Did we talked about Rihanna suing her accountants that she worked with in 2009? Well, here’s the skinny. She’s made legal claims that their mismanagement made her “effectively bankrupt” by the end of 2009.
There’s been a lot of back and forth around getting her to provide more details. Well, she finally has. TMZ claims that in new court documents Rihanna had $11 million in cash at the beginning of 2009. However by the end of the year she only had $2 million left. To make matters worse, her expenses doubled, which left her on a financial cliff.
“As for how Rihanna blew through $9 million in one year … she says her accountant gave her the green light to buy a house priced between $7 and 7 1/2 million. So she took his advice. She ultimately sold the house for a $2 million loss.
She also claims her 2009 tour — Last Girl on Earth Tour — was losing money but the accountant never gave her the heads up.”
BTW … I would agree that RiRi has bounced back nicely. Forbes report that Rihanna had earnings of $43 million within the last year.
Read more: http://www.tmz.com/2014/02/12/rihanna-lawsuit-accountant-bankrupt/#ixzz2t7Gmmmu7
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