Lady Gaga Was Basically Bankrupt in 2009
“I had three million dollars in the bank to my name and I threw it all in to make my stage,” said Gaga, explaining that she blew most of her money in making her 2009 Monster Ball tour.
“I remember I went home and I was with my dad and he said, ‘I don’t understand. ‘Bad Romance’ is out. You are all over the radio. Everyone is talking about you and you don’t have a pot to piss in,'” she recalled.
“I said, ‘Just let me do this,'” she continued, adding that Live Nation Entertainment CEO Fogel basically saved her skin by managing her $227 million tour. “‘Let me just put it on the stage because I think if I can do this I can get Arthur Fogel’s attention.’ And I did.”