Is Rihanna Having Financial Problems? A former employee says she is By: Daniel Melia Monday 18th Aug 2008
Rihanna is reportedly just about keeping her head above water financially despite her phenomonal success over the past year.
It seems that RiRi's high end living is catching up with her and her bank account isn't looking as good as it used to.
The singer's former accountant and business partner Patricia Williams says that Rihanna is currently $20,000 in the red according to SOHH.
However, this might just be sour grapes as Williams was recently sacked by Rihanna's management company Rebel One.
Williams says that Rihanna has a bad deal with Def Jam which has forced her management to use other monetary sources such as endorsement deals to help break her in international markets.
Is Williams just bitter or is Rihanna just not good with money?
I read that her own money was being used to promote her & her videoes rather than the record label shelling out money to do so. Well to some degree this strategy has worked, but Rih Rih isn't the wealthiest singer out there because of this management of her money.
Wednesday, August 27th 2008 at 2:19PM
Jen Fad
