If you recall … RiRi sued her former accounting firm – Berdon LLP — claiming they mismanaged her dough and failed to inform her that her 2009 “Last Girl on Earth” tour was losing cash.
Rihanna says her accountant made so many boneheaded decisions that he blew her fortune and she was “effectively bankrupt” by the end of 2009.
She claims in new legal docs she had $11 MILLION in cash at the beginning of 2009. The singer 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.
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.
BTW … Rihanna has rebounded nicely. Her net worth is now estimated at $43 mil.
Filed under: Foreign News Tagged: Rihanna went bankrupt
