How 32- year old Lady Gaga went bankrupt after her monster ball tour

[tacobell fan]

Lady Gaga added to her impressive resume this week when she secured two Oscar nominations for her work in the musical drama “A Star Is Born.” The 32-year-old will be up for Best Actress and Best Original Song at this year’s Academy Awards on February 24.

Her first Oscar nomination came in 2016 for Best Original Song in “The Hunting Ground.”

Gaga, whose real name is Stefani Germanotta, first made a splash in the music industry with her 2008 debut album “The Fame.” Since, the New York native has won six Grammys, done five concert tours and performed at the Super Bowl. And, having sold more than 11 million albums, she’s built a sizable fortune in the process.

But she hasn’t always been flush. “I actually went bankrupt after the first extension of The Monster Ball,” she told the Financial Times, referring to her second worldwide concert tour, which ran from 2009 to 2011. “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 $3 million in debt.’”

Gaga was able to get out of the red thanks to “the sheer quality and popularity” of her work, the FT reported. And today, she’s doing well for herself: In 2018, Gaga had already earned $50 million as of July, Forbes reports.

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

 

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

Gaga doesn’t mind splurging on the important things, though — and that includes her concerts, she said: “The only big things I’ve purchased are my dad’s heart valve and a Rolls-Royce for my parents, for their anniversary. ... Other than that, I put everything in the show. ”

[tacobell fan]

It's incredible to learn how celebrities like her just be like one of us and able to come back and nominate for Oscars.

[tacobell fan]

I still remember her blockbuster record selling albums from 2008 and she simply disappeared after 2011 for almost 3-4 years up until recently. It's one of the fascinating come backs.

[Peddayana]

2008 time lo matram oka oopu oopindi 

[tacobell fan]

3 minutes ago, Peddayana said:

2008 time lo matram oka oopu oopindi 

5 singles in Top Charts single year is no joke man

[hyperbole]

 any star of her calliber cannot go bankrupt in their lifetime if they live in their means(a couple million every year)

At minimum 5 million/year through royalities throughout her lifetime is a guaranteed income. She is also $300 million net worth

 

[kiladi bullodu]

23 minutes ago, tacobell fan said:

5 singles in Top Charts single year is no joke man

Our thaman all 7 years top man 

[samaja_varagamana]

32 minutes ago, tacobell fan said:

5 singles in Top Charts single year is no joke man

Yup true deepthi sunaina will make it soon 

[MagaMaharaju]

3 minutes ago, samaja_varagamana said:

Yup true deepthi sunaina will make it soon 

[Idassamed]

7 minutes ago, samaja_varagamana said:

Yup true deepthi sunaina will make it soon 

Anna em brand thaguthunnav

[samaja_varagamana]

6 minutes ago, MagaMaharaju said:

neeku jealous 

[samaja_varagamana]

2 minutes ago, Idassamed said:

Anna em brand thaguthunnav

royal sunainam

[MagaMaharaju]

Just now, samaja_varagamana said:

neeku jealous 

[Aakupaccha_caradu]

[Prince_Fan]