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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.
Patricia Williams, who was recently released from her duties as Rihanna's accountant, tell all to New York's Page Six revealing that the singer is broke, check out the report:

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.

"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.





.................................................. more infor vvvvv

Patricia Williams, who was recently released from her duties as Rihanna's accountant, tell all to New York's Page Six revealing that the singer is broke, check it out the report:

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.

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.

"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.

"Why is Def Jam lacking in funding support for there act? Why was so much money spent? How much exactly? Williams continues,

"Her record label Def Jam has put out 3 albums in a time span of 2 years. Alot of that was orchestrated through her management Rebel One. It was never Def Jam's intention to release so many albums back-to-back but Marc Jordan found loop holes and ways to make it happen.A lot of the money Rihanna made through her endorsements between CoverGirl Cosmetics, Samsung.. Notice that majority of Rihanna's videos have a cell phone in it?"

"After the release of Rihanna and Teairra Mari, Def Jam had intention to drop both acts because their album sales were not successful. Her manager fought to get [S.O.S (Rescue Me)] and quickly tried to negotiate with as many companies as possible. Nike picked up the song and funded a video. This brought the hype back for Rihanna in the company's New York office. Majority of the official 'S.O.S' video was funded by Samsung because the record label was only willing to put up a small amount. Once 'S.O.S' picked up digitally and at radio, Def Jam agreed to fund the rest of her album. Jordan instantly got a video shot to 'Unfaithful' (he negotiated with video director Anthony Mandler to drop his price and would be given more videos from Rihanna in return). Then they shot 'We Ride' which was an extremely cheap video to create. 'Break It Off' was released as a third album, but again, Def Jam was unhappy with the sales of her album "A Girl Like Me" and refused to shoot a video. At this point Rihanna was opening up for the PussyCat Doll's in Europe. She was making 30,000 a show but she didn't see any of that money because it was needed to fund her next album." Which is now known to the greater public as a 'Good Girl Gone Bad'."

The song "Umbrella" was found & Jordan fought again for Rihanna to have it. They shot the video, which CoverGirl funded half of, and the song became a success. When the record label had there meeting with Music Stores across the U.S to order her album for shipment, the number's weren't coming in the way that they expected. When the album's first week numbers came in at less than 150,000, the label was shocked. Def Jam's President LA Reid was livid! Umbrella was #1 for 11 weeks! Any other artist would have sold way more first week. T-Pain even did better in sales than her that week. Def Jam told Jordan they were no longer funding the album, so Jordan needed money again to pay for music videos 'Shut Up & Drive' and 'Dont Stop The Music'. Almost 250,000 was spent to have those videos created. Plus, an additional 120,000 to shoot 'Hate That I Love You'. Jordan was noticing that 'Dont Stop The Music' was picking up, so her persuaded the label to support it at radio in the U.S and the remaining singles, and they did."

"Then came for the repackaging of her album 'Good Girl Gone Bad', which is called 'Good Girl Gone Bad: Reloaded', that entire project was funded through Rihanna's money. 'Take A Bow' was bought through her money, the video was created with her money and so is her most recent video and single 'Disturbia'. The label didn't even want to pay a dime for anything! Close to 750,000 was spent on those two songs alone. And now she expects to see money in her account?"

Williams states that Jordan, her publicist from well-respected public relations firm 42-West, Alicia Silverman has built alot of hype around Rihanna's name but the singer has only made "a little bit above a million" and "all of it was spent on making her as big as she is now.It's not my fault that she only has 20,000 to her name."

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Yung_Rich

lmaooo damn she betta try 2 Hubby Up Chris Breezy

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thegamedmx286

^^^^^^^^^^^^^^lol

citystarz™

yeh rhiannas probly as broke as dj khaled since she has 2 pay song writers and shit and khaled has 2 pay all his featured artist and he dont sell much and she only sells moderately

Gunit_Shady

Rihanna is a multi platinum selling artist , dj khaled not still like his music tho

*50*CENT*WIFE*

Bullshit anyway next...

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yemz

i cant believe this

she is waaaay to successful to be broke

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EnVy Me

LMAO.. How Fake, The Girl Has 2 Hit Singles In The Top 5 On Almost Every R&B Chart... .

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P.ray U.ntill S.omething H.appens

*50*CENT*WIFE*

^^^basically and many endorsements...

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B.I.S.D 09 ;)

J-Banks

put your source up

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JBanksblog.com - check it out
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gemini86

nigga fuck a source. go do somethin

but anyway. she cant be broke. she always touring overseas and her singles always be poppin. so iono. u never know what ppl actually do with their money

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Firefly5

Don't believe this. Even if her endorsement money is mostly used to fund her albums, she still gets paid from all those tours.

suss3it

Did you guys even read the article? It shows valid reasons as to why she doesn't have a bunch of money.

She really ain't that successful, does she even have a platinum album?

Lil Bad Uno

double post

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Lil Bad Uno

co sign motherfucker getting radio plays and records sales confused

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Sonny Black

yeah i can see her being broke as hell with those circumstances, def jam doesnt financially back her enough to push her as a worldwide superstar.....fuckin manager took it upon himself to use her money from endorsements to pay for promotion and tour expenses and the worst part is the guy didnt inform her so the accountant is getting styled on...haha i thought i'd say this in case some dumb ass doesnt wanna read the whole thing

50=Cent

she will never be broke.. just like Mike Tyson...

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" All money ain't good money but i want it,
you can give me a blood diamond with blood on it "

The Prince

she will never be broke y'all got to know that she makes the majority of her money overseas...people in europe are running crazy for her

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