Rihanna Net Worth Of $1.7 Billion, Is The World's Richest Female Musician
Rihanna, whose given name is Robyn Rihanna Fenty, is unrivaled when it comes to the realm of personal branding.
Rihanna net worth is $1.7 billion, which she has earned via her tireless work ethic and her success in a variety of commercial enterprises.
Rihanna is now the wealthiest female singer in the world and the richest female entertainment in the world after Oprah.
Robyn Rihanna Fenty was born on February 20, 1988 in Saint Michael, Barbados.
She is of Afro-Barbadian, Afro-Guyanese, and Irish origin. Her father is Ronald Fenty, and her mother is Monica Rihanna Fenty.
She sought consolation in music as she navigated the challenging circumstances of her childhood home, which included her father's alcoholism and addiction to crack cocaine.
After an American record producer named Evan Rogers spotted her in Barbados, he sent her to the United States so that she could record demos and sign a contract with the production firm owned by Evan Rogers and Carl Sturken.
This company is known as Syndicated Rhythm Productions.
Rihanna was given the opportunity to audition for Jay-Z when the rapper Sean Carter, better known as Jay-Z, who was the CEO of Def Jam Records at the time, listened to her demo.
In 2004, she quickly signed a record contract for a total of six albums, and the rest, as they say, is history.
Not only because of the success of her artistic career but also because of the success of her cosmetics line, which generated more than $550 million in revenue in the year 2020, Rihanna's net worth is one of the highest in the world of music and entertainment.
She has $1.7 billion stashed away in her mattress, making her one of the most wealthy people in the music and entertainment industries.
The singer-songwriter, who was born in Barbados, is not only one of the most popular but also one of the most commercially successful artists during her career.
She is the female musician with the highest net worth in the world.
The success of her Fenty Beauty Line, which she developed in collaboration with the high-end fashion house Louis Vuitton, is responsible for a significant portion of her overall wealth (LVMH).
The income that the brand brings in a year exceeds one hundred million dollars.
Reports indicate that Rihanna owns fifty percent of the partnership and the brand, which is estimated to be valued between two and three billion dollars.
Additionally, she has a thirty percent stake in the lingerie label Savage X Fenty, which has a market value of around one billion dollars at the present time.
In if that wasn't enough, the singer also has a presence on Instagram and Twitter, where she has more than 100 million followers combined.
Rihanna has been able to parlay her stardom into a number of lucrative economic endeavors and initiatives.
In 2015, she agreed to a deal with Samsung for $25 million to promote the company's Galaxy brand of consumer electronics.
Other companies with which she has collaborated include Budweiser, Armani, Dior, Cover Girl, Gucci, Clinique, and River Island. Other brands with which she has worked include Secret Body Spray, MAC Cosmetics, and Budweiser.
She was promoted to the position of creative director for the sports fashion brand Puma in 2014, where she is responsible for managing the company's women's line and establishing successful clothing and footwear partnerships.
Additionally, she is one of the co-owners of the music streaming service Tidal, which is owned by a number of famous people like Jay-Z, Madonna, and Kanye West.
In September of 2017, Rihanna collaborated with the LVMH luxury goods producer Kendo Brands on the introduction of a new beauty brand that she dubbed Fenty Beauty.
Within its first two months of operation, the brand brought in a total of one hundred million dollars in sales.
The line brought approximately $570 million in revenue in 2018.
When using a 7X revenue multiple, it is not out of the question to assume that the overall worth of the brand is between $2 and $3 billion.
According to reports, Rihanna controls around fifty percent of the company.
Rihanna's share of the company is estimated to be valued between $1 and $1.50 before taxes based on the current valuation.
Rihanna, a Barbadian singer, songwriter, and actress, is reported to be worth $254 Million; here are 10 Expensive Things she possesses!
This gorgeous mansion in the Hollywood Hills was acquired by Rihanna at some point in 2017 and came with a price tag of $6.8 million.
Rihanna like the color red when it comes to supercars, and her $400,000 Lamborghini Aventador is no exception. Rihanna's Lamborghini Aventador is painted in the color red.
This mansion, the second of Rihanna's properties situated in the Pacific Palisades neighborhood of Los Angeles, was sold by the singer in 2016 owing to concerns over the property's level of safety.
It is estimated to be valued somewhere in the neighborhood of $11.5 million dollars.
The engine performance of the sixth generation of the Porsche 911 has been improved, and it is now able to provide 480 brake horsepower at a rate of 6,000 revolutions per minute.
The price of a used version of this vehicle begins at £41,000 and may go as high as £72,000.
Rihanna's magnificent house in Barbados, which she owns as her third and last residence, is located on One Sandy Lane and is regarded as one of the most opulent residences on the whole island.
The property has an area of 10,000 square feet, has an estimated market worth of over $22 million dollars, and is located a short distance down the beach from the well-known, five-star Sandy Lane Hotel.
|Hollywood Hills Home||$6.8 million.|
|Pacific Palisades Mansion||$11.5 million|
|Porsche 997 Turbo||£41,000 - £72,000|
|Barbados Home||$22 million|
|Mercedes SLR McLaren||$500,000|
|Chevy Suburban||$42,000 - $ 50, 000|
|Wardrobe and Jewelry Collection||$40 million|
This vehicle, which was manufactured between the years 2003 and 2010, has a 5.4-liter supercharged M155 SLR V8 engine and is said to have cost Rihanna something in the neighborhood of half a million dollars when it was brand new.
Rihanna drives a Chevrolet Suburban, which is one of the more affordable vehicles on our list.
It is estimated that a used Chevy Suburban can be purchased for between $42,000 and $44,000 dollars, while more recent versions can be purchased for around $50,000 dollars.
At some point in 2012, Rihanna and one of her closest pals, Chris Brown, splurged on identical Rolex watches for themselves.
There is speculation that the Rolex Day-Date Presidents cost around $15,000 each and include a casing made of 18-karat gold and a dial set with Champagne diamonds.
This vehicle is said to have cost Rihanna something in the neighborhood of $366,000 USD when it was brand new. It has a 6-liter twin-turbo V12 that was created exclusively for the new Maybach series.
The celebrity has a collection with a value of more than $40 million dollars, taking into account all of the on-stage dresses she has worn as well as her enormous jewelry collection, which includes pieces from her own line.
According to Forbes, she has a net worth of $1.7 billion, which places her as the 1,729th wealthiest person in the world.
Rihanna maintains an estimated 30 percent ownership in the lingerie firm Savage X Fenty, which is valued at about $270 million.
Majesty is the daughter of Noella Alstrom, the cousin of Rihanna.
With over 81 million Facebook likes, 57 million Twitter followers, and 35 million Instagram followers, Rihanna is using her influence for charitable causes.
The most prominent of them is her own Clara Lionel Foundation.
The foundation, founded in 2012 and named after Rihanna's cherished grandparents Clara & Lionel Braithwaite, seeks to enhance the quality of life for people worldwide in the areas of health, education, arts & culture.
Rihanna presented the second annual diamond event to support the clf in December. Despite her many accomplishments, Rihanna is only getting started.
Executive producer, fashion designer, actor, shrewd business entrepreneur, and philanthropist are just a few of the roles she is adding to her growing portfolio.