Rock in Rio attraction Mariah Carey reportedly has debts of over R$100 million

The star of Rock in Rio next Sunday (22), singer Mariah Carey, 55, has accumulated bank debts that would be around R$102 million (at the current exchange rate). According to the New York Post, the artist usually spends a lot, especially due to her lifestyle full of pampering and a certain compulsion to shop.

Much of that debt is related to mortgages, like the one on her Tribeca apartment, most of which was paid for through loans.

In 2009, Mariah took out more than R$40 million in loans from one bank and another R$14 million from another. In 2018, she reportedly owed more than R$100 million to the banks.

As if all this weren’t enough, the artist also suffered a loss after selling a mansion in Atlanta. She bought it for R$27 million and sold it, 18 months later, for R$21 million.

According to the publication, Carey would spend R$5 million a month on designer clothes, gifts and extravagant expenses. This would have been one of the reasons for the end of her relationship with billionaire James Packer in 2016.

The singer also reportedly spends over $240,000 to put her dogs in spas, $550,000 a month on flowers and $55,000 on each hair and makeup session she does.

It is estimated that her assets are around R$2 billion.