March 26, 2013

Dionne Warwick: Claims She Makes $10 A Month

Dionne Warwick

Dionne Warwick is in financial turmoil. The ‘Don’t Make Me Over’ singer owes more than $10 million in unpaid taxes.

The 72-year-old singer has filed for bankruptcy in New Jersey, because of her whopping $10.2 million tax debt and fees to the IRS and the State of California.

Warwick claims to only have $25,000 in assets. Additionally, the singer said she makes $20,950 a month, but spends $20,940 monthly. That means she earns $10 a month.

Despite a catalog of hits—many of which she did not write—Warwick claims that she $1,000 per month from music royalties.

As far as her $25K in assets, the one-time “Celebrity Apprentice” star has listed two fur coats; two pair of diamond earrings; $5,000 in various gowns and 10-year old home furnishings. She also spends $5,000 per month on housekeeping and $4,000 a month on a personal assistant.

The five-time Grammy winner’s rep, Kevin Sasaki, reveals Warwick’s financial challenges stem from “negligent and gross financial mismanagement” in the late 1980s through mid-1990s.

“In light of the magnitude of her tax liabilities, Warwick has repeatedly attempted to offer re-payment plans and proposals to the IRS and the California Franchise Tax Board for taxes owed. These plans were not accepted, resulting in escalating interest and penalties,” her rep explained.

Dionne Warwick





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