Rihanna had already established her millionaire status when she almost lost it all. As reported by the New York Daily News, Rihanna had $11 million in the bank early in 2009, but the amount dwindled to $2 million by year’s end. According to a lawsuit Rihanna filed against her accountant Peter Gounis of Berdon LLP, the “Diamonds” singer was advised to purchase a home around the $7 million price range, which she did. The docs stated that the house was damaged from water and mold and Rihanna ended up selling the house and losing $2 million in the process. The suit also states that her “Last Girl on Earth” tour was in the hole financially but she wasn’t made aware of that fact by Gounis.

Following the lawsuit, which claimed gross mismanagement of her funds, Rihanna’s former accountants countered with their own suit against the singer, per TMZ. The firm, Berdon LLP, stated that Rihanna’s “own financial action or inaction” was her own fault. After battling it out, Rihanna and the accounting firm settled, with the singer receiving more than $10 million, as reported by Page Six. By that time, Rihanna had accrued her losses and was worth $43 million, but her smart business acumen was what led her to join the billionaires club.

Read More: World News | Entertainment News | Celeb News
Nicki

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Why are British farmers pleading for a universal basic income? | Agriculture News

A new lobby group in the United Kingdom is calling for a…

Fitch Ratings upgrades Qatar to third-highest on back of gas expansion | Oil and Gas News

Revenues from Qatar’s LNG fields will provide budget surpluses until the 2030s,…

Empty Nester Leah Remini Gets In Her Feelings Over Her Daughter’s Life Choices

So, good news first. Leah Remini actually did get to spend a…

Lily Bowman Height, Weight, Net Worth, Age, Birthday, Wikipedia, Who, Nationality, Biography

Table of Contents Lily Bowman is a well known Instagram star, Model,…