Annie Leibovitz reportedly gets a cool $2 mil a year for getting celebs like Miley Cyrus to lose the blouse and look poutingly out the window. But apparently it ain't enough to keep the creditors away.

Annie, who has even shot the Queen, owes $715,000 to various creditors, according to the New York Post. The newspaper says the debts are a collection of back taxes, money owed in connection with a book project that never got off the ground, and slacking off on renovation expenses for her townhouse.