Rihanna Broke?
Posted on 18. Aug, 2008 by Blogger in Rumors
Rihanna’s now ex-business manager Patricia Willliams has been recently fired as she recalls “for no good reason, all in ignorance” and is “livid” with Rihanna & her management company Rebel One’s decision to axe her. According to our insider the Pop Singer is down to $20,000 dollars in her Account.
Rihanna recently met with Willliams to check on her accounting affairs and was shocked to see that almost all her money was missing. She instantly accused Willliams of “stealing her money.”
“I’m a professional Business Manager, I have a staff of more than a dozen, I have worked for many high profile actors, musicians and multi-million dollar corporations. Why would I steal from Rihanna?” She continues, “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”
The Barbados born singer has had four back-to-back albums, including a re-release since her debut of “Pon De Replay” in 2005.
According to Willliams, Marc Jordan, manager and owner of Rebel One Management has been taking care of Rihanna’s financial situation with her. “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.” Since 2005, Rihanna has been sponsored by the likes of JC Penny, Samsung, Covergirl, Secret, Venus Breeze etc,. and has gone on two major tours, most recently label-mate Kanye West’s “Glow in the Dark” Tour and with PussyCat Dolls across Europe.
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