Monday, May 30, 2011

Lady Gaga's "went bankrupt" Due to Tour

Pop sensation, Lady Gaga, launched her world tour, Monster Ball, in 2009 and she has been currently touring for that past two years now. Since Lady Gaga is known for her extravagant and outlandish antics, her tour was no different. Her lavish stage sets, costumes, and production cost left her bankrupt, well if you count $3 million as bankrupt for Gaga. She could easily earn that back with a simple single release.

In an interview with Stephen Fry for Britain's Financial Times, Gaga says, "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.'"

The Monster Ball Tour grossed a total of $224.4 million to date, so I doubt she has too much to worry about.

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