IS WHITNEY HOUSTON REALLY BROKE?
Whitney Houston is reportedly ‘broke’. The 48-year-old singer – who has overcome crack cocaine addiction – has allegedly spent all of her fortune, including a reported $100million record deal.
Whitney is being financially supported by her record label Arista, which has given her an advance payment on her next album, according to reports.
In August 2001, Whitney signed the biggest record deal in music history at the time with Arista/BMG, renewing her contract with the label for $100million to deliver six new albums. She released her last LP I Look to You in August 2009.
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