Rihanna Reveals She Was Bankrupt in 2009

Well this is news that we never really saw coming. It turns out, according to reports, that Rihanna was basically bankrupt in 2009.

In legal documents that were obtained by a well known gossip blog, she had $11 million at the start of 2009. She alleges that due to gross mismanagement by her accountant, she was given the go ahead to purchase a $7 million home that in reality, she couldn’t afford at the time.

Combine that with other spending approvals and the singer blew through $9 million over the course of one year. While she had $2 million left, her expenses doubled in that year, and she found herself in financial disarray.

There were also claims on the legal documents that stated her 2009 ‘Last Girl on Earth Tour’ was actually losing money, but the singer was not informed at the time.

We hope everything works out, because we love us some Rihanna, and she’s worked hard for that money!

Source: TMZ


More From New Music, Music News, Concerts, Gossip - 97.1 AMP RADIO

Mornings with Carson Daly
97.1 Seconds With

Listen Live