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Famed Photog Annie Leibovitz is Having Major $$$ Troubles

| Filed under: Icky Icky Poo

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We mentioned last year that Vanity Fair's Annie Leibovitz was having some money problems.

Well, a new article from the New York Times has shed some light on just how financially effed Miz Leibovitz is!

She borrowed $15.5 million from an art world 'pawnshop' last year - taking out $10 million as recently as Decmber!!!

Basically, she put up the rights to some of her famous snaps for the big bucks.

If Annie doesn't pay them back on time, the 'pawnshop' takes ownership of her works.

Major!

Those who know the photographer said she used the money to pay off mortgages and deal with other 'financial stresses'.

Excessive living catches up with the best of us!

[Image via WENN.]

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46 comments to “Famed Photog Annie Leibovitz is Having Major $$$ Troubles”



  1. 1

    She's a bitch!



  2. 2

    huh what the art world has a pawnshop



  3. 3

    She sucks. She was my favorite photographer until I met her in real life. Such a bitch. Great artist, but she really needs a reality check.



  4. 4

    karma's a bitch.



  5. 5

    financial stresses is fun



  6. 6

    I'VE WORKED FOR HER….KARMA IS A BITCH…AN SO IS SHE….!!!!



  7. 7

    -
    IF SHE AND HER PARTNER OF 20+ YEARS WERE ALLOWED TAX BENEFITS LIKE MARRIED PEEPS ARE — SHE WOULDN'T BE IN FINANCIAL TROUBLE!
    -
    THEY HAVE GRANDCHILDREN FOR HEAVEN'S SAKE!
    -



  8. 8

    Wow!
    Re: idatezombies – Really?
    .



  9. 9

    Have any of these celebs ever balanced a checkbook?



  10. 10

    Re: SWEETPIECE IS ME! – #8.
    .
    .
    LG CAN BE TEMPERAMENTAL TOO AT TIMES, SWEET!
    .

  11. aj says – reply to this


    11

    maybe she could ask Miley…



  12. 12

    he's so handsome

    i love that time he tried to have the queen ride a horse

    he's so nice and sincere



  13. 13

    Annie, call Miley for some more naked pictures - she's a whore, she'll do it. All you have to do is ask. Maybe this time you can sell them to Hustler or Barely Legal.



  14. 14

    Re: mrsdanielcraig – #9
    .
    .
    LG HAS A FEELING OPRAH HAS!!!!!
    .



  15. 15

    Re: aj – #11.
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    .
    .
    LOL!
    .



  16. 16

    that is what you get when you keep buying and buying thinking the party is going to go on forever. I do not feel sorry for these hollywood types. How screwed is she anyway? If she does not pay back the money, she loses the rights to some of her pictures. that is potential future earnings, that is an uncertain. But, she now has paid off some mortgages-so, she might not have lost much.



  17. 17

    what in the heck did she need with that much money. Good grief, you'd think that these supposedly smart people could learn to live within there means. It seems some are them are just a bunch of insecure people trying to compensate by buying things they can't afford to keep up with their peers.



  18. 18

    HEY DID YOU BITCHES SEE WHERE PEOPLE WHO ARE GETTING FORECLOSED ON JUST SAY "PRODUCE THE NOTE" TO THE CROOKED MORTGAGE COMPANY AND BANKER FUCKERS AND THAT STOPS THE FORECLOSURE SINCE MORTGAGES ARE BOUGHT AND SOLD SO MANY TIMES AND NOBODY CAN COME UP WITH THE ORIGINAL SIGNED LOAN DOCUMENT??? WELL THEY HAVE TO PROVE THAT YOU OWE THEM THE MONEY!
    .
    .
    .
    .
    .
    AND WHAT'S UP WITH OBAMA'S HELICOPTERS COSTING $300 MILLION PLUS A PIECE???
    .
    .
    .
    WHERE DOES THE MONEY THAT'S LEFT OVER GO? TO PURCHASE $40 MILLION MATISSE'S AT THE YSL AUCTION IN PARIS, THAT'S WHERE!!!
    .



  19. 19

    IDIOT. How can you make THAT MUCH money and still not be able to live within your means? this is the kind of ridiculousness that makes the rest of the world look at americans like we're incompetent children.



  20. 20

    Re: LG puts the BASS in her walk! – 10 Just with bitches! LOL!



  21. 21

    I STILL CAN'T BELIEVE THAT BITCH HAD THE NERVE TO ASK ELIZABETH II TO TAKE HER CROWN OFF IN THAT SHOOT!! DAMN!!!



  22. 22

    Re: SWEETPIECE IS ME! – #20.
    .
    .
    .
    SWEET!
    .



  23. 23

    Incredible, I would live 10 lifetimes with that much money and live good. People are becoming more and more greedy and crazy



  24. 24

    Re: jimmyjazz – #21.
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    .
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    KISSES JIMMY DEAR!
    .



  25. 25

    I saw a show of hers 15 years ago, in Montreal, and I have to say it was the worst show I have ever been to! Sure, she can get celebs to pose for her, but technically, she is a horrible photographer. Her images are full of dirt, dust, finger-prints. How lazy do you have to be, not to blow off the dust on your negatives? She would have failed photography 101. Why on earth someone would loan her millions for them is beyond me.



  26. 26

    Dude. She looks like Howard Stern.



  27. 27

    Sorry love, I don't feel bad for you!
    .
    .
    .
    Shoulda borrowed from Anglo Irish Bank, hahaha



  28. 28

    I love Annie L's work but times are hard and we all have to live within our means. Just because she's no starving artist doesn't mean she can live opulently. She might just have to let some of those pieces go.



  29. 29

    She's a great photograper. I Really admire her work.

  30. Briet says – reply to this


    30

    annie is fucking amazing. all those that are slamming her, you should watch the 'annie lebowitz - life through a lens' doco for some insight. choosing to be a photographer is not an easy job, and it's not at all easy to take photos like she does. she also has young children, and in recent years had to deal with the death of her 'partner'. give her a break and stop judging someone so quickly. sure - she is lucky to have as much money as she has/had, but that's just life - she has worked hard for it.



  31. 31

    Annie is a major league genius photographer, but DAMN if she doesn't look just exactly like Mickey Rourke!!! I swear they could be twins.



  32. 32

    Give Joe Francis a call he'll give you some marketing tricks,



  33. 33

    Mo' money, mo' problems! Ouch….



  34. 34

    Don't worry Piggy is not that you have something to lose when recession knocks your door….



  35. 35

    catherine keener will play her in a movie.



  36. 36

    Over rated! Glad to read more liberal, democrat distress out there - FEEL THE PAIN you rich assholes! Your boy Obama (One Big Ass Mistake America) is laughing at you now!



  37. 37

    What a shame. She's a great photographer - took some of the best covers of Rolling Stone's history. It's amazing that someone can make that much money and not know how to handle it so badly that they're broke.



  38. 38

    How did she get to be so famous? Her photography is just mediocre. And why so broke? These celebrities seem to think they can spend from a well that will never go dry.



  39. 39

    thats what she gets for taking creepy pictures of miley cyrus.



  40. 40

    Is that Annie Liebovitz or Howard Stern?



  41. 41

    What, didn't girlfriend Susan Sontag leave her any dough, or did it all go to son, David?

    Annie owns a place up here in NY's Dutchess county and also lives in downtown, Brooklyn. Vanity Fair pays her beaucoup bucks, so why is she going to a "pawnshop"? Gay marriage rights is not the issue here, it's personal responsibility and profligate spending.



  42. 42

    What is wrong with these people who earn a lot of money for their art but cannot manage to hold onto it. It doesn't bother me one bit to hear that she might lose the rights to some of her work…She does take great pics but really…how dare she tell my Queen what to do….and that whole Miley thing….she is the one who should have caught all the flack for her quasi-pedophilic content.



  43. 43

    It's not really excessive living that got her into trouble. She's been remodeling her West Village home and came upon foundation problems which caused her building to colapse into the neighbors. After a lengthy lawsuit she's been drained financially.

  44. OSSIM says – reply to this


    44

    Whatever it takes…at least she didn't steal anything to get the money.

  45. Laxer says – reply to this


    45

    Re: jsfnyny – That was covered by insurance…NYC requires it before a project like this can be undertaken. Excessive spending was her downfall.



  46. 46

    The New York Times actually reported this yesterday. Perez, you read the New York Times? Half of your blog entries aren't even grammatically correct.