Singer Bruno Mars In Major ‘Gambling Debt’; Estimated $175 Million Net Worth At Risk!
Bruno Mars is an American singer and songwriter. His estimated net worth, which is $175 million, is at risk due to his gambling debt.
American music personality Bruno Mars is known for his catchy lyrics and mesmerizing stage performances. He is again the centre of media attention for owing a massive debt to MGM. The ‘Just the Way You Are’ singer has won multiple Grammy Awards throughout his career. This is in addition to several other honours in the field of music. But this vast debt will put a significant dent in Bruno Mars’s net worth.
Bruno Mars Biography
The real name of the singer was Peter Gene Hernandez, and he then took up Bruno Mars professionally. He was born and raised in Honolulu, Hawaii. He got famous in his childhood as an Elvis impersonator. Bruno Mars moved to Los Angeles after high school to pursue his music dreams.
In Los Angeles
After moving to Los Angeles, he changed his name. He also added Mars to avoid being stereotyped as a Latin artist. Bruno Mars gained success by writing songs as well. He wrote lyrics for Brandon Creed, Adam Levine, and Sugababe. He got his first breakthrough around 2009 and 2010 after he featured in B.O.B.’s Nothing on You and Billionaire by Travie McCoy.
Bruno Mars has collaborated with famous artists like Lil Wayne and Snoop Dogg. His songs, such as, topped the charts globally. One of his most popular tracks is ‘Uptown Funk’.
Bruno Mars Net Worth
As per celebrity net worth, Bruno Mars has an estimated wealth of $175 million. With this gambling debt, his net worth will be reduced to $125 million.
Bruno Mars And MGM
In 2016, Bruno Mars announced a multi-year residency with ‘MGM Resorts International’. However, he has now piled up debts at the casino. As Mars entered his ninth year of residency, the music artist owed $50 million to MGM. The insider claimed, “He owed millions to the MGM.” They added, “[MGM] basically owns him. He makes $90 million a year off of the deal he did with the casino, but then he has to pay back his debt.” The insider also claimed that Mars makes only $1.5 million per night after tax deductions.
Bruno Mars was always into gambling. He disclosed it in 2013. He revealed he had gone to the Commerce Casino in LA before becoming famous.
