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Whitney Houston Broke? Sources Say She's Burned Through Her Entire Fortune

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This summer, Whitney Houston returns to the big screen with 'Sparkle,' and if gossip reports are true, her comeback can't come too soon. According to the Daily Mail, the singer and actress has burned through her entire fortune and must now depend on her label, Arista, to keep her afloat.

"She might be homeless if not for people saving her," a source told Radaronline.com. "She is broke as a joke."

The news comes roughly a decade after Houston re-upped with Arista for $100 million -- then the largest record deal of all time. In subsequent years, she fought public battles with drug addiction and weathered a disastrous marriage to Bobby Brown, who she divorced in 2006.

"She called someone to ask for $100," the alarmist tattler added. "It is so sad. She should have Mariah Carey money, and she's flat broke."

Before you reach for your checkbook, consider this: A rep for the 'I'm Every Woman' singer has denied the story, insisting rumors of Houston's financial hardships have been greatly exaggerated.

"That is ridiculous and not true!" the rep told the Daily Mail, explaining that Whitney both starred in and executive produced 'Sparkle,' which co-stars Jordin Sparks and tells the story of a '60s girl group struggling with fame.


Watch 'Whitney Houston's Sparkling Big-Screen Comeback'


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Payyah Arcchhie

very sad that an extremely Whitney Houston has left us...

February 11 2012 at 8:51 PM Report abuse rate up rate down Reply
Payyah Arcchhie

Very sad such a famous person has left us.....

February 11 2012 at 8:50 PM Report abuse rate up rate down Reply
Ensonion

I am glad they had info about her new movie "sparkle". People will be dissing whitney as long as she continues to
survive. If it's not money, then it's drugs. There is no way Whitney is broke! She just did a European tour that earned
$36 million dollars. her Last CD sold 2.5 million copies and and entered at charts at #1. It takes money to produce a movie and Whitney is producing "Sparkle". She Has Owned her New Jersey estate since she had it built and
still owns it, though she hasn't lived there for years. Most importantly she took care of her addictions. She's a strong
proud woman who never disses other people and who values her privacy. I believe her gift id god given and
she will continue to defy peoples soMetimes pitiful expectations. Oh and next up is the sequel to "Waiting to Exhale".
WHAT A JOKE WHITNEY IS BROKE BUT THE BIGGER JOKE IS THE GLEE THAT SOME GOSSIP SIGHT
SEEM TO BE TAKING IN PROCLAIMING SUCH DOOKIE!

February 05 2012 at 12:31 PM Report abuse rate up rate down Reply
d_belton

whitney I hope everything work out for you good luck and God bless!

February 05 2012 at 12:37 AM Report abuse rate up rate down Reply
nosedive01

Why do we care if she is broke, probably spent it on drugs.

January 30 2012 at 9:36 AM Report abuse rate up rate down Reply
minniecasanova@gmail

Hi Whitney !
I am from your mom,s generation and believe it or not ? this is my first time ever sending an e-mail to a caleb ? but you have always been one of my favorite singers and not just your singing but you ability to bounce back from all of your adversities ! please continue to hold on to Gods GRACE AND MERCY ! YOUR RECORDING OF I LOOK TO YOU SAVED ME THRU A DIFICULT TIME WITH MY DAUGHTER AND B/C OF THIS SONG I WAS ABLE TO STAY FOCUSED TO HELP HER THRU A SEVERE BOUT WITH DEPPRESION AND THOUGHTS OF SUCIDE ! MAY GOD CONTINUE TO BLESS YOU ! AND I WILL KEEP IN MY PRAYERS ALWAYS STAY STRONG I TRULY LOVE YOU !
MINNIE C

January 27 2012 at 12:00 PM Report abuse rate up rate down Reply
repates

I wish her all blessings, because that addiction is an on going battle. I hope that if she is broke, this picture revitalizes her acting career and not her drug addiction because large sums of money is of great temptation to a person whom is a former drug addict. May God Bless her

January 27 2012 at 12:50 AM Report abuse rate up rate down Reply
annmoody86

I doubt she is heading to the poor house.
But now a quote from Whitney "I have nothing, nothing, nothing" LOL

January 26 2012 at 3:53 PM Report abuse rate up rate down Reply
reaginmx

When you laugh the whole world laugh with you, But when you cry the whole world laugh at you!! This is a statement my mom always said when I was just a little girl, and it still rings true today....

January 26 2012 at 3:21 PM Report abuse rate up rate down Reply
cdjcn

Man Bobby Bee schooled her but good.

January 26 2012 at 2:46 PM Report abuse rate up rate down Reply
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