A new report and court documents shows that Rihanna was effectively bankrupt by the end of 2009 after bad financial advice from her accountant.
Her financial advisors approved a request to buy a $7.5mil. home but neglected to tell her that she wasn’t making any money on her “Last Girl on The World” tour.
She had to sell the house with a $2mil loss just to have money in the bank.
Rihanna eventually bounced back and since then is not worth $43mil.
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