Singer Dionne Warwick Files For Bankruptcy

warwick

Dionne Warwick, the singer and actress who was a regular at the top of the Billboard chart for four decades, owes more than $10 million in back taxes and has only $10 left at the end of each month after paying expenses, according to a petition filed in U.S. Bankruptcy Court in New Jersey last week.

The 72-year-old five-time Grammy Award winner, who lives in a 3,200-square-foot home in South Orange and won awards for songs like “I’ll Never Fall in Love Again,” “That’s What Friends are For” and “Raindrops Keep Falling on My Head,” pays $5,000 a month for housekeeping.

The East Orange native also pays $4,000 for a personal assistant and another $11,940 in other monthly expenses, the bankruptcy petition stated.

Warwick, who filed Chapter 7 bankruptcy Thursday, has $25,500 in assets and $10.7 million in liabilities, according to the court papers.

Among the valuables listed in her bankruptcy petition: Two fur coats and two sets of diamonds earrings that have a combined value of $13,000; gowns and everyday clothing worth $5,000; and artwork and paintings worth $5,000.

Warwick owes nine years of back taxes, totaling $7 million, to the federal government and $3 million to the state of California, according to the bankruptcy petition.

h/t NJ.COM

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