Rihanna Net Worth: A Closer Look
Robyn Rihanna Fenty, known simply as Rihanna, is a Barbadian singer, businesswoman, and actress. She has made an indelible mark on the music industry, fashion world, and beyond. Let’s delve into the details of her net worth, career achievements and more.
Rihanna Net Worth
As of March 2024, Rihanna’s estimated net worth stands at an impressive $1.4 billion.
Rihanna released her debut album Music of the Sun in 2005 at the age of 17, and has since put out eight albums in total, with 14 number one singles on the Billboard Hot 100 chart. She is one of the best-selling digital artists of all time and has 60 million albums and 215 million digital tracks sold, according to her record label, Roc Nation.
Rihanna’s estimated net worth as of February 2024 is $1.4 billion, mainly due to the success of her cosmetics company, Fenty Beauty. In 2022, Rihanna ranked No. 21 on Forbes’ list of America’s Richest Self-Made Women and became one of the youngest self-made female billionaires.
Rihanna Business Ventures
Rihanna, Barbados’ most famous export, is a billionaire thanks to the success of cosmetics line Fenty Beauty. The cosmetics company, which she co-owns with French luxury retailer LVMH, doubled its revenue in 2022.
the Barbados-born singer generated most of her wealth outside of the studio. In 2017, Rihanna launched her cosmetics company Fenty Beauty, which she co-owns with French luxury conglomerate LVMH.
In 2020, Rihanna’s Fenty Beauty brought in more than $550 million in revenue, according to Forbes. The most recent earnings report from LVMH stated that Fenty Beauty doubled its revenue in 2022, thanks to a wider distribution network and successful launches.57
Rihanna created Fenty Beauty to be inclusive of all skin tones, and the products are offered in a wide range of shades.6 Many of Fenty Beauty’s products have developed a cult following and have gone viral on TikTok and other social media platforms—and the superstar’s first Fenty fragrance sold out within hours of launching in August 2021.89
Rihanna Brand Partnerships
Aside from Fenty Beauty, Rihanna’s many brand partnerships and business ventures have also contributed to her wealth. Rihanna owns 30% of Savage x Fenty, a lingerie line, with Bloomberg reporting that the company could be valued at more than $3 billion. The billionaire is also a part owner in the Jay-Z led music-streaming service, Tidal.
In 2014, Rihanna began a four-year partnership with athletic apparel company Puma and served as the brand’s global ambassador and creative director. She also launched her own line of footwear and apparel with them, Fenty x Puma.
Rihanna has had other high-profile brand partnerships, including a capsule collection with luxury footwear brand Manolo Blahnik, and was Dior’s first Black ambassador.
The star also has several movie credits to her name, such as Ocean’s Eight, Guava Island, and most recently released a song for Marvel Studios’ Black Panther: Wakanda Forever. She also performed at the Halftime Show at Super Bowl LVII on Feb. 12, 2023, in Glendale, Ariz.
| Category | Information |
|---|---|
| Net Worth | $1.4 Billion |
| Salary | $70 Million Per Year |
| Birthdate | Feb 20, 1988 (36 years old) |
| Birthplace | Saint Michael Parish |
| Gender | Female |
| Height | 5 ft 8 in (1.73 m) |
| Profession | Singer, Fashion designer, Actor, Music |
Real Estate owned by Rihanna
In 2009, Rihanna paid $6.9 million for a mansion in Beverly Hills. The stunning house boasted lots of glass, high ceilings, and wood floors and had a chic, modern feel that seemed like a perfect match for the then-21-year-old singing sensation. The 10,000-square-foot home boasted eight bedrooms and ten bathrooms.
Stunning views of the valley below, floor-to-ceiling windows, a massive backyard with a pool, a tiled terrace, a stunning open-plan kitchen with all new fixtures, and a media room, among many other luxury amenities, made the house seem like the ultimate rock-star pad. Unfortunately, the home also had a massive water leakage problem, among other issues. In 2011, Rihanna put the seemingly possessed house on the market for a significant reduction in price, $4.5 million.
Simultaneously, she filed a lawsuit claiming that she was told the home was in excellent condition when she purchased it and was not aware of the structural problems. These problems include a balcony that slopes strangely and basically drains any rainwater directly into the house. In 2012, she accepted $5.03 million for the home. The next owner repaired the water issues and sold the mansion in 2014 for $7.6 million.
From 2013 to 2017, Rihanna paid a reported $50,000 per month to rent a penthouse in Manhattan, New York. She then moved to England, where she rented a home in West London for $20,000 per month.
In October 2014, Rihanna paid $5.545 million for a condo in LA’s Century City neighborhood.
In 2017, she bought a home in the Hollywood Hills. About a year after purchasing the property $35,000 per month. She sold this home in August 2022 for $6.6 million.
She reportedly also owns a $22 million property in Barbados.
In March 2021, Rihanna paid $13.8 million for a home in Beverly Hills. A month later, she paid $10 million for the house immediately next door.
In April 2023, it was revealed that Rihanna purchased a 9,300-square-foot home in Los Angeles for $21 million called the “Mansion in the Sky.”
KEY FACTS
- Is the wealthiest female musician in the world
- Owns 50% of Fenty Beauty
- Fenty Beauty is worth an estimated $1.5 billion
- Rihanna owns 30% of Savage x Fenty lingerie
- Savage x Fenty is worth $1 billion
- Has over 250 million followers on Twitter and Instagram
Career Achievements
Let’s explore some of Rihanna’s most significant career milestones:
Signed with Def Jam: Jay-Z discovered Rihanna and signed her to Def Jam in New York City. Her quick rise to fame began with hits like “Pon de Replay.”
Acting Roles: Rihanna starred in movies such as “Battleship,” “Valerian and the City of a Thousand Planets,” and “Ocean’s 8.”
Fashion Icon: Rihanna’s ever-evolving style has made her a trendsetter and fashion inspiration.
Successful Albums: She has released eight studio albums, including “Good Girl Gone Bad” and “Anti.”
Grammy Awards: Rihanna has won nine Grammy Awards, including Best Rap/Sung Collaboration and Best Urban Contemporary Album.
Early Life of Rihanna
Robyn Rihanna Fenty was born on February 20, 1988, in Saint Michael, Barbados. She is of Afro-Barbadian, Afro-Guyanese, and Irish descent. She grew up in a rocky home environment due to her father’s alcoholism and crack cocaine addiction, turning to music as a solace.
After being discovered in Barbados by American record producer Evan Rogers, he brought her to the United States, where she recorded demos and was signed to Rogers’ and Carl Sturken’s production company, Syndicated Rhythm Productions.
Music Career of Rihanna
After her demo was heard by rapper Sean Carter, aka Jay-Z, who was the then CEO of Def Jam Records, Rihanna was invited to audition for him. She was immediately signed to a six-album record deal in 2004.
She worked with a team of producers, including Jay-Z, on her debut studio album, “Music of the Sun” (Aug. 2005). This was quickly followed up by “A Girl like Me” (Apr. 2006), Rihanna’s first album to be certified platinum by the RIAA. The 2007 album “Good Girl Gone Bad” received positive critical reviews, and its lead single “Umbrella,” sold over 8 million copies worldwide.
Her subsequent album releases include “Rated R” (2009), “Loud” (2010), “Talk That Talk” (2011), “Unapologetic” (2012), and “Anti” (2016). Other notable singles she has collaborated on include “Run This Town” (2009) with Jay-Z and Kanye West, “Love the Way You Lie” (2010) with Eminem, “Princess of China” (2012) with Coldplay, “Take Care” (2012) with Drake, and “This Is What You Came For” (2016) with Calvin Harris.
In October 2022, Rihanna released “Lift Me Up” from the “Black Panther: Wakanda Forever” soundtrack, her first solo musical release since 2016’s “Anti.” In February 2023, she headlined the Super Bowl LVII halftime show, which became the most-watched halftime show in history.
Awards won by Rihanna
Over the course of her career, Rihanna has received numerous awards, including 9 Grammy Awards, 12 Billboard Music Awards, 13 American Music Awards, and 8 People’s Choice Awards, among many others. She also holds six Guinness World Records.
Acting and Television Pursuits of Rihanna
Rihanna’s film debut came in the August 2006 film “Bring It On All or Nothing,” where she made a cameo as herself. In 2012, her television program “Styled to Rock” premiered in the UK, followed by the American version of the show in 2013. Other films she has been in include “Battleship” (2012), “Valerian and the City of a Thousand Planets” (2017), “Ocean’s 8” (2018), and “Guava Island” (2019). She also voiced the role of Tip in the animated film “Home” in 2015, releasing a concept album soundtrack for the film.
Personal Life of Rihanna
Rihanna has had several high-profile romances, such as with rapper Drake (on-and-off from 2009 to 2016) and Saudi businessman Hassan Jameel (2017 to January 2020). But perhaps her most famous relationship was with rapper Chris Brown. In 2009, reports surfaced that her then-boyfriend Brown had physically assaulted Rihanna.
Subsequently, leaked photographs showing visible facial injuries on Rihanna confirmed those reports. Brown was charged with felony assault and making criminal threats and sentenced to community labor and five years of counseling after accepting a plea deal. Rihanna and Brown briefly reunited in 2013 for a few months.
Charity done by Rihanna
Rihanna is consistently one of the most philanthropic celebrities on the planet. In 2020, she donated $8 million to support coronavirus relief. Through her Clara Lionel Foundation, she has given more than $2 million to help abuse victims in Los Angeles and $5 million to other charities.
Controversies faced by Rihanna
While Rihanna has achieved immense success, she hasn’t been without controversy:
- Plagiarism Allegations: Her hit song “Bitch Better Have My Money” faced accusations of plagiarism from fans of artist Just Brittany.
- Instagram Ban: Rihanna’s Instagram account was taken down after she posted NSFW photos from a French magazine shoot.
- Islamic Verses in Lingerie Show: During her Savage X Fenty lingerie show, she faced backlash for using sacred Islamic verses in the soundtrack.
In summary, Rihanna net worth and career achievements reflect her influence and impact on the entertainment world. Whether through music, fashion, or business ventures, she continues to make headlines and shape pop culture.
