Leibovitz in Cash Crunch

Annie Leibovitz's troubles are mounting: “The highly paid celebrity photographer, who reportedly makes $2 million a year from Vanity Fair and also rakes in handsome fees for her corporate work, has not settled an overdue debt with a lighting company and now is being threatened with involuntary bankruptcy,” reports Page Six. In December B2Pro Lighting sued Leibovitz for $392,036, and the company claims she still owes $189,710. A lawyer for the company tells Page Six Leibovitz is now considering bankruptcy. Another $400,000 lawsuit against Leibovitz is pending, and at the end of last year she signed away the rights to all her photographs to help battle her debt.