“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'," the Financial Times quoted the singer as saying.
However, the “Poker Face" singer reportedly kept spending in spite of going bankrupt. “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," Daily Mirror quoted a source as saying.
Lady Gaga had confessed that she looks after her parent. “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," she added.
Lady Gaga earned around $125 million from her Monster Ball world tour but she claimed that she went bankrupt during the tour. She claimed that she spent more than she earned from her 200-performance shows because of the cost of staging them, that include costumes and dancers.