Oprah Winfrey Files For Bankruptcy
One of the most powerful women in show business has reportedly filed for bankruptcy. Oprah Winfrey â who just two years ago was worthÂ an estimated $2.9 billion dollars â is now almost penniless, according to insiders.âPoor financial decisions, poor political decisions, and now sheâs just poor,â said Financial guru Max Manel. âHer biggest downfall by far is her O Network. Ever since its conception, itâs been a giant money pit. Instead of just admitting failure and moving on, Oprah has been pouring millions more of her own money back in just to keep it on the air.ââShe also has made, multiple times, theÂ poor decision of thinking she could be a political-backing powerhouse,â said analyst Connie Murphy. âOprah has been wasting millions backing democrats on everything from small, local elections, to almost single-handedly funding both of Barack Obamaâs campaigns.ââShe, like many people, really feels a need to be loved by everyone,â said Oprahâs close friend, Mary Williams. âHer self-esteem is horrible. All the expensive gifts she gave away on her talk show were just to get people to like her. Oprah buys peopleâs love with cash and presents. Until the O Network launched, and immediately bottomed out, she could afford to give out lavish gifts.Â But because of theÂ complete failure of the network,Â plus the millions of dollars in cars, boats, trips, and every other ridiculous thing she gave away on TV, sheâs just left broke.ââItâs sad, so sad to watch,â said an anonymous intern at the O Network. âAll she does is eat Bon-Bonâs and ice cream. Now that sheâs broke, no one returns her phone calls. She watches E! News and sees BeyoncÃ© and Jay-Z at parties with President Obama, and cries becauseÂ she wasnât invited, too. So, so sad.âOprah reportedly had no public comment on her bankruptcy.Â