Detail List of Whitney Houston’s Debts & Income. Are You Surprised?

Radar Online has uncovered yet another interesting tidbit about Whitney Houston.  They actually have obtained the 2007 court documents from her divorce hearing from her marriage with Bobby Brown.  In the papers there was a detailed breakdown of her assets and net worth valuation.  Her bottom line, in the 2007 income and expense declaration was $10,242,931 in various assets, and debts totaling $4,294,014.

Here is the breakdown (Rounded to nearest G!)

Radar refers to the balance sheet as shocking, but I don’t think it’s that shocking.  I’m not sure if they are saying that because they thought she had more?  Certainly over the last few weeks we’ve learned that she didn’t have a dedicated manager during some of her prime earning years, so she was not earning nearly what she should have been.  She wasn’t getting any checks from her music, she didn’t write it or produce it.  Kevin Costner and Dolly Pardon are stilling banking off “I will Always Love You”.

The real question is what is her assets looking like now!  2007 was before the recession.  She could easily be upside down on the house in Atlanta.  The details of her recording contract were left out of the divorce papers.  The pre-nup left that untouchable.  That also might be where the money owed to Sony is as well.

With the Oprah interview with Whitney’s daughter scheduled to air on Sunday, I’m sure there will be lots more Whitney Smack Talk  before Monday.

COSMO