Friday, July 06, 2012

Rihanna Sues Her Accountants


In a federal court in Manhattan yesterday, Rihanna sued her former accountants claiming they defrauded her out of millions of dollars and that she is now facing an IRS audit because of them. This will also be her excuse when she runs out of money in a few years and is doing commercials for some umbrella company. Apparently they charge Rihanna 23% of her earnings as their fees while Rihanna received 6%. I would be interested to see if someone from Rihanna's company signed the agreement and I bet they did and that it was easier for them to sign away a percentage then pay every month. No one cared when they signed it because she was not making any money to pay by the hour. It was only after she started making millions that she realized that she could afford to pay by the hour so is suing.

26 comments:

auntliddy said...

I could not care less what this wacko does

nolachickee said...

They receive 23% while she gets 6% of her earnings? She doesn't seem to be the sharpest tool in the shed, but damn, I know a few kids under the age of 10 who could negotiate a better deal than that.

Mari said...

She's already done the umbrella endorsement, so she'll have to sell something else the public associates her with when her money runs out.
So anti-chlamydia Rx drugs, I suppose.

Liz said...

There's more to this story. Berdon LLP and the two accountants were not doing their professional duty. Rihanna and her management hired people to do the job and they failed to do it.

FSP said...

Fivehead!

nolachickee said...

@FSP - that took me a second, then I laughed so hard the sip of water I just took came out my nose!

barleye said...
This comment has been removed by the author.
a non a miss said...

Poor Fivehead. She won't be able to buy hats and drugs anymore!! Waaaahhhh!

whocaresnow12 said...

She also thinks that she made 8 figures on that tour that they cheated her out of. She needs to get her ass to rehab STAT! She's more dillusional than ever.

shakey said...

Is it sad that I was recently thinking about the post Ent made about her former accountant? Yes, I believe so.

.robert said...
This comment has been removed by the author.
.robert said...

@whocaresnow12, look at the link below. She does make 8 figures.

http://www.forbes.com/celebrities/

Barton Fink said...

Years ago, the gossip was that she was bankrupt because she could not handle money at all. Her entourage ate up every dollar she made, and when bills came due on her ridiculous real estate purchases she could barely make the mortgages. I don't want to say mean things about Rihanna any more, so I'll just try to move on ... but, damn, girl, it's a little late in the game to be pulling an Elton like this.

MISCH said...

She's stupid and had no direction....you would think JayZ would have set her up properly

whocaresnow12 said...

NO, she thinks that she should have been paid close to a billion dollars for her tour in 2009-2010 and just recently noticed she was never paid that much.

The amount a tour or album grosses is NOT what the artist earns. Let's say U2 grossed $500milkion on their last tour. That doesn't mean U2 itself is getting $500m. Nope! They've got the overhead of the tour and the record company to pay. That's about $150-200m. Then the magnets and agents and publicist take their percentage not from what's left, but off the original $500m. Let's say altogether they get a total of 30% to split. So, now they've paid out about $300m and have $200m to split amongst the 4 of them.

But let's face it, Riri is hardly U2, and while she was paid her tour actually lost money. So, NO, she isn't owed close to a billion $$

Brian said...

Sad to see that her lack of talent is matched by her lack of intelligence...

Another Josh said...

Hi, I'm Rhianna, and you can stand under my umbrella ella ella ay ay ay, because I am fully protected with an umbrella policy from Traveler's Insurance!

luckylass said...

Color me confused. They receive 23% while she gets 6% ... where is the other 71%? Is she suing b/c 23% is too much, or b/c she is missing the other 71%?

luckylass said...

Oh and she prolly didn't notice cause she is whacked on all the time.

Del Riser said...

Geez, my dog would notice if I kept the larger part of a doggie treat!

tracynator said...

@del roflmao!

katsm0711 said...

She had to invent a place to put the blame because she can't remember paying her drug dealers the missing millions.

I personally don't believe in these secret society conspiracies but here's a silly video someone made of Rihanna trying to sell you that she's part of some dark satan worshiping society
http://video.search.yahoo.com/video/play?p=rihanna%20reptilian&tnr=21&vid=5054008880726386&l=262&turl=http%3A%2F%2Fts3.mm.bing.net%2Fvideos%2Fthumbnail.aspx%3Fq%3D5054008880726386%26id%3Defe63965dca5841bc76343364c5e205a%26bid%3DEh8jUZnifksYqw%26bn%3DThumb%26url%3Dhttp%253a%252f%252fwww.youtube.com%252fwatch%253fv%253dsiAbJmurNFw&rurl=http%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DsiAbJmurNFw&sigr=11a5f6k65&newfp=1&tit=Reptilian+Shapeshifter+-+Rihanna

katsm0711 said...

oh sorry, can someone tell me how to make a link clickable?

Kelsey K. Smith said...

@MISCH, I thought the same thing! I remember hearing she was pretty broke before "Umbrella" but these are the things that happen when you snort/smoke you earnings away... Doesn't she earn $500,000 for paid appearances? Anyway, don't feel bad for her one bit.

MrWolf said...

I know alot more about sports than I do about entertainment, but I think alot of the same things cross over.

Many athletes make insane amounts of money. Most end up broke.

Being very gifted at throwing a football doesn't mean being gifted at financial planning.

I strongly suspect that Rihanna's going to end up a cautionary tale.

Tatyana said...

If it were a hot guy, y'all would be out in force bashing his accountants.

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