Lady Gaga is an American singer, who became famous in 2008 when she released the songs “Just Dance” and “Poker Face”. She is one of the most controversial appearances on the international music scene.
What is Lady Gaga’s net worth?
Lady Gaga has a net worth of $320 million. Much of her net worth has accrued from her highly successful career as a performer, earning a total of $692,385,412 through all of her tours as well as achieving impressive record sales.
Her first studio album “The Fame”, combined with her EP “The Fame Monster”, sold approximately 15,000,000 copies worldwide.
She also has several other revenue streams, including branded deals, a Netflix deal, YouTube, and streaming revenue, as well as the fragrance line she launched at some point in the past. She earned $30 to $40 million from her different endeavors in the last few years.
However, Gaga has also managed to build a successful acting career alongside her music. In 2015, she appeared in “American Horror Story”, landing her first major full-time role.
Since landing her first role, she has gone on to star in “A Star Is Born” and “House Of Gucci”. She also starred in “Machete Kills” in 2013. For her high-profile roles in “House Of Gucci” and “A Star Is Born”, it is likely that she was paid considerably higher amounts compared to her previous roles.
The reason why Lady Gaga went bankrupt
However, despite earning millions of dollars, the star still managed to go bankrupt in 2010. In an interview with the Financial Times, Gaga revealed how her “Monsterball” tour, which spanned between 2009-2011, left her broke.
Apparently, Gaga wanted to give her fans such a good show that she ended up investing way too much money into the tour and her spectacular outfits, on which she spent close to $2.5 million.
She soon realized she was $3 million in debt, sending her team into a frenzy of panic. No one had realized what was happening until that moment.
Despite going bankrupt, she was able to earn the money back in the end by adding a few extra shows. Moreover, the fact that many of these additional shows were hosted in stadiums helped bring in more income for the singer than she would have made if the show had been in an arena.
On average, stadiums tend to seat around 70,000 to 80,000 people, compared to an arena, which can seat around 40,000.
Bankruptcy would send most people into a wild frenzy. However, it looks like Gaga has been able to take it slow and bounce back. Although she eventually won the money back, she revealed in later interviews that “making money is not her priority” and that she cares more about the experience fans get from coming to her show.
She went on to tell the Financial Times in the same interview: “I’m not obsessed with material things and I don’t care about money and I don’t care about public attention, just the love of my fans, so for me, it’s about how I can become a good artist”.
Although Gaga doesn’t seem to care about material things, she has lavished her family with some grand gifts, including a Rolls Royce for her father.
Lady Gaga earned more than $80 million from album sales, endorsements, tours, and others, in 2012 alone. She earns around $40 million in a typical year. For instance, she made almost $40 million between June 2018 and June 2019. The next year, between June 2019 and June 2020, she earned $38 million.
Also, Lady Gaga made $95 million from 842,000 tickets sold for the Joanne World Tour even though she had to cancel the last 10 shows.
Childhood and teenage years
Stefani Joanne Angelina Germanotta, known as Lady Gaga, was born on March 28, 1986, in Manhattan, New York. She was born into an upper-middle-class family of Cynthia Louise, a philanthropist, and Joseph Germanotta, an Internet entrepreneur. She has a younger sister named Natalia.
At the age of four, Lady Gaga started learning to play the piano and was encouraged by her parents to take up music. She often described herself as a very dedicated, studious, and disciplined student during high school. As a teenager, she sang in various nightclubs and bars.
Her career began in 2005 when she recorded two songs with hip-hop singer Melle Mel for an audiobook novel for children. In 2008, Lady Gaga completed her debut album “The Fame”, and the album became number one in countries such as Ireland and Canada, and reached the top five in the United States.
In November 2009, she released her second album, “The Fame Monster”, and her debut single, “Bad Romance”, instantly became number 1 in most countries around the world. The songs “Telephone” (featuring Beyonce) and “Alejandro” are extremely popular as well.
During her time in the industry, Lady Gaga changed the definition of pop, and the impact she has had on her fans is absolutely spectacular.
In March 2018, she played a struggling singer, Ally, in the film “A Star is Born”. Film critics praised her performance in this film. Apart from those mentioned here, Lady Gaga sang many singles that were successful all over the world and broke various music records.
The big question: How did she choose her name?
The word gaga means “excessively and foolishly enthusiastic”. This we could say, not only about her but about the singer’s fans as well. However, this is not where the choice of her stage name came from. Obviously, everything was much simpler and more personal. The artist is said to have chosen her name after Queen’s famous song “Radio Ga Ga”, released two years before she was born in 1986. In fact, Gaga has stated numerous times that Freddie Mercury was one of her idols.
Influenced by the music of great artists such as David Bowie, Michael Jackson, and Madonna, Gaga managed to create her own style very quickly. In fact, the artist claims that she always wanted to revolutionize pop music, as Madonna did. And she seems to have succeeded since she was named by Rolling Stone in 2011 the “Queen of Pop”.
Lady Gaga’s love life has always grabbed the spotlight. In her early days, Lady Gaga met Luc Carl, the owner of a bar. The couple dated for six years, but things finally came to an end. In 2008, she met the famous designer Matthew Williams and broke up with him in 2010.
In 2011, she met Taylor Kinney and they were officially engaged for four years before breaking up. Lady Gaga then met her new talent agent, Christian Carino, and they got engaged in 2017. This engagement didn’t last long and they broke up in 2019. In January 2020, Lady Gaga officially introduced her new boyfriend, Michael Polansky, who is an entrepreneur.
Lady Gaga’s life today would not have been possible without the support of one of the most important and special communities. The artist has long declared that she is bi and more than that, she attributes her success today to the support she has received from the LGBTQ community. As a youngster, she found it very difficult to be accepted on the radio, when FlyLife, an LGBT marketing company in Manhattan, came to her rescue. People appreciated her creativity and originality. In fact, one of the first appearances on television was at the NewNowNext Awards, a show for the LGBT community. And since then, she has been a supporter of equal opportunities and rights for everyone.
In 2014 Lady Gaga bought the house she lives in, which is located in Malibu, for $22.5 million.
In 2016 she purchased Frank Zappa’s former home in Los Angeles. He bought the house in the 1970s for $74,000. Though, Gaga sold this house to Mick Jagger’s daughter Lizzy Jagger for $6.5 million in 2021.