Rihanna is suing her accountant who she claims gave her bad advice, leaving her “effectively bankrupt” in 2009.
Rihanna is doing pretty well for herself, so it comes as a shock that the singer says she had hit a point where she was “effectively bankrupt” back in 2009.
RiRi is suing her former accountant, who she claims gave her some pretty suspect financial advice that year. Apparently, the adviser told her to go ahead and buy a 7-7.5 million dollar home, when she was not in the market for that type of purchase.
At the beginning of 2009, the singer had $11 million in the bank, but was left with only 2 million by the year’s end, with doubled expenses and a tour that was losing money– which the accountant allegedly neglected to inform her of.
Turns out, she had to sell her house, and lost another $2 million in the process. She forwarded new legal documents claiming all of this, in support of her ongoing suit with accountant for gross mismanagement.
So was RiRi really “bankrupt”? Probably not, but it does seem like she was unnecessarily tight for money– being one of the biggest pop stars in the world and all.
Either way, she’s certainly bounced back, with her net worth currently at $43 million.
[via]
