Poor Dionne! Hopefully she can recover & get her finances back together.....

Does she own her masters?

I seriously doubt it......But she had a very successful career that rivaled Aretha's...

Fonkyman said:

Does she own her masters?

Doubt it. Plus she's not a songwriter. None of her hits were written by her of course. She made most of her money touring. She's been having years of money troubles.

Ok, I was kidding. Surprised to read this though. She was one o the real gooduns. Must be a nightmare juggling the millions.

Fonkyman said:

Ok, I was kidding. Surprised to read this though. She was one o the real gooduns. Must be a nightmare juggling the millions.

Ah OK.

I just wanted to know who she hires to look after her money...

Warwick, 72, has just $25,500 in assets and $10.7 million in debts, according to her 50-page filing last week in U.S. Bankruptcy Court in Newark.

The golden-voiced Warwick is left with just $10 a month after covering her expenses, the court documents said.

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.

She listed her average monthly income as $20,950, and her typical monthly expenses as $20,940 — leaving Warwick with just $10 each month.

Read more: http://www.nydailynews.co...z2OfZhNgfk

NaughtyKitty said:

Warwick, 72, has just $25,500 in assets and $10.7 million in debts, according to her 50-page filing last week in U.S. Bankruptcy Court in Newark.

The golden-voiced Warwick is left with just $10 a month after covering her expenses, the court documents said.

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.

She listed her average monthly income as $20,950, and her typical monthly expenses as $20,940 — leaving Warwick with just $10 each month.

Read more: http://www.nydailynews.co...z2OfZhNgfk

Sounds like someone needs to lower their standard of living just a tad. Have eggs and toast for breakfast. No more cavier. $20,950 a month??? She makes more in one month than the average American makes in one year and yet, they manage to survive. I don't know, it's kinda hard for me to feel for a lot of these celebs who have or allowed others to mis-manage their money for so long.

NaughtyKitty said:

Warwick, 72, has just $25,500 in assets and $10.7 million in debts, according to her 50-page filing last week in U.S. Bankruptcy Court in Newark.

The golden-voiced Warwick is left with just $10 a month after covering her expenses, the court documents said.

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.

She listed her average monthly income as $20,950, and her typical monthly expenses as $20,940 — leaving Warwick with just $10 each month.

Read more: http://www.nydailynews.co...z2OfZhNgfk

I noticed the problem right away: she's still living like it's 1969 when she HAD money.

Timmy84 said:

NaughtyKitty said:

I noticed the problem right away: she's still living like it's 1969 when she HAD money.

Exactly!

lastdecember said:

Timmy84 said: Fonkyman said: Does she own her masters? Doubt it. Plus she's not a songwriter. None of her hits were written by her of course. She made most of her money touring. She's been having years of money troubles. She had issues with that SCAM network thing she was part of, psychic friends or whatever, that was a major tax shetler scam fraud etc....problem is as always these artists let relatives neighbors friends lovers etc...do their business, its funny how they cry about LABELS screwing them (though they sign contracts) and yet they dont cry about cousin leroy with a GED that they let do the taxes and managing just to give him something to do.

And if I recall, Dionne was one of many (including Patti, Mary Wilson, etc.) that were complaining to Congress about radio stations not paying them money for playing their songs that they thought they earned money on since they failed to get the labels' attention.

WTF! Really?! Cites money mismanagement.

Stop talking in third person, Ms. Warwick mismanage her money. The operative words here are, her money.

the real question is how consistent were these recoed labels in paying her royalties?

Dionne made history in her career. It was just no black women doing what she did or accomplished at that time. Its sad she has nothing now to show for it...

Actually, this happens waaaaay more often than what a lot of people realize. Many celebrities have filed bankruptcy over the years but it doesn't always make headlines.

TD3 said:

WTF! Really?! Cites money mismanagement.

Stop talking in third person, Ms. Warwick mismanage her money. The operative words here are, her money.

$20,950 per month x 12 months = $251,400 per year and all she has left out of that is $10.00 per month or $120.00 per year. Money Mismanagement is an understatment.

lastdecember said:

thing is if u dont write, you are screwed, u need some kind of writing cred, this is why Beyonce puts her name into everything, even if she writes "la la la" in a song, she gets a piece when that gets played on the radio.

I agree....it's very important for artists to take part in writing the lyrics.That way,they will continue to make money on these songs,years after their stardom fades.I don't think that Toni Braxton wrote or co-wrote any of her songs.Bad mistake on her part.She's constantly having financial problems.

Dionne pratically LIVES over-seas..She tours overseas to packed houses making good Tour money...I think she's doing a CLASSIC "Toni Braxton"..

Toni still living in Million dollar homes eating High-Dollar Dinners and say she sooooo broke...She broke and still eating FANCY food....She's got money and cash STASHED...

Dionne is doing the SAME thing...I do NOT believe all she got in the bank or under her mattress is $25,0000...She got money BANKED overseas that the IRS can't touch...But its her money dealings here in AMERICA that's causing her the most problems...

You see Tina packed all her Wigs and moved overseas. Dionne better pack her Furs and and ask somebody "do they know the way to Montego Bay?"

SoulAlive said:

lastdecember said:

thing is if u dont write, you are screwed, u need some kind of writing cred, this is why Beyonce puts her name into everything, even if she writes "la la la" in a song, she gets a piece when that gets played on the radio.

I agree....it's very important for artists to take part in writing the lyrics.That way,they will continue to make money on these songs,years after their stardom fades.I don't think that Toni Braxton wrote or co-wrote any of her songs.Bad mistake on her part.She's constantly having financial problems.

Toni actually did co write some of her songs.

Chancellor said:

Dionne pratically LIVES over-seas..She tours overseas to packed houses making good Tour money...I think she's doing a CLASSIC "Toni Braxton"..

Toni still living in Million dollar homes eating High-Dollar Dinners and say she sooooo broke...She broke and still eating FANCY food....She's got money and cash STASHED...

Dionne is doing the SAME thing...I do NOT believe all she got in the bank or under her mattress is $25,0000...She got money BANKED overseas that the IRS can't touch...But its her money dealings here in AMERICA that's causing her the most problems...

You see Tina packed all her Wigs and moved overseas. Dionne better pack her Furs and and ask somebody "do they know the way to Montego Bay?"

Maybe it would be best if she just got rid of her American citizenship then they'll stop hassling her.

[Edited 3/27/13 8:20am]

HatrinaHaterwitz said:

$20,950 per month x 12 months = $251,400 per year and all she has left out of that is $10.00 per month or $120.00 per year. Money Mismanagement is an understatment.

To paraphrase her, it just seems like "deja vu".

Chancellor said:

Dionne pratically LIVES over-seas..She tours overseas to packed houses making good Tour money...I think she's doing a CLASSIC "Toni Braxton"..

Toni still living in Million dollar homes eating High-Dollar Dinners and say she sooooo broke...She broke and still eating FANCY food....She's got money and cash STASHED...

Dionne is doing the SAME thing...I do NOT believe all she got in the bank or under her mattress is $25,0000...She got money BANKED overseas that the IRS can't touch...But its her money dealings here in AMERICA that's causing her the most problems...

You see Tina packed all her Wigs and moved overseas. Dionne better pack her Furs and and ask somebody "do they know the way to Montego Bay?"

I agree. My Mom saw her in Fort Lauderdale to a packed house!

NaughtyKitty said:

She listed her average monthly income as $20,950, and her typical monthly expenses as $20,940 — leaving Warwick with just $10 each month.

Hasn't everyone spotted the problem?

^ Exactly. Which is why I have zero sympathy for her, or any celebrity/athlete/musician with money problems. Dumbasses.

kitbradley said:

NaughtyKitty said:

Sounds like someone needs to lower their standard of living just a tad. Have eggs and toast for breakfast. No more cavier. $20,950 a month??? She makes more in one month than the average American makes in one year and yet, they manage to survive. I don't know, it's kinda hard for me to feel for a lot of these celebs who have or allowed others to mis-manage their money for so long.

I agree 100%. I survived for 6 years on an annual gross income of $15,000. managing a soup kitchen. I find it a little difficult 2 "feel" for her too. I had a small one bedroom apt., froze my ass off in the winters because the walls weren't insulated sufficiently and I STILL managed to pay my bills and survive.