Boy George finally addresses bankruptcy rumours after feud with ex-lover Jon Moss

On Saturday 24 June, Boy George joined Rod Stewart where the two pop legends gave a memorable performance.

Almost immediately after the performance, rumours blew up about Boy George’s possible bankruptcy.

But as the news went around, Boy George himself took to Twitter to deny the damaging rumours.

Here’s what happened.

Why would Boy George go bankrupt?

Boy George and his former Culture Club bandmate, Jon Moss have been involved in a lawsuit since 2018.

This started when Moss was allegedly ‘expelled’ from the band during their world tour. Following his supposed exclusion from the group, Jon Moss launched legal action against his former bandmates claiming that missing out from the tour meant that he ‘missed out on £200K in profits.’

But this feud between Boy George and Jon Moss goes beyond the Culture Club.

Indeed, in the 1980s the two were not just colleagues but also lovers and their romance has been classified ‘turbulent’ with ‘alleged physical and verbal abuse on both sides.’

In 1999, Boy George told The Independent:

It's not like I ever really got what I needed from Jon. I loved him more than anything in the world, but in hindsight, it was a very dysfunctional relationship

This of course created years of tension within the group which is now culminating in a lawsuit.

In March 2023, a court order ‘required’ Moss’ ex bandmates to pay him ‘£1,75 million immediately.’

Boy George denies financial trouble

Since the rumours are going around, it was only natural that they reached Boy George’s ears.

On Twitter the singer first mocked those rumours.

Read more: I’m a Celeb: Boy George branded as ‘obnoxious’ by TV host

He then felt the need to reassure his fans by saying:

It should also be noted that Boy George has a net worth of $50million.

On top of that, in December 2022, he listed his London home for £17million. To this day we do not know if Boy George has managed to sell his ‘Gothic mansion’ yet but if he does, he should be well clear of bankruptcy.

Read more:King Charles owns this 'blue house' in Romania where you can stay for £100 a night (PHOTO)

Sources:

Smooth Radio: Rod Stewart and Boy George give stunning duet of 'The Killing Of Georgie' for opening of joint tour

CelebrityNetWorth.com

Evening Standard: Boy George’s Grade II-listed Gothic mansion in north London on sale for £17million

Daily Mail: Boy George's showbiz firm 'goes BUST with £1M debts': Culture Club singer is 'facing bankruptcy' after relationship with drummer Jon Moss turned into bitter feud that split band and sparked legal battle over their profits