Tuesday, January 24, 2012

Saving All My [Money] For You: Reports Say Whitney Houston Flat Broke


Superstar Singer Whitney Houston may be getting So Emotional if rumors about her current financial situation are true...

An anonymous "friend" of the chanteuse is claiming that she has allegedly run through her estimated $100 million fortune and is now "broke as a joke". The source also claims that she is in such a dire financial situation that she has resorted to calling friends and family, begging to borrow $100 in cash at a time.

Houston, who once starred in the blockbuster movie The Bodyguard with Kevin Costner, is currently filming her comeback film Sparkle, in which she co-stars as American Idol winner Jordin Sparks' mother. The singer, who was one of the most successful recording acts of the 80s and 90s, signed one of the biggest record deals in history in 2001, valued at over $100 million for six albums. Unfortunately, the contract has only produced three new albums, including her flop 2009 release I Look to You.

Houston had to pay ex-husband, troubled ex-con (and New Edition member) Bobby Brown, millions of dollars in a costly divorce. She has also continually battled drug addiction over the years, checking herself in and out of rehab on several occasions, in spite of her claims to Oprah that she has never done drugs. Shocking photographs of her teenage daughter Bobbi Kristina allegedly snorting cocaine made the tabloids last year.

A spokesperson for Houston calls the claims about her financial situation "totally false and ridiculous". 

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