How Lady Gaga Lost All Her Money (& Didn't Even Realize It)

The debate on Lady Gaga’s best album can start an entire war, but many fans will always go back to the start. “The Fame” kickstarted the musician’s career and had some of her biggest hits to date like “Just Dance” and “Poker Face.” Because of how big the album was, Gaga knew she wanted to bring her all for her first headline tour, “The Monster Ball Tour.” But, the musician’s ambitions may have been a little too pricey.

According to the Financial Times, Gaga constantly readjusted different aspects of the tour, and over time the expenses continued to grow. While making these modifications, Gaga was paying for everything out of pocket. Because she wanted her vision to come across perfectly, she wasn’t keeping track of how much she had spent. She said, “I actually went bankrupt after the first extension of The Monster Ball. And it was funny because I didn’t know!” When news outlets began reporting that Gaga was running out of money, it was as much of a shock to Gaga as it was to the rest of the world. The musician shared, “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.'” Luckily for Gaga, she was anything but a one-hit wonder, and her music releases, films, and her business helped her to recover from the loss.

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