Rihanna sues ex-accountants, claims she lost millions
Rihanna is suing her former accountants, claiming that they mismanaged her finances and caused her to lose out on tens of millions of dollars.
In a filing made in New York on July 3 under her real name, Robyn Fenty, the 24-year-old Grammy-winning pop singer is seeking an unspecified amount in damages from accountancy firm Berdon LLP and two of its accountants, whom she had fired in 2010. The parties have not commented.
Rinanna and tour company, tourihanna, claim that the firm caused "significant financial losses" by charging "exorbitant" commissions totalling tens of millions of dollars from Rihanna's "Last Girl on Earth" 2010 tour and that the accountants earned more than Rihanna from its total revenues - 22 percent versus 6 percent paid to her, according to the Associated Press.
The singer's lawsuit also claims that Berdon mishandled her foreign and domestic taxes, which has led to an IRS audit, and failed to monitor unpaid song royalties.
The singer has achieved worldwide fame with over five successful studio albums with hits such as "Umbrella," "Rude Boy," "Hard," "What's my Name?" and her 2012 hit "We Found Love." The singer has been nominated for 18 Grammy awards in her seven year career, taking home five in various categories such as Best Rap Song and Best Dance Recording.
According to Forbes, Rihanna has made $53 million dollars as of May 2012.