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.
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 the 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.
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