![](https://royalounge.com/wp-content/uploads/2020/04/04-03-Gaga-1-1000x600.jpg)
How Lady Gaga Bounced Back from Being Practically Bankrupt At The Height Of Her Career
![](https://royalounge.com/wp-content/uploads/2020/04/04-03-Gaga-1-1000x600.jpg)
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
![](http://afternoonedition.com/wp-content/uploads/2021/04/GRQWGOBQGIYTGMRUGA4DAYZSGM.jpeg)
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
![](http://afternoonedition.com/wp-content/uploads/2021/04/https___static.hbvl_.be_Assets_Images_Upload_2020_12_31_4e649b96-4b65-11eb-9538-bb31dd8efde2.jpg)
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
![](http://afternoonedition.com/wp-content/uploads/2021/04/Lady-Gaga-1.jpeg)
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
-
`
The Mesmerizing Transformation of Halsey: A Musical Icon Turned Makeup Maven
In the dynamic world of beauty and self-expression, Grammy nominee and former 30 Under 30 awardee, Halsey, has taken a remarkable...
April 18, 2024 -
`
The 10 Most Promising Investments in 2024
In the unpredictable world of investments, lat year surprised us with the stock market thriving against all odds. Despite looming recession...
April 18, 2024 -
`
Study Shows Employees Value Work-Life Balance Over Pay
Gone are the days of chasing the almighty dollar without a second thought. Randstad, the world’s leading employment agency, conducted a...
April 17, 2024 -
`
How to Get a Startup Business Loan with No Money: Your Step-by-Step Guide
Securing funding for your entrepreneurial dreams can feel like climbing Mount Everest without oxygen. It’s challenging, but there are paths to...
April 16, 2024 -
`
How Much is Ryan Reynolds Net Worth?
Ryan Reynolds, the quick-witted Canadian actor with a million-dollar smile, has carved a unique path to Hollywood stardom. But his journey...
April 11, 2024 -
`
Why Italy Is the Perfect Solo Adventure Spot
Embark on a soul-stirring solo adventure through the captivating landscapes and rich tapestry of Italy, where every cobblestone street whispers tales...
April 10, 2024 -
`
What is Provisional Credit and How Does It Work?
Have you ever checked your bank statement and noticed the term “provisional credit.” This term frequently appears during disputes or chargebacks....
April 9, 2024 -
`
Elon Musk’s OpenAI Lawsuit | Are OpenAI’s Financial Motives Overshadowing Its Mission Statement?
A recent legal battle has rocked the world of artificial intelligence (AI). It pitted Elon Musk against OpenAI, the research company...
April 8, 2024 -
`
Cultivating Prosperity: Lunar New Year Traditions for Financial Abundance
As we usher in the Lunar New Year, the traditions that accompany this vibrant celebration are not just a cultural spectacle...
February 10, 2024
You must be logged in to post a comment Login