Thursday, February 13, 2014

#CODED-ish News::Rihanna Goes Bankrupt?RiRi Blames Accountant For Mismanagement Of Funds

8:29 AM

Gunning down 9 million dollars in one year is no small issue, but did she do that?

Pop super star Rihanna has openly declared bankruptcy … but not in 2014! She claims her then accountant fooled her into spending enormous cash acquiring stuff not knowing her bank account was bleeding seriously! Yes, we are talking about 2009! 
Legal documents in connection with a lawsuit Rihanna filed against her accountant , claiming gross mismanagement has popped up and according to TMZ, RiRi says her accountant made so many boneheaded decisions that he blew her fortune and she was "effectively bankrupt" by the end of 2009.

The Not Now singer claims in new legal docs she had $11 MILLION in cash at the beginning of 2009.  Rihanna says the accountant was not on the ball and she was horrified to learn at the end of the year she had $2 million left. To make matters worse, her expenses doubled, which left her on a financial cliff.

We are still trying to wrap our heads over how Rihanna blew through $9 million in one year but 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 last year.

Her recently filed documents also claim her 2009 tour - Last Girl on Earth Tour - was losing money but the accountant never gave her the heads up.

Well, not to panic, Rihanna has rebounded nicely.  Her net worth is currently estimated at $43 MILLION.

Now, isn't that something?

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