Lady Gaga has given us several chart-topping albums, sold-out tours, and award-winning roles over the years – but did she earn enough money to call herself a billionaire?
Lady Gaga is not a billionaire. Her net worth has been estimated at around $320 million according to multiple sources. She earned this fortune through album sales, tours, and endorsements deals.
Keep on reading if you’ve ever wondered how much money does Lady Gaga have, and how exactly is she spending it.
Lady Gaga’s Net Worth
Lady Gaga was included on Forbes’ list top-earning musicians of the 2010s, and the magazine estimated that she made $500 million over the course of the last decade. Her net worth, however, is a completely different story.
Several sources, including Celebrity Net Worth, reported that the singer is worth $320 million. They claim that their data is “rooted in financial analysis, market research, and inside sources”, but they’re not the most reliable source out there.
Most people turn to Forbes when it comes to accurate reports on celebrities’ net worth. When it comes to Lady Gaga, they estimated her net worth at $275 million in 2016, and included her on the list of the highest-paid celebrities of 2020, with total earnings of $38 million.
Judging by these numbers, the sum of $320 million isn’t overblown, since Lady Gaga did a lot between 2016 and 2020. Her albums Joanne and Chromatica both hit no. 1 on the Billboard 200 chart – and that’s just the start.
Lady Gaga’s “Joanne World Tour” brought in $94.9 million, while her Las Vegas residency “Enigma” hit $53.9 million at the box office. It’s also been reported that she received between three and four million dollars for headlining Coachella in 2017.
There are still many questions about Lady Gaga’s earnings that remain unanswered. We still don’t know how much money did she get to appear in A Star is Born and produce its soundtrack. It’s also too early to tell if her beauty line Haus Labs is on its way to becoming a billion-dollar enterprise, or just another failed celebrity brand.
Spending Her Fortune
Lady Gaga told the Financial Times that she’s never been “obsessed with material things” and that her decision to become a musician had nothing to do with money. That didn’t minimize her shock after learning that she went bankrupt following the first extension of “The Monster Ball Tour”.
“It was funny because I didn’t know! I remember I called everybody and said, ‘Why is everyone saying I have no money? This is ridiculous, I have five No. 1 singles.’ And they said, ‘Well, you’re $3 million in debt,’” recalled the singer.
Lady Gaga told the magazine that she managed to pull herself out of debt thanks to “the sheer quality and popularity” of her work. She didn’t have to worry about the money after that and made several multi-million dollar purchases in the years to come.
In 2012, the singer revealed that she bought a Rolls-Royce for her parents’ anniversary. She made this purchase because her dad had a Lady Gaga license plate on his old car, and everyone was following him around.
It’s also been reported that she invested $23 million into a Malibu mansion, and spent an additional $5.25 million to buy Frank Zappa’s house in the Hollywood Hills. Lady Gaga also shelled out $60,000 for 27 Koi fish imported from Japan and bought 55 items at a Michael Jackson auction in 2012.
The Grammy-winning singer obviously likes spending millions on lavish things, but she’s no stranger to giving back. In 2011, she founded the Born This Way Foundation, aimed at empowering young people to “create a kinder and braver world”.
The singer made many sizable donations through this foundation and organized a series of charity projects. She was also included in other philanthropic activities – such as the benefit concert One World: Together at Home, which raised almost $128 million for coronavirus relief.