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.
I could not care less what this wacko does
ReplyDeleteThey 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.
ReplyDeleteShe's already done the umbrella endorsement, so she'll have to sell something else the public associates her with when her money runs out.
ReplyDeleteSo anti-chlamydia Rx drugs, I suppose.
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.
ReplyDeleteFivehead!
ReplyDelete@FSP - that took me a second, then I laughed so hard the sip of water I just took came out my nose!
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ReplyDeletePoor Fivehead. She won't be able to buy hats and drugs anymore!! Waaaahhhh!
ReplyDeleteShe 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.
ReplyDeleteIs it sad that I was recently thinking about the post Ent made about her former accountant? Yes, I believe so.
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ReplyDelete@whocaresnow12, look at the link below. She does make 8 figures.
ReplyDeletehttp://www.forbes.com/celebrities/
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.
ReplyDeleteShe's stupid and had no direction....you would think JayZ would have set her up properly
ReplyDeleteNO, 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.
ReplyDeleteThe 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 $$
Sad to see that her lack of talent is matched by her lack of intelligence...
ReplyDeleteHi, 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!
ReplyDeleteColor 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%?
ReplyDeleteOh and she prolly didn't notice cause she is whacked on all the time.
ReplyDeleteGeez, my dog would notice if I kept the larger part of a doggie treat!
ReplyDelete@del roflmao!
ReplyDeleteShe had to invent a place to put the blame because she can't remember paying her drug dealers the missing millions.
ReplyDeleteI 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
oh sorry, can someone tell me how to make a link clickable?
ReplyDelete@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.
ReplyDeleteI know alot more about sports than I do about entertainment, but I think alot of the same things cross over.
ReplyDeleteMany 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.
If it were a hot guy, y'all would be out in force bashing his accountants.
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