Lady Gaga has said that she’s practically shattered given that she’s always plugging money into her tours, but now it’s clear that there’s another cause why she’s not always rolling in it: She gives half of her income to her dad.
Lady Gaga still doesn’t have her very own house in New York City, despite the fact that she is one of the top-earning performers of the past several years. That’s because she crashes at her parents’ place on the Upper West Side, and because she doesn’t have all that much to spend, since she pays 50% to her father under their LLCs, Team Love Child and Mermaid Music.
Gaga obviously considers her father, a businessman who made a mint selling hotel WiFi, one of her most important investors. It was he who, after she made a decision to drop out of NYU, agreed to fund her for 12 months as she worked in the direction of a career in music.
Fans interested in the Germanotta family dynamic should be sure to tune into A Very Gaga Thanksgiving, which will reveal the singer at home preparing a meal for a family with celebrity chef Art Smith… in between performances of all her biggest hits.
