Lady Gaga Was Bankrupted by Tour

Lady Gaga Was Bankrupted by Tour

The Monster Ball put Gaga $3 million in the red.

Published June 1, 2011

Looks like Lady Gaga’s last tour was a monster in more ways than one. Though the world tour was tremendously successful—the 200-stop show grossed $125 million—between the lavish costumes and elaborate staging, she ended the stint $3 million in debt.

But Gaga says it’s no matter to her: “It’s honestly true that money means nothing to me. 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,” she told Financial Times. “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 number one singles – and they said, ‘Well, you’re $3 million in debt.’” She later recouped her money on additional shows and the HBO concert broadcast.

(Photo: Larry Busacca/Getty Images For The Recording Academy)

Written by Kenrya Rankin


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