Rihanna is a singer, songwriter, actor, and businesswoman who was born in Barbados. Her debut album, “Music of the Sun,” propelled her to fame in 2005, and since then, she has been involved in a flurry of tours, award shows, talk show appearances, red carpet appearances, acting roles, and fashion empires.
She has sold 60 million albums and 120 million singles as of right now. She has the most digital music downloads ever. She holds the record for having the #1 songs on the Billboard charts (12) among solo artists before the age of thirty.
This page discusses net worth, early life, and career of Rihanna. So do read it till the end.
Rihanna Net Worth: How Much Money Does She Make?
As of 2023, the estimated value of Rihanna’s net worth is $1.7 billion. Rihanna is the richest female musician in the world according to her total wealth. One of the most well-known and financially successful musicians working today is Rihanna.
Her association with the luxury goods giant LVMH to create the Fenty Beauty Line has added significant value to her net worth. The company brings in well over $100 million annually.
It is said that Rihanna owns 50% of the partnership, and the brand is valued between $2 and $3 billion. She also holds a 30% stake in Savage X Fenty, a lingerie company with an estimated $1 billion in market value.
Rihanna’s burgeoning business brings in somewhere between $40 and $80 million every year. For instance, she made $65 million between June 2018 and June 2019. Her earnings from June 2019 to June 2020 were $45 million.
|Full name||Robyn Rihanna Fenty|
|Net Worth||$1.7 billion|
|Date of Birth||Feb 20, 1988|
|Place of Birth||Saint Michael Parish|
|Age||34 years old|
|Profession||Singer, Fashion Designer, Actor, Music Artist, Songwriter|
Rihanna’s Million-Dollar Deals with Top Companies
Rihanna has successfully tapped into her stardom to launch several lucrative business endeavors. She agreed to a $25 million deal with Samsung in 2015 to advertise their Galaxy line of products.
Secret Body Spray, MAC Cosmetics, Budweiser, Armani, Dior, Cover Girl, Gucci, Clinique, and River Island are just a few of the other companies she has worked with.
After joining Puma as creative director in 2014, she oversaw the company’s women’s line and introduced collaborations for garments and footwear that quickly sold out.
Along with other famous people including Jay-Z, Madonna, and Kanye West, she is also a co-owner of the music streaming service Tidal.
In collaboration with LVMH’s Kendo Brands, Rihanna debuted her Fenty Beauty makeup brand in September 2017. In its first two months, the brand generated $100 million in sales.
The line brought in $570 million in 2018. Based on a 7X revenue multiple, the brand’s overall value might be between $2 and $3 billion. According to rumors, Rihanna owns 50% of the company. The pre-tax value of Rihanna’s investment is $1 to 1.5 at these valuation levels.
In addition to Fenty Beauty, Rihanna also shares ownership of the 2018-launched lingerie line Savage X Fenty. Her share of this company is 30%. Savage x Fenty is currently worth $1 billion. She formerly owned the clothing and accessory company, Fenty. This company was shut down.
How Does Rihanna Invest Her Money?
Rihanna spent $6.9 million on a Beverly Hills property in 2009. The gorgeous home had a sleek, modern vibe, plenty of glass, high ceilings, and wood floors, and seemed to be the ideal setting for the 21-year-old singing sensation. Eight bedrooms and ten bathrooms were featured in the 10,000-square-foot house.
The house appeared to be the ultimate rock star pad thanks to its breathtaking views of the valley below, floor-to-ceiling windows, a large backyard with a pool, a tiled terrace, a magnificent open-plan kitchen with all new fittings, and a media room, among many other opulent luxuries.
In addition to other problems, the house, unfortunately, had a serious water leakage problem. Rihanna listed the ostensibly abandoned home in 2011 for $4.5 million, a considerable price drop.
She also filed a complaint at the same time, saying she was unaware of the structural issues because she had been told the house was in outstanding shape when she bought it. These issues include a curiously sloped balcony that essentially drains any rainwater into the house.
She agreed to pay $5.03 million for the house in 2012. The mansion was sold for $7.6 million in 2014 after the subsequent owner fixed the water problems.
John Legend and Chrissy Teigen spent $14.1 million on the property in January 2016. In 2021, they put the house on the market for $22 million, but only accepted $16.8 million a few months later.
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The Early Years of Rihanna
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, discovered her in Barbados and brought her to the country where she recorded demos and was signed to their production company, Syndicated Rhythm Productions.
Rihanna’s Career Success in the Music World
Rihanna was asked to audition for rapper Sean Carter, aka Jay-Z, who was the CEO of Def Jam Records at the time after he heard her demo. In 2004, she was instantly given a record deal for six albums.
Jay-Z was one of a group of producers she worked with to create her debut studio album, “Music of the Sun” (Aug. 2005). This was swiftly followed by “A Girl Like Me,” Rihanna’s first album to receive a platinum certification from the RIAA (April 2006).
The lead song from the 2007 album “Good Girl Gone Bad,” “Umbrella,” sold more than 8 million copies globally and earned her and Jay-Z the Grammy Award for Best Rap/Sung Collaboration in 2008. “Rated R” (2009), “Loud” (2010), “Talk That Talk” (2011), “Unapologetic” (2012), and “Anti” are some of her latter albums (2016).
The other prominent tracks she has worked on with other artists are “Take Care” (2012) with Drake, “Take This Town” (2016) with Calvin Harris, “Love the Way You Lie” (2010) with Eminem, “Princess of China” (2012) with Coldplay, and “This Is What You Came For” (2016) with Calvin Harris.
Rihanna Film Appearances and Voice Acting
The movie “Bring It On: All or Nothing” from August 2006 included Rihanna in a cameo as herself. Her television show “Styled to Rock” debuted in the UK in 2012, while the American version of the program debuted in 2013.
Battleship (2012), Valerian and the City of a Thousand Planets (2017), Ocean’s 8 (2018), and Guava Island are some of the other movies she has appeared in (2019). In addition, she provided the voice of Tip in the animated movie “Home” in 2015, along with a concept album soundtrack.
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