"Pour it up, pour it up. Watch it all fall out..." -Rihanna (Literally, watch your money fall out if you're not careful)
Check your receipts ladies and gentlemen, because the accountants are robbing everybody!
Next up to be inducted into the bankruptcy club is none other than pop singer Rihanna.
Legal documents recently surfaced that were filed by the Bajan beauty claiming her accountant mismanaged her funds; which ultimately led to the singer having to file for bankruptcy in 2009.
According to TMZ the documentation states at the beginning of 2009 Rihanna had $11 million in cash, but by the end of the year only had $2 million to show for.
So how did RiRi manage to blow $9 million in 1 year? She says her accountant put his stamp of approval on buying a house priced around $7 million even though her bank funds didn't really allow for that kind of splurge.
The legal docs were in connection with a lawsuit Rihanna filed against her accountant claiming gross mismanagement.
Since giving her accountant the boot, Rihanna's net worth is said to be around $43 million.
Net worth goes from $2 million to $43 million, all from getting rid of a dirty accountant? Good job Rih! Jay Z's financial classes may have helped with the decision making too.
via TMZ
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