Home » Celebrity News » Rihanna wins $10 million settlement after accountant’s bad advice almost rendered her bankrupt

Rihanna wins $10 million settlement after accountant’s bad advice almost rendered her bankrupt

Rihanna at Barbados

Rihanna has won a multi-million dollar settlement after she nearly went broke based on bad advice from her accountant, a source exclusively tells Page Six of the NY post.

Rihanna, suing under her real name Robyn Fenty, sued claiming accountant Peter Gounis andthe firm Berdon LLP gave her the green light to buy a $7 million Southern California house even though she was bleeding cash in 2009.

The defendants advised Ms. Fenty by e-mail that purchasing a home in Los Angeles ‘would be a good investment’ despite knowing Ms. Fenty was experiencing financial difficulties, wrote Rihanna’s lawyer Edward Estrada. It was claimed that she lost $9 million, leaving her with just $2 million at the end of 2009.

Rihanna’s lawyers claimed Gounis was aware the house she was buying was rotting from water and mold damage, forcing her to spend more than $1 million on improvements before selling it for nearly $2 million less than what she paid.

Rihanna fired the accountants and sued them for $35 million in 2012.
Now we are told the firm has offered the singer a settlement of more than $10 million, and papers are due to be signed this week. Reps for Rihanna, whose financial position has vastly improved recently after earning enough to put her worth at about $43 million

See house below:

Rihanna's house


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