Mother Monster happens to be the world’s most awesome daughter also. According to reports, the eccentric pop singer gives 50%, as in half, of all of her money to her father.
[photogallerylink id=132971 align=right]Their odd business arrangement comes as a surprise to most in the music industry causing quite a stir and several comparisons and speculations as to why she gives so freely to her family. “There’s really no justifiable sense to doing a 50/50 deal with anyone in your career, other than someone you’re partners in a band with,” says entertainment lawyer, Josh Grier, who represents Wilco and Elvis Costello. “Certainly no artist entering a management deal does anything close to that — a commission is usually 15 to 20 percent.”
[lastfm link_type="artist_info"]Lady Gaga[/lastfm]‘s father, Joe Germanotta, receives the money under the family’s LLC’s Mermaid Music and Team Love Child. Some cite tax purposes as a reason for the divide, but personally, I think there is much more than tax brackets and deductions to this story.
There have also been comparisons to Britney Spears and her dad, but he’s been closely working with Brit on her Femme Fatale tour and so his efforts were reciprocated with pay, but that’s not the case with Gaga, her dad is just her dad.
But that’s more than enough for Lady Gaga, I think. She has always been open about how much her father means to her, reportedly stating, “I’m married to my dad.”
Albeit odd to say out loud, it’s clear that Gaga feels like she owes much of her success to her supportive family, that paid for her apartment the whole year she was busy getting famous and changing the world. Not to mention the time her dad smacked her back on track when she slipped into illicit substances like cocaine, “You’re f**king up, kid,” he told her. That was the catalyst Gaga needed to kick the habit. And now she is hosting your Thanksgiving.
Maybe we all owe Lady Gaga’s dad half our money? Hmm. I’m sure he wouldn’t mind.
“Bad Romance” by Lady Gaga