13-time Grammy winner Lady Gaga went bankrupt and was $3 million in debt after her Monster Ball tour
Lady Gaga has received several prizes, including three Grammys in 2019 for her performance in the musical drama "A Star Is Born." At the 2019 Academy Awards, the 36-year-old singer and actress, whose true name is Stefani Germanotta, also won an Oscar for Best Original Song and was nominated for Best Actress.
Gaga originally created a name for herself in the music business with her first album “The Fame,” released in 2008. Since then, the New York native has won 13 Grammy Awards, played on seven concert tours, and appeared at the Super Bowl. And, through selling millions of CDs, she’s amassed a large fortune.
The FT said that Gaga was able to get out of debt due to “the sheer quality and popularity” of her work. And she’s doing well for herself now: According to Forbes, Gaga has already made $50 million in 2018.
However, as she explained to the Financial Times, pursuing a career as a pop star has never been about the money: “The beauty for me about being an artist is that the dream will never die, because I’m not obsessed with material things and don’t care about the money and don’t care about the public’s attention, but only the love of my fans, so for me it’s about how much more devoted, how much better an artist can I become.”
“It’s honestly true that money matters nothing to me,” she remarked.
Gaga, on the other hand, doesn’t mind spending on the essential things, like her concerts: “The only large items I’ve bought are my dad’s heart valve and a Rolls-Royce for my parents’ anniversary.” Aside from that, I put everything into the performance.”