Shakira, who’s net worth is estimated to be about $200 Million and who stands at no. 40 of Forbes Power Women, has been sued by her ex-manager for a whopping $100 Million.
Shakira made her millions after her songs “Hips Don’t lie” and “Waka Waka” became block-buster hits.
Shakira is now locked into a legal battle with her ex-manager, a worthy gent named Antonio de la Rua, who wants his pound of flesh from Shakira’s fabulous success.
Shakira filed the first salvo by filing a lawsuit in the Bahamas against Antonio de la Rua accusing him of siphoning off funds by paying himself unauthorized bonus and booking personal expenses. In a counterblast, Antonio de la Rua has filed a lawsuit in the Superior Court of California alleging that he was responsible for Shakira’s stupendous success and that she was seeking to short change him. Antonio de la Rua claims that he got Shakira a number of lucrative deals such as the one woth Live Nation (worth $300 Million), sponsorship deal with Telefonica ($9 million) and a perfume deal with Puig (2 million GBP pre annum).
Antonio de la Rua claims that Shakira wrongly terminated the deal and that he is entitled to damages.
The entire text of the suit filed by Antonio de la Rua against Shakira is available at hooywoodreporter.com
Now, the point to be noted is that Antonio de la Rúa is quite big-ticket in his own right. He is the oldest son of former Argentine president, Fernando de la Rúa (who governed Argentina from 1999 to 2001) and has millions of his own. Antonio de la Rua owns and develops a 700-acre (2.8 km2) Bahamian island called Bonds Cay which has Pink Floyd’s Roger Waters, Shakira and Spanish singer-songwriter Alejandro Sanz among its future residents.
What is more interesting is that Antonio de la Rúa is Shakira’s ex-boyfriend. They were a lovely couple till they separated in August 2010.
Shakira’s Net Worth of $200 Million stands at great risk if this misconceived suit by ex-manager and ex-boyfriend Antonio de la Rua goes against her. On the other hand if she is able to turn the tables on Antonio and prove that he siphoned off moneys from her and hopefully recover some money from him, her net worth would get a boost.