Entertainment

Rihanna hits hard times

Aug 25 03:10pm

Rihanna reportedly fired her business manager after discovering she only has $20,000 left in her bank account.

Patricia Williams claims she was recently "let go" after Rihanna accused her of stealing after discovering her pop fortune has all but disappeared.

Williams said: "It's not my fault that she only has $20,000 to her name. I have worked for many high-profile actors, musicians and multi-million dollar corporations. Why would I steal from Rihanna?

"I showed her all the paperwork and tried to explain to her the circumstances but she wouldn't listen. She called me all sorts of horrible names and stormed off.

"I now feel compelled to share with the world the background story as I will not allow my name to be slandered."

Rihanna's recent album 'Good Girl Gone Bad' has sold an estimated five million copies worldwide and she has toured extensively across the US and Europe this year. Williams claims the 20-year-old singer's record label Def Jam and her manger Marc Jordan are to blame for her financial problems.

She is quoted by a US website as saying: "Def Jam doesn't fund Rihanna properly, so Marc uses the money Rihanna makes from third-party endorsements and from tours to fund her album and music videos.

"I don't want to disrespect Marc's name. He is a fantastic manager and genuinely believes in Rihanna. But he uses her money to fund her future projects because he believes he can break her in the world-market. Her album sales are not nearly as close to her single sales and he knows that if she is only known as a 'singles artist' she will only be as good as her last hit. Unfortunately, he didn't inform his client and I'm receiving the brunt of it."

 

15 Comments Report Abuse
11. leanamcphail - Aug 28 11:54am
ohhh no! ONLY $20,000! thats terrible! maybe she'll even have to suffer through wearing the same thing twice!!!! Why do "stars" get paid so much in the 1st place all they do is spend it on jewllery and clothes how bout givin some money to people starving overseas!!!! im happy when i have $50!!!
12. walkon42 - Sep 03 12:46pm
I think there is something more to this than meets the eye or what is being said! Maybe some party is after the money they think she has so a plausible"story" supported be seemingly real documents to support the claims has been publicised to reveal that Rhianna has become "poor"!
13. lets1danz - Aug 27 11:17pm
It's no one else's business her business. Slandered you are, Patricia Williams for even talking about it. Let's not forget the talent and beauty that is Rihanna. She doesn't need anyone to bounce back, good on her for catching the problem soon enough. More power to you girlfriend...
14. wsr1963 - Aug 28 12:54am
Lets hope she does bounce back, it would be a shame to see her hit the bottom like Whitney H. Good luck babe.
15. johnk162 - Aug 28 06:17am
He was hired to look after her. He didn't so he is therefore liable for the loss of that money. I hope he had some business insurance because the lawyers are gonna have a field day with this one I reckon, and rightly so too.
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