The Monster Ball tour left Lady Gaga 'bankrupt'

Lady Gaga in another garish outfit
Emine Sinmaz11 April 2012
The Weekender

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Lady Gaga claims she was left "bankrupt" after her eccentric and costly Monster Ball world tour.

Despite the hitmaker grossing an estimated $125 million from her huge 200-performance show, at one point the outlandish production had cost her so much to stage - due to its elaborate costumes and backing dancers - she had spent more money than had been earned.

In an interview with Stephen Fry in the Financial Times newspaper, she said: "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 hasn't curbed her spending since her tour, however, and reportedly recently sent minders to London to buy memorabilia of the British royal family to decorate her home with and remind her of her fans in England.

A source told the Daily Mirror: "Gaga has sent her staff to London to spend £10,000 on Princess Diana and Prince William and Kate Middleton wedding memorabilia. She wants to set up a room in her New York apartment dedicated to London and all her precious Little Monsters over there."

In addition to her extravagances, the 'Judas' singer has also been looking after her parents with her riches.

She 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 licence plate on our old car and it was making me crazy because he was getting followed everywhere, so I bought him a new car."

"It's honestly true that money means nothing to me," Gaga told Fry.

The 25-year old has recently been working hard to promote her new album Born This Way, which rocketed to the top of the UK charts on Sunday, knocking Adele off the top spot and selling more copies than the rest of the Top 10 put together.

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