Lady Gaga is claiming that her extravagant Monster Ball world tour made her broke.
How this might be possible, you might ask? Well despite the fact that she’s a multi-million dollar recording artist, her 200-performance show was costing her more than she was making. Lady Gaga is clearly not known for being shy and boring, so the elaborate costumes, back-up dancers, and stage construction were the big bank breakers.
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,’ Gaga told the Financial Times newspaper.
That was early on in her tour though. Billboard reported in May that the Monster Ball tour was the biggest ever by a debut-headlining artist. Lady Gaga was estimated to have grossed a cool $227.4 million American. Not bad for someone who previously went broke because of that same tour.
So don’t think that a bankruptcy scare means Gaga is curbing her spending habits. Quite the contrary actually! She’s reportedly spending even more now, and recently looked into buying British royal family memorabilia to decorate her home.
According to a source close to Gaga, she sent her staff to London to spend almost $18,000 American on Princess Diana, Prince William and Kate Middleton wedding memorabilia. The source told the Daily Mirror newspaper that [Gaga] wants to set up a room in her New York apartment dedicated to London and all her precious Little Monsters over there.”
Aside from her own personal collections, the ˜Born This Way’ singer is paying it forward by looking after the parents that raised her to be who she is today.
Gaga said: “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.”
I guess she won’t be tightening up those purse strings any time soon!