How Lady Gaga Bounced Back from Being Practically Bankrupt At The Height Of Her Career
Lady Gaga is one of her generation’s most commercially and critically acclaimed musicians. So, her confession of financial troubles comes as a surprise to many people. The star debuted to instant success in 2008 with the hit album ‘The Fame’ and hasn’t stopped working since.
Cash-Draining Tour
Gay Times | ‘The Monster Ball Tour’ went on for almost two years with 10 legs and a total of 203 shows
Once upon a time though, the singer made a mistake that ended up costing her a lot. In an interview, she shared about being informed that she didn’t have any money and was actually $3 million in debt. She was incredulous at the time resting on the fact that she has just scored five number-one singles. This achievement didn’t matter though as the elaborate performance she was doing for her ‘The Monster Ball Tour’ was bankrupting her.
Fortunately, the ‘Paparazzi’ singer managed to turn things around after the tour. It’s all reportedly thanks to a well-struck deal with Live Nation, which entailed her embarking on another series of stadium shows. An HBO special also helped her get out of the red fast.
Not About the Money
Goalcast | Gaga’s first Oscar was for the song ‘Shallow’, which was written for the film ‘A Star Is Born’
Despite finding her footing financially once again, Lady Gaga insists that she doesn’t do things just for the money. As an artist, she says that it’s only the love of her fans that she cares about. In fact, she’s not even much for material things having only splurged on her father’s open-heart surgery and buying a black Rolls-Royce she gave to her parents on their anniversary.
Further proof of the dedication she has for her work is the many accolades she’s received over the years. She won three Grammy awards in 2019 alone and even scored an Oscar win for Best Original Song.
The Show Continues
Los Andes | The release of Gaga’s new album has been postponed due to the coronavirus pandemic
Almost a decade after going bankrupt, the star seems to have learned her lesson. Although she continues to perform outstanding shows, Lady Gaga has managed to build a fortune of $320 million. And she’s only bound to grow her wealth even more as she announces an extension of her lucrative Las Vegas residencies until the spring of 2020.
Each performance reportedly earned the musician $725,000 a night. Not to mention, she’s gearing to release her new album ‘Chromatica’ soon. The upcoming album’s lead single ‘Stupid Love’ has already been released and debuted at the top fifth spot on the Billboard 200 chart.
More in Entertainment
-
`
Demi Moore and Bruce Willis Are Social Distancing Together with Kids — Is It a Bad Idea to Spend Time with an Ex?The current Covid-19 pandemic has brought so much sadness to our communities with a harrowing number of infected as scientists have yet to find a cure. However,...
February 23, 2021 -
`
Is Olivia Jade Staging a Comeback amid Mom Lori Loughlin’s Sentencing for Bribery Scandal?Celebrity kids often deal with unwanted scrutiny from the public because of their famous parents. Olivia Jade, a social media influencer...
February 14, 2021 -
`
Meet Emma Grede, Khloe Kardashian’s Business Partner and Woman Behind This Amazing BrandThe Kardashians are great businesswomen, no doubt. Over the years, they’ve built themselves an empire of companies that seem to be...
February 5, 2021 -
`
India’s Billionaires are Thriving Despite the Pandemic but One Group is Outpacing the OtherAccording to Wealth-X, the combined wealth of the world’s billionaires is increasing year after year. Like their American counterparts, India’s billionaires...
January 4, 2021 -
`
These Celebrities Made, Lost and Earned Their Fortunes Back Again in these Amazing Redemption ArcsCelebrities often appear to live a charmed life on the outside. They get to wear designer clothes to attend the most...
December 31, 2020 -
`
Stand Out from the Competition and Highlight this Important Skill Set in Your ResumeMore than technical skills, your resume should also highlight your transferable skills. Also known as soft skills, this set of skills...
December 27, 2020 -
`
Oprah Winfrey Once Received a Shockingly Low Salary for a Steven Spielberg FilmOprah Winfrey is a highly successful talk show host. But apart from this, many do not know that she is also...
October 20, 2020 -
`
Tiger King Joe Exotic Won’t Let Prison Stop Him From Getting Justice… and Millions off DollarsAs Americans were gearing up to spend more of their time inside their homes due to the coronavirus pandemic, Netflix released...
April 18, 2020 -
`
YouTuber Emma Chamberlain Can Already Afford This Multimillion Purchase and She’s Only 18Internet celebrities like YouTube stars and social media influencers are sometimes looked down upon. For some, this segment of entertainers and...
April 18, 2020
More From AfternoonEdition
-
Signing Up For An Online Course? Here Are Some Strategies That’ll Help You Make The Most Out Of ItEver since the pandemic hit, many people decided to switch their well-paid full-time jobs to small businesses and start-ups. While some...
CareerNovember 25, 2021 -
Reach New Heights in Your Business With These 3 Proven StrategiesYou start a business today; wake up the next day, and find your brand’s name on the cover of a leading...
BusinessNovember 10, 2021 -
Don’t Have a College Degree? You Can Still Land these Well-Paying JobsGoing to college is a path that’s highly encouraged for young people to take. With the rising costs of university tuition,...
CareerNovember 5, 2021 -
Are You An Attention Seeker or People Pleaser at Work?Everyone wants to be liked – it’s a classic human trait. Yes, this includes even that one colleague who seems too perfect...
CareerOctober 21, 2021 -
A Woman Built the Most Unconventional Home for Retirement — These Photos Will Make Your Jaw DropFor working millennials, living in a tiny house may seem a more viable and affordable shelter option considering the skyrocketing home...
BusinessOctober 17, 2021
You must be logged in to post a comment Login