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Nicki Minaj vs. Rihanna: Go Banking Rates Investigates Which AMA Nominee Will Lose Her Fortune First

Leading personal finance resource www.GoBankingRates.com investigates the spending behaviors of top AMA nominees, Nicki Minaj and Rihanna, to show readers that fame and fortune don’t bring real wealth without sound money management skills.

PRLog - Nov. 18, 2012 - The 2012 American Music Awards is bringing the nation's most popular entertainers under one roof, with die-hard fans anxiously awaiting a night of red carpet moments and exciting performances.

However, the two artists tying for most nominations – Rihanna and Nicki Minaj – are notorious for making poor decisions with their money. Go Banking Rates assesses the financial behavior of Nicki Minaj and Rihanna to reveal which performer’s finances are headed downhill fastest to prevent fans who may wish to emulate these stars from making the same mistakes.

As of May 2012, Forbes estimated Rihanna’s net worth at $56 million, much of which has come from album sales. She has also earned a hefty sum from her endorsement deals, which have included Nivea, Nike, J.C. Penney, and more recently, the Barbados Tourist Authority (BTA).

Nicki Minaj’s net worth, on the other hand, has been unofficially estimated at a much lower $14 million, largely thanks to millions in album sales and one quadruple-platinum single, “Super Bass.”

Despite the impressive numbers, both artists have also made headlines for experiencing ongoing financial turmoil. However, given these various past events, Go Banking Rates finds that one star is highly likely to go broke before the other. Readers are encouraged to gain insight from these mistakes, and learn that having musical talent does not equate to making smart money decisions.

Click here to read the full story. (http://www.gobankingrates.com/debt/nicki-minaj-vs-rihanna...)

About Go Banking Rates

Go Banking Rates (GoBankingRates.com) a national website dedicated to connecting readers with the best interest rates on financial services nationwide, as well as informative personal finance content, news and tools. Go Banking Rates collects interest rate information from more than 4,000 U.S. banks and credit unions, making it the only online rates aggregator with the ability to provide the most comprehensive and authentic local interest rate information. Go Banking Rates also regularly publishes expert advice from personal finance professionals.

GoBankingRates.com belongs to a network of more than 1500 finance websites, including GoInsuranceRates.com and GoFreeCredit.com. These sites receive more than 2 million visits each month.

For questions or comments, please contact:

Jaime Catmull, Director of Public Relations
310.297.9233 x261

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Source:Go Banking Rates
Location:United States
Industry:Entertainment, Finance
Tags:nicki minaj, rihanna, amas, american music awards, debt
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