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Shakira Claims Bankruptcy As Part of Her Success

Colombian pop star Shakira, whose hit single “Hips Don’t Lie” is the most played record in American radio history, says she became a musical sensation and global philanthropist due to her family filing for bankruptcy when she was 8-years-old.

At the age of 18, Shakira founded the Barefoot Foundation, a charity to aid poor children in her native Colombia receive an education. She later expanded her reach to become a UNICEF goodwill ambassador.

And all of that began when she had the rug pulled out from under her as a child in Barranquilla, Colombia.

In a recent interview with CNN, Shakira said she vividly recalled the day “which I entered our apartment and my dad had sold all the furniture we had and the air-conditioning. We lost both our cars.” She said she was “very upset.”

“I couldn't believe my eyes, I couldn't believe how my parents allowed such a failure in business,” she said.

Shakira said because she was struggling to embrace the bankruptcy, her parents took her to the park, where she saw “many kids who were orphans and barefoot and sniffing glue.” She said her parents wanted “to show me another reality that was much worse than mine to make me gain perspective on things.”

The Grammy Award-winning singer said that it was that visit to the park that changed her life. She said she made herself a promise that day to “someday succeed to vindicate my parents’ social and economic position.” But she said she also wanted to do something about children like the ones she saw that day.

Shakira, who is a singer-songwriter, musician, producer, dancer, and philanthropist, described herself as being “obsessed” with child education and its contribution to national and global security.

Shakira, who has sold more than 50 million albums worldwide, said that she believes education “not only boosts economic growth, but also guarantees national and global security.

She described education as being “without a doubt” the best strategy for fighting poverty.

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