Enrique Iglesias's manager has denied a rumor that the "I Like It" singer is going bankrupt and even joked about it.

The "I Like It" singer dismissed rumors through his manager that he had no money after building a new Florida mansion where he and girlfriend Anna Kournikova plan to live.

"We really didn't know where such report came from," manager Joe Bonilla said Monday.

"Next, it'll be reported that he lives under a bridge and will even open a help line for donations for his cause," Bonilla told Mexican newspaper El Universal.

"Enrique doesn't even know how much the cost is, it's been reported that it's $15 million but that's the wrong amount," he added.

Bonilla also said Iglesias was previously named the Latin singer with the most income by Billboard.

Tags: Enrique Iglesias