Music News

Madonna Is Super Rich and Dionne Warwick Is Super Poor

3/27/2013

MADONNA is super rich.  In fact, the "New York Post" reports that she's now a BILLIONAIRE.  This would be a fairly recent development, because previously, she's "only" been rumored to be worth around $700 million.

In addition to Madonna's big tour last year, which grossed over $300 million and earned her $75 million in merchandise sales, she has reportedly made a killing in some recent investments, including Vita Coco and the gym chain Hard Candy.  There's also her perfume, clothing lines and various endorsements.

Meanwhile, DIONNE WARWICK is super BROKE.  According to TMZ, she's bankrupt, and owes more than $10.2 MILLION in unpaid taxes.  In her bankruptcy filing, Dionne claimed she only had $25,000 in total assets.

She says she makes $20,950 dollars a month, but spends $20,940 a month.  Meaning, Dionne is banking just ONE HAMILTON a month.  At that rate, it would take Dionne about 85,000 YEARS to pay off her tax debt.  Dionne's rep says her severe financial problems were caused by, "negligent and gross financial mismanagement" in the late '80s and early-'90s.

(IF ONLY Dionne had some people around her who could've PREDICTED the ruin her financial advisors were leading her into, some sort of, oh I don't know, PSYCHIC FRIENDS?!?)