Fashion

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.
Lady Gaga’s Costumes Caused Her to Go Bankrupt
Lady Gaga’s Costumes Caused Her to Go Bankrupt
Mariano Vivanco

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.”