She is the world’s most famous celebrity photographer, whose trademark images include the naked and very pregnant Demi Moore for Vanity Fair, John Lennon wrapped fetal-style around his wife, Yoko Ono, for Rolling Stone, and a bare-armed First Lady Michelle Obama for Vogue.
Now Annie Leibovitz, 59, has used those iconic images - and indeed, every one she has ever taken or will take in the future - as collateral for two loans totalling $15.5 million from Art Capital Group to help her dig out from massive debt related, among other things, to a botched renovation project to several historic properties she owns in Greenwich Village.
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http://news.muckety.com/2009/03/02/annie-leibovitz-pawns-lifes-work-for-cash/12381
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