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Toni Braxton used to be popular because of her music, topping charts, selling lots of albums and raking in the big bucks.

But somehow, she ended up broke.

At the height of her career, she generated $170 million from album sales, but only took home $1,972.

Toni explained in an exclusive interview on 20/20 how the twisted fate of an artist may result in fame and debt.

“What happens is they will give you an advance million on the next record and the next record so you kind of stay in debt in a sense,” said Braxton about her record label.

By 1998, she filed for bankruptcy for the first time.

While she wasn’t even making enough to sustain herself and a mortgage, the singer developed an obsessive home décor habit.

“I love dishes and house things so I kind of lost it a little bit on the house ware. One-thousand thread-count sheets, that’s what I indulged in,” admits Braxton.

Then she filed for bankrubtcy a second time in 2010, and had to cancel her self-financed “Toni Braxton: Revealed” Las Vegas show due to a medical scare.

After being diagnosed with lupus, doctors recommended she chill out from performing and limit her time on stage to one or two songs.

Check out the full interview here.

via EurWeb

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