TMZ

Our TV Shows

Got a Tip?

Call TMZ at (888) 847-9869 or Click Here

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

No Avatar
76.

Mark Byrn    

Better get busy snapping more pics

1781 days ago
77.

tabloidbaby    

The cover of Born to run was shot by Eric Meola, not Leibovitz.

1781 days ago
78.

Linda Mott    

Annie is great, I hope she doesn't lose it.

1781 days ago
79.

Sarah    

Ah well. I really dont have much sympathy for the rich plus, she's ugly as sin.

1781 days ago
80.

opi    

NO, Annie did not have to pay estate/inheritance tax:

Quote: When the state of Leibovitz’s finances later became public, outlets like Salon trumpeted the “gay tax” theory, the idea that Leibovitz’s finances had been depleted by the taxes she’d had to pay on her inheritance from Sontag. That wasn’t true. With the exception of four items of only sentimental value, the bulk of Sontag’s estate went to David Rieff, Sontag’s only child. Leibovitz’s relationship with Sontag was not mentioned in Sontag’s New York Times obituary, and Leibovitz did not speak at Sontag’s memorial service.

http://nymag.com/fashion/09/fall/58346/index3.html

1781 days ago
81.

Susan    

And what makes her any more worthy of not losing something the way alot people have lost their homes?

1781 days ago
82.

jester    

i know art is supposed to b beautiful and all, but i could have gone my whole friggin life without seeing Lennon's ASS HOLE/BALL SACK TANT

1781 days ago
83.

Nance    

I guess now she can join the rest of the "BROKE" people

1781 days ago
84.

Commodore Donald    

She should have lost everything before she took that gross pic of Yucko Oh,no and John Lemmon.

1781 days ago
85.

Marie    

What? A Jew with money problems, the world has gone mad!

1781 days ago
86.

Ziggy    

That's sad, but it's her own dumb ass fault for putting them up like as collateral.

Honestly getting sick of hearing how these celebs are going bankrupt...if they lived like normal human beings, and stopped buying a house in every other country, they could live out their lives very well.

1781 days ago
87.

Somebody , shoot it! Quick!    

#34 I hope your reason is true. I hope she did spend herself broke.
SHE takes celeb pics and they may be edgy,but CELEBS/andCROWN HEADS /Presidents/PrimeMinsters want her to take pics.

1781 days ago
88.

Sparky    

Mr PhillipP, so I am an idiot ..and you must be one of many stupid wedding photographers? This jew lesbob*tch takes exploitation or nude photos after Vanity Fair pays the bill. Miley Cyrus almost lost her career after the lesbo photographed her. I see NOTHING ARTISTIC in being able to press a shutter button when someone is naked! Most people live on less than 100K per year..and Miss Lesbo is worried about paying the loan she owes? Maybe she'll have to get a real 50K yr job!!

1781 days ago
89.

Terri    

She should have lived more frugally.

1781 days ago
90.

Annie    

How on earth can you get 24 million in debt? Has she not been paid for all those photos she has taken all these years. And did she not have the common sense to make payments on these loans.

1781 days ago
Previous 15 Comments | 2 | 3 | 4 | 5 | 6 | 7 | 8 | Most Recent | Next 15 Comments

Around The Web