13-time Grammy winner Lady Gaga went bankrupt and was $3 million in debt after her Monster Ball tour

For her performance in the musical drama "A Star Is Born," Lady Gaga received three Grammys in 2019. She has also earned a slew of other honors. The 36-year-old singer and actress, whose true name is Stefani Germanotta, was also nominated for best actress at the 2019 Academy Awards and won an Oscar for best original song.

Gaga's 2008 debut album, "The Fame," was the catalyst for her initial breakthrough in the music business. The native of New York has since performed at the Super Bowl, completed seven concert tours, and won 13 Grammy Awards. And in the process, she's amassed a significant wealth thanks to the millions of CDs she's sold.

According to the FT, Gaga was able to escape the red because of "the sheer quality and appeal" of her output. She is currently prospering for herself: According to Forbes, Gaga has already made $50 million this year as of July.

The Financial Times quoted her as saying, "The beauty for me about being an artist is that the dream will never die, because I'm not obsessed with material things and don't care about the money or the public's attention, but only the love of my fans, so for me it's about how much more devoted, how much better an artist can I become?" However, she insisted that pursuing a career as a pop star has never been about the money.

She essentially answered, "It's true, money doesn't mean anything to me.

But when it comes to the essential things, like her shows, Gaga doesn't mind splurging. The only significant items she had bought were a Rolls-Royce for her parents' anniversary and my dad's heart valve. Other than that, I gave the show my all.