“I remember calling everyone and asking, ‘Why is everyone saying I don’t have any money?'” “This is ridiculous, I have five number one singles,” she remembers.
“And they said, ‘Well, you’re $3 million in debt.”
Lady Gaga goes on to claim that she would still pursue a career in music even if she was broke.
She says she’s “not obsessed with material things” and “doesn’t care about money.”
Lady Gaga’s fortunes allegedly improved when her tour was held in larger venues.
She tells the FT that she was able to pay off her debts due to the’sheer excellence and popularity’ of her songs.
According to Capital FM, the tour earned an estimated £138 million and was viewed by 2.5 million people worldwide.
Lady Gaga has amassed an enormous wealth not just via her music, but also through her acting career.
According to Forbes, the ‘Telephone’ singer earned between $5 and $10 million for her role in A Star Is Born.
She also appeared in 12 episodes of American Horror Story: Hotel as The Countess, for which she received a Golden Globe nomination.
Lady Gaga allegedly received between $50,000 and $150,000 every episode. If the actress had been paid $150,000 every episode, she would have earned $1.8 million for the season.
She’s also collaborated with Oreos, making ‘Chromatic’ themed cookies, which were supposedly incredibly popular.
“It’s been incredible and exceeded our wildest expectations,” Oreo’s senior director Justin Parnell told Variety.