Rihanna Net Worth: Rihanna is Now a Billionaire, It’s Official!
Barbadian-born singer, songwriter, actress, and businesswoman, Rihanna hails from Barbados. Rihanna has a net worth of $1.7 billion. As a result, she is the world’s richest female musician. It’s no secret that Rihanna is one of today’s most well-known and lucrative recording artists. Let’s discover the Rihanna net worth.
The value of her Fenty Beauty Line, a partnership with luxury goods company LVMH, accounts for a significant amount of her personal worth. The company’s annual revenue is in the vicinity of $100 million. It is said that Rihanna owns 50% of the relationship and the brand is worth between $2-3 billion and $3 billion in revenue. A lingerie business named Savage X Fenty, which is presently valued at $1 billion is owned by her as well.
Rihanna makes between $40 and $80 million a year from her growing business empire. For instance, she made $65 million between June 2018 and June 2019. She made $45 million between June 2019 and June 2020.
Rihanna Early Life
On February 20, 1988, Robyn Rihanna Fenty was born in Saint Michael, Barbados. She is of Irish, Afro-Guyanese, and Afro-Barbadian ancestry.
Due to her father’s alcoholism and crack cocaine use, she had a difficult upbringing and found refuge in music. Evan Rogers, an American record producer, spotted her in Barbados and took her to the country where she recorded demos and was signed to their production firm, Syndicated Rhythm Productions.
Rihanna Music Career
Rihanna was called to audition for Jay-Z when the rapper Sean Carter, better known by his stage name Jay-Z, who was serving as CEO of Def Jam Records at the time heard her demo. In 2004, she was instantly given a record deal that included a total of six albums.
Her first studio album was called “Music of the Sun,” and it was made with the help of several producers, including Jay-Z. (Aug. 2005). This was followed quickly by the release of “A Girl Like Me” in April 2006. This was Rihanna’s first album to get the highest possible platinum certification from the RIAA.
“Umbrella,” the most popular song from “Good Girl Gone Bad,” sold more than 8 million copies around the world and won her and Jay-Z a Grammy Award in 2008 for Best Rap/Sung Collaboration. The album “Good Girl Gone Bad” came out in 2007, and music critics gave it great reviews.
After “Rated R,” which came out in 2009, she released “Loud” in 2010, “Talk That Talk” in 2011, “Unapologetic” in 2012, and “Anti” in 2013. (2016). “Run This Town,” which she recorded with Jay-Z and Kanye West in 2009, “Love the Way You Lie,” which she recorded with Eminem in 2010, “Princess of China,” which she recorded with Coldplay in 2012, “Take Care,” which she recorded with Drake in 2012, and “This Is What You Came For,” which she recorded with Calvin Harris in 2016.
Rihanna has won a lot of awards over the course of her career, but the nine Grammy Awards, the twelve Billboard Music Awards, the thirteen American Music Awards, and the eight People’s Choice Awards stand out the most.
Rihanna Acting and TV
In “Bring It On: All or Nothing,” in which she appeared as a cameo herself, Rihanna made her feature film debut. “Styled to Rock” aired in the United Kingdom in 2012, followed by an American version in 2013.
Battleship (2012), Valerian and the City of a Thousand Planets (2017), Oceans 8 (2018), and Guava Island (2018) are some of the other films she has appeared in (2019). This is her first animated film role, and she also released a concept album soundtrack for her role as Tip in the film “Home” in 2015.
Rihanna Business Empire
Rihanna has been able to turn her fame into a number of profitable business ventures and deals. In 2015, she signed a $25 million deal to promote the Galaxy line of products from Samsung. She has also done work for MAC Cosmetics, Budweiser, Armani, Dior, Cover Girl, Gucci, Clinique, River Island, and Gucci.
In 2014, she became the creative director of the sportswear company Puma, where she is in charge of the women’s line and makes partnerships for clothing and shoes that sell out quickly. She is a co-owner of the music streaming service Tidal with famous people like Jay-Z, Madonna, and Kanye West.
In conjunction with LVMH’s Kendo Brands, Rihanna debuted the Fenty Beauty makeup collection in September 2017. The brand’s initial two-month revenue was $100 million. The line generated $570 million in 2018.
Based on a 7X sales multiple, it is feasible that the entire worth of the brand would be between $2 and $3 billion. According to reports, Rihanna owns fifty percent of the brand. At these estimations, Rihanna’s share is valued between $1 and $1.5 before taxes.
In addition to Fenty Beauty, Rihanna co-owns the 2018-launched lingerie brand, Savage X Fenty. She holds a 30% stake in this brand. Today, the value of Savage x Fenty is $1 billion.
She formerly owned the fashion and accessories label Fenty. This company was discontinued.
Rihanna Personal Life
Rihanna has had a number of high-profile relationships, including flings with artist Drake (from 2009 through 2016) and Saudi businessman Hassan Jameel (2017 to January 2020). Her most well-known relationship, though, was with the American artist Chris Brown.
Back in 2009, there were rumors that Brown, who was then her boyfriend, had assaulted her physically. Following that, pictures of Rihanna with visible facial injuries were published online, confirming the first reports.
After accepting a plea deal, Brown was sentenced to community service and five years of counseling for felony assault and criminal threats. It was just for a few months in 2013 that Rihanna and Brown reunited.
Rihanna reportedly paid $50,000 a month to rent a Manhattan penthouse from 2013 to 2017. After that, she relocated to England and rented a $20,000-per-month property in West London.
Rihanna paid $5.545 million in October 2014 for an apartment in Century City, Los Angeles.
As of 2017, she now owns a house in Hollywood Hills. She suffered a terrifying break-in about a year after purchasing the house. Rihanna waited six months before putting the house on the market, asking $7.5 million for it. She still hasn’t found a buyer, so she’s renting the house out for $35,000 a month until she does.
A multi-million-dollar Barbados estate is apparently also hers.
According to records, Rihanna spent $13.8 million on a Beverly Hills mansion in March of 2021.
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