Lady Gaga’s Costumes Caused Her to Go Bankrupt
The pop star admits that her over-the-top ensembles put her in debt after her Monster Ball Tour.
Pop super-star Lady Gaga is as notorious for her crazy costumes (including a dress and hairpiece made of raw meat and a her 2011 Grammy latex ensemble, complete with prosthetic shoulder and cheekbones) as she is for her multiple No. 1 singles. However, her wardrobe has been so over-the-top that she went bankrupt after her 2009 Monster Ball Tour.
The tour (comprised of 200 shows over an 18-month-period) ended in April 2011 and grossed nearly $200 million. The show’s revenue was clearly not ample enough to cover the cost of Gaga’s elaborate costumes.
The singer confessed to the Financial Times, saying “I remember I called everybody and said, ‘Why is everyone saying I have no money? This is ridiculous, I have five No. 1 singles.’” Their reply? “Well, you’re $3 million in debt.”