Dionne Warwick Files For Bankruptcy Owes $10 Million In Taxes

Posted on Mar 26 2013 - 3:36pm by Tracy

Grammy-winning singer Dionne Warwick,  has filed for bankruptcy because of unpaid taxes that total about $10.7 million. According to reports, her debt started growing in the 1990s, and was originally only $2.2 million.

dionne-warwick

After 50 years in show biz, the singer said all she had to show for it was $1,000 cash; assorted pieces of decades-old furniture; clothes; artwork and paintings; two fur coats, and two pairs of diamond earrings.

The vast majority of her debt is $10.2 million in tax claims from the IRS and the state of California. She also owes a former manager about $500,000, and ran up a $20,000 Visa card debt, court papers showed.

 With the amount she currently owes, this is bound to be a long, drawn out case.


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7 Comments so far. Feel free to join this conversation.

  1. Jervishia March 26, 2013 at 11:45 pm -

    I hope it all works out for her

  2. Jane Doe March 26, 2013 at 7:24 pm -

    it happens

  3. DADDYMACK March 26, 2013 at 6:31 pm -

    Great Post Gumpbumper!
    Love all ur post sis!

  4. DADDYMACK March 26, 2013 at 6:30 pm -

    Shoutout Dionne Warwick tho

    with friends and money stashed away Im sure she will be able to sqaush this away real soon.

    2Dopebloggers

  5. DADDYMACK March 26, 2013 at 6:28 pm -

    Damn Auntee, how can celebs get their self in so much debt like that?

  6. Futuristic Blogger March 26, 2013 at 5:13 pm -

    awwww man, wish her the best — BLACK HOLLYWOOD COUPLES