CHICAGO – It has been reported that Oprah Winfrey one of the most powerful women in show business has reportedly filed for bankruptcy.
According to her Financial guru Max Manel, “Poor financial decisions, poor political decisions, and now she’s just poor. Her biggest downfall by far is her O Network. Ever since its conception, it’s 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.”
Oprah Winfrey, who just two years ago was worth an estimated $2.9 billion dollars – is now almost penniless, according to insiders.
“She, like many people, really feels a need to be loved by everyone,” said Oprah’s close friend, Mary Williams. “Her 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 people’s love with cash and presents. Until the O Network launched, and immediately bottomed out, she could afford to give out lavish gifts. But because of the complete failure of the network, plus the millions of dollars in cars, boats, trips, and every other ridiculous thing she gave away on TV, she’s just left broke.”
“It’s sad, so sad to watch,” said an anonymous intern at the O Network. “All she does is eat Bon-Bon’s and ice cream. Now that she’s broke, no one returns her phone calls. She watches E! News and sees Beyoncé and Jay-Z at parties with President Obama, and cries because she wasn’t invited, too. So, so sad.”