The Barbados-born singer, songwriter, actor, and businesswoman Rihanna has a net worth of $1.7 billion, making her the richest female musician in the world.
She is well-known as one of the most prosperous and well-liked musicians in the world, and her association with the luxury goods business LVMH, which creates the Fenty Beauty Line and brings in more than $100 million annually, has significantly added to her wealth.
According to reports, Rihanna owns 50% of the joint venture, and the brand is worth $2–3 billion. Also, she owns a 30% share in Savage X Fenty, a lingerie company with a $1 billion market cap.
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Earnings
Rihanna’s ever-expanding empire earns her $40 – $80 million annually. For instance, she earned $65 million between June 2018 and June 2019 and $45 million between June 2019 and June 2020.
Since her debut album “Music of the Sun” in 2005, Rihanna has been a prominent figure in tours, awards ceremonies, talk shows, red carpet appearances, acting jobs, and fashion empires.
Her album and singles sales have reached a staggering 60 million and 120 million, respectively, with Rihanna being the best-selling digital musician in history.
She is also the youngest solo artist with 12 #1 single on the Billboard charts and has won numerous prestigious awards.
Music Career
Rihanna was signed to a six-album record deal with Def Jam Records in 2004 after Jay-Z, the then CEO, heard her demo. She worked with Jay-Z and other producers on her debut single “Music of the Sun” (2005), followed by “A Girl like Me” (2006) and “Good Girl Gone Bad” (2007), which featured the Grammy-winning hit “Umbrella.”
Rihanna’s subsequent albums include “Talk That Talk” (2011), “Unapologetic” (2012), and “Anti” (2016). She has collaborated on several successful singles, including “Run This Town” (2009), “Love the Way You Lie” (2010), “Take Care” (2012), and “This Is What You Came For” (2016).
Acting & Television Pursuits
Rihanna made a cameo as herself in her film debut, “Bring It On: All or Nothing,” in August 2006. She premiered her television program, “Styled to Rock,” in the UK in 2012, followed by the American version in 2013.
Other films she has appeared in include “Valerian and the City of a Thousand Worlds,” “Ocean’s 8”, and “Guava Island.” Additionally, she voiced the character Tip in the animated film “Home” in 2015 and released a concept album soundtrack.
Business Empire/Billionaire
Rihanna has proven a successful entrepreneur with her various business ventures and partnerships. She has collaborated with many notable brands, such as Samsung, Secret Body Spray, MAC Cosmetics, Budweiser, Armani, Dior, Cover Girl, Gucci, Clinique, and River Island.
In 2014, she became the creative director of Puma, overseeing the brand’s women’s line and releasing successful apparel and footwear collaborations.
One of her most successful business ventures is Fenty Beauty, a makeup line she launched in partnership with luxury goods maker LVMH’s Kendo Brands in 2017. In its first two months, the brand generated $100 million in revenue; in 2018, it generated $570 million.
Based on a 7X revenue multiple, the brand could be valued at $2-3 billion, and Rihanna reportedly owns 50% of it, making her stake worth $1-1.5 billion pre-tax.
In addition to Fenty Beauty, Rihanna co-owns the lingerie brand Savage X Fenty, which launched in 2018. She owns 30% of the brand, now worth $1 billion.
Fashion & Accessories Brand Fenty
Rihanna previously owned the fashion and accessories brand Fenty, but it was later shuttered. Rihanna has demonstrated her business understanding and ability to build successful brands in various industries.
Real Estate
Rihanna purchased a Beverly Hills mansion in 2009 for $6.9 million, which featured a modern design with high ceilings, wood floors, and lots of glass, giving it a chic and luxurious feel.
The 10,000-square-foot property included eight bedrooms, ten bathrooms, stunning views, a pool, and a media room, among other amenities.
However, the mansion had significant issues, including massive water leakage and a balcony that drained rainwater directly into the house.
In 2011, Rihanna listed the property for sale for $4.5 million while filing a lawsuit claiming that she was unaware of the structural problems when purchasing the house.
She Sold The Mansion In 2012 For $5.03 Million.
She sold the mansion in 2012 for $5.03 million, and the next owner repaired the water issues and sold it for $7.6 million in 2014. In 2016, John Legend and Chrissy Teigen bought the house for $14.1 million and sold it for $16.8 million in 2021 after listing it for $22 million.
Additionally, from 2013 to 2017, Rihanna rented a penthouse in Manhattan, New York, for a reported $50,000 per month. Later, she moved to West London and rented a home for $20,000 per month.
Rihanna wore a crop top and low-rise jeans for a laid-back day date to highlight her growing belly.
Rihanna recently showcased her maternity fashion sense at the Oscars with four red carpet looks. But she also demonstrated her ability to rock a more casual, laid-back style while out for a walk in Los Angeles with A$AP Rocky.
Paparazzi captured the couple sporting coordinated outfits, with Rihanna donning a blue striped Loewe crop top and low-rise Agolde jeans, while Rocky wore a red plaid button-down and green vest.
Although Rihanna hasn’t revealed how far along she is in her second pregnancy, she has been unapologetically showing off her figure in the street and red carpet looks.
Rihanna Spoke About Her Maternity Style Philosophy
In a March 2022 interview with Bustle, Rihanna spoke about her maternity style philosophy during her first pregnancy. She challenged herself to be rebellious and have fun with her looks, refusing to conform to societal norms around maternity clothing.
Looking ahead to her post-pregnancy body, she plans to continue having fun and being creative with her fashion choices. She’s excited about the challenge of styling her “snap back” body and hopes to maintain the same level of creativity and originality in her looks.
