Whitney Houston Having Money Issues
A source says “Whitney’s fortune is gone. Music industry heavy hitters are supporting her and her label is fronting her cash against her next album, but no one knows when that will be released … She might be homeless if not for people saving her. She is broke as a joke.”
Whitney – whose ex-husband is Bobby Brown – is believed to be in such a dire financial position she has even had to resort to contacting friends for small loans.
The source added: “She called someone to ask for $100. It is so sad. She should have Mariah Carey money, and she’s flat broke.”
In August 2001, Whitney signed the biggest record deal in music history at the time with Arista/BMG, renewing her contract with the label for $100 million to deliver six new albums.
She released her last LP ‘I Look to You’ in August 2009.