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Most Famous Photog Ever -- Imagine Losing It All

9/6/2009 11:15 AM PDT BY TMZ STAFF

In the world of high-end photography, Annie Leibovitz's portfolio is the equivalent of The Beatles' catalog -- and she's in danger of losing it all.

Annie Leibovitz, John Lennon, Yoko Ono

Leibovitz, who took the infamous last photo of John Lennon before he was assassinated, is facing catastrophic financial problems -- if she doesn't pay back a $24 million loan by Tuesday, she'll lose the rights to every big photo she's ever taken. The list includes that controversial Miley Cyrus photo from last year, the pregnant Demi Moore Vanity Fair cover, the cover of Bruce Springsteen's "Born to Run" -- and really every interesting VF cover for the last 20 years or so.

In classic Michael Jackson-esque form, Leibovitz sunk deep into debt and then got a loan using her photo catalog (estimated at $40 million) and homes as collateral.

Tuesday is D-Day.

133 COMMENTS

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1.

shuffler    

Drug problems?

1851 days ago
2.

dunkledomy    

Wow, that is so sad. I hope she is able to pull it off and keep her stuff!

Russ
www.anon-tools.vze.com

1851 days ago
3.

Carter Forster - London, Ontario, Canada    

Couldn't happen to a MORE deserving [a]sshole. Over-rated bitch has to pay the piper, one way or the other. ;-)

Go get 'em, repo man!!!

1851 days ago
4.

streetdude    

Looks like you might have to sell a couple of photos

1851 days ago
5.

my1234    

sounds like she pissed it all away and didn't manage it well. that's too bad. such great talent. i hope the many people who used her services will somehow help her out.

1851 days ago
6.

Cory (yes Feldman)    

WTF is wrong with these people, don't they have money managers that are worth a darn?

1851 days ago
7.

Inny    

How can you get a loan ...

and use the property that you don't own...

as collateral...

to get MORE money...

from the (you and me) bank?

Name names.

Who gave her these loans that we paid for?...

Which the taxpayers will pay for...

to bail out the banks that gave out bad loans ..

to leaches like Lebo.

1851 days ago
8.

Antoinette    

Where do you go to get one of those $24 million loans. I could use one.

1851 days ago
9.

click    

No one should be allowed to borrow against their art nor loose the rights to their art. I'm calling BS.

1851 days ago
10.

TheMizzz    

WTF did she buy? How do you spend that much money?? Good Gawd you would think she could have spent a bit on hair/makeup/plastic surgery.

1851 days ago
11.

Only marry foreign women    

Lesbian loses stuff. Call Oprah.

1851 days ago
12.

click    

Inny, she took the picture of people with consent, she owns it. Not like TMZ and other people who take photos out in the open and should not own it. People should have to give consent of their image/likeness/and self before being exploited.

1851 days ago
13.

Only marry foreign women    

Leibovitz does not spend money on her employees. I read that she is cheap with employees, but she did buy her lesbian lover a home in France on a river.

For me many of her pictures were uninteresting. For example, I did not care to see a naked pregnant celebrity on the cover of a magazine. Or a naked Beatle.

She did have skills with Photoshop. Or was it her employees?

1851 days ago
14.

Inny    

She probably put our money in offshore banks.

She'll declare bankruptcy and live happily ever after....

at our expense.

But tomorrow...you'll be ticketed $150 for j-walking...

and god forbid you don't pay that extortion bill.

A tax-paid swat team...

will break down your front door...

and call you a terrorist...

if you resist arrest.

The big crooks hang the small crooks.

1851 days ago
15.

for; while my guitar gently weeps    

Looking logically’ at the information the media has given. “MR. Michael Jackson” was supposedly addicted to all’ these’ prescription drugs (pain killers were stated’ at one point) yet none’ of the drugs he was supposedly’ addicted to' were reported found in his blood. The only drugs reported found in his bloodstream, were those administered by dr. Murray’ by his own admission. If MR Michael Jackson was addicted’ to any of the drugs’ he received the day of his death, then’ why did dr. Murray administer them’ willingly? Since’ dr. Murray, believed’ that MR. Michael Jackson was becoming addicted’ to Propofol. How did this addiction occur? Perhaps the fact’ that dr. Murray himself had been giving “MR Michael Jackson” Propofol every night for six week’s may have had something to do with it? Also’ were dr. Murray’s credentials and license current, proper and up-to date for practicing medicine in the state of California, No. The fact’ remains, that dr. Murray is not a trained anesthesiologist’ was not performing surgery’ did not have the proper lifesaving’ equipment’ and was inducing coma’ without back-up’ personnel, dr Murray is culpable, for knowingly’ administering’ Propofol’ causing’ a Man’s death’ and he deserves punishment, plus’ he had no business giving Propofol to begin with! He was treating MR Michael Jackson for insomnia, not performing surgery. Doctors are supposed to treat a symptom’ of an illness’ with appropriate medications, Propofol’ is not an appropriate medication’ for insomnia. If you go into surgery' does your anesthesiologist leave you completely unattended’ in induced coma’ to go to the restroom’ or to make personal phone calls’ while your unconscious’ under anesthesia?

This dr. Murray is guilty of more that just gross negligence. What about the fact that he transported (or had transported) these medications across state lines? What about the fact’ that he had his assistants’ in Houston destroy possible evidence, hindering an investigation? No doctor hires a lawyer immediately after a patient’s death, unless’ they know for a fact’ that they did something wrong! MR. Michael Jackson did not kill himself’ instead he trusted a doctor to take care of him’ who failed to do the job’ he was paid’ and entrusted to do! Since dr. Murray reports to suddenly notice’ MR. Michael Jackson not breathing, then’ logically dr Murray did not witness’ the onset of distress, and if’ dr. Murray detected a slight or weak pulse, the Patient was breathing {Resuscitating} on his own, so why then’ why would CPR even be administered? Why was the upstairs heat maximized? Why was he attempting CPR on the bed, instead’ of the hard surface of the floor’ in the stifling heat, no less? Why would dr. Murray stop “CPR” to run to the kitchen, to tell the chef’ to send up a child’ for witnessing CPR administration’ to body, that’ was later pronounced by paramedics to evidence {blood gravitation} Lividity?

Why’ does dr. Murray not call 911 immediately, because he claims’ he doesn’t know the address’ to the house’ he has been driving to’ every evening’ for two Months? This’ dr. Murray does not have any phone, or access to any household phone, available to call 911’ immediately ‘at first sign of distress, Yet’ has a phone available to make other’ phone calls? Then’ dr. Murray insisted’ paramedics continue CPR even after Lividity was noticed (Lividity is blood gravitation’ said to only’ “set in” several hours after death) dr. Murray insisted’ MR. Michael Jackson not be declared dead at his home (home death=immediate autopsy) dr. Murray insisted’ oxygen to be administered in Ambulance {home death= immediate autopsy} dr. Murray refused’ to sign the death certificate (avoiding liability) dr. Murray avoids’ police questions for several day’s’ following MR. Michael Jackson's death, thus’ allowing day’s of Crime Scene contamination with all homes content’s removal, plus’ real possibility of evidence destruction, allowing time to contact office assistant Stacey Howe’ to possibly interfere’ with evidence’ at his Los Vegas properties, assuming he failed to personally’ travel to Los Vegas in those two day’s!

It’s reported that it takes at least 40 mg of Propofol to even put someone to sleep, yet dr. Murray states’ he only gave MR Michael Jackson 25 mg. If you are attempting to help him sleep, why even administer a dose so small that he will not’ go to sleep? Why the Iv therapy pole and Propofol bag’ if onlyâ

1851 days ago
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