In the news|February 12, 2014 09:23 EST
Rihanna Net Worth at $43 Million, Claims She Was 'Effectively Bankrupt' in 2009
Pop Star Rihanna has had a load of success in the past couple of years but she has a rough patch a few years back, the Barbados native is blaming her accountant for making her "effectively bankrupt" in 2009.
TMZ reports that the singer claims in new legal documents that she had $11 MILLION in cash at the beginning of 2009 and by the end of the year she had $2 million left.
Rihanna states in the document that her accounting firm, Berdon LLP, gave her the green light to purchase a house priced between $7 and 7 1/2 million that year. In which she eventually sold and took a 2 million loss.
The legal paperwork also claims her "Last Girl on Earth Tour," that same year was losing money but her accountants never made her aware of that.
The pop princess filed suit in 2012 alleging gross mismanagement. Her former accountants retaliated stating it was the 'Diamonds' singer's "own financial action or inaction" or the work of those close to her caused her to lose millions ... not them. In the ongoing battle a judge has yet to rule.
They also dismissed the star's previous claim that she paid an "above-average" commission of 22 percent because it was something she had signed off on herself.
Although was once allegedly bankrupt the singer has successfully bounced bank. Her net worth is now projected at $43 Million on Forbes.com. Her new album Unapologetic, is her seventh studio album in seven years.
The songbird's bankruptcy days should be long behind her now. Along with her now blooming acting career many of her songs rank among the world's best-selling singles of all time. She has sold over 30 million albums and 120 million singles worldwide, which makes her one of the best-selling artists of all time.