According to Hitc.com, Lady Gaga reportedly went bankrupt after spending $3 million dollars on her Monster Ball tour and outfits for the tour. She wanted to provide a multimedia artistic experience for her fans who she refers to as baby monsters. Despite the massive amount of revenue from the tour she still managed to go bankrupt through overspending on outfits. She was quoted in saying, “And I remember I called everybody and said, ‘Why is everyone saying I have no money? This is ridiculous, I have five No.1 singles‘.” “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!” Clearly the star had went a little crazy on her spending habits, as now Lady Gaga has a deal with LiveNation in order to get her bank account back in good standing.
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