Rihanna Net Worth (Money, Salary, Assets)

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 artist, Songwriter

Nationality: Barbados

Rihanna’s Extraordinary Financial Status

Rihanna, the gifted singer, songwriter, actress, and entrepreneur, boasts a staggering net worth of $1.4 billion. This impressive figure deems her the wealthiest female musician globally. One of the primary contributors to her net worth is the esteemed Fenty Beauty Line, in collaboration with luxury brand LVMH. The brand’s net worth exceeds $2-3 billion, with Rihanna holding a 50% stake. Additionally, she owns 30% of the successful lingerie brand Savage X Fenty, presently valued at $1 billion.

Annually, Rihanna’s expanding empire yields her between $40 million and $80 million. Notably, from June 2018 to June 2019, she amassed $65 million, followed by $45 million between June 2019 and June 2020.

Rihanna rose to stardom with her debut album “Music of the Sun” in 2005, propelling her into a whirlwind of tours, awards, acting roles, and fashion ventures. To date, she has sold over 60 million albums and 120 million singles, establishing her as a significant digital music presence. With an impressive count of 12 #1 singles on the Billboard charts, she stands as the youngest solo artist to achieve this feat, alongside garnering numerous prestigious awards.

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Rihanna’s Early Beginnings

Rihanna, born Robyn Rihanna Fenty on February 20, 1988, in Saint Michael, Barbados, hails from Afro-Barbadian, Afro-Guyanese, and Irish descent. Despite a challenging home life marred by her father’s struggles with addiction, she found solace in music. Discovered in Barbados by producer Evan Rogers, she ventured to the US, recording demos and eventually signing to Rogers’ production company, Syndicated Rhythm Productions.

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Rihanna’s Musical Odyssey

Following the discovery of her demo by rapper Jay-Z, the CEO of Def Jam Records at the time, Rihanna secured a significant six-album record deal in 2004. Collaborating with producers like Jay-Z, she released her debut studio album “Music of the Sun” in August 2005, followed by “A Girl like Me” in April 2006, which achieved platinum status. The album “Good Girl Gone Bad” in 2007 received acclaim, with the hit single “Umbrella” selling over 8 million copies globally. Recognized with a Grammy Award in 2008, she continued her successful streak with subsequent album releases and notable collaborations.

In a recent milestone, Rihanna unveiled “Lift Me” from the “Black Panther: Wakanda Forever” soundtrack, marking her first solo release since “Anti” in 2016. She further captivated audiences with her headline performance at the Super Bowl LVII halftime show in February 2023, marking it as the most-viewed halftime show in history.

Awards

Throughout her illustrious career, Rihanna has been the recipient of numerous prestigious awards. Her accolades include 9 Grammy Awards, 12 Billboard Music Awards, 13 American Music Awards, and 8 People’s Choice Awards, among a host of others. Additionally, she holds six Guinness World Records, solidifying her status as a music industry icon.

Acting and Television Pursuits

Rihanna’s venture into acting began with a cameo appearance in the August 2006 film “Bring It On: All or Nothing,” marking her film debut playing herself. She later showcased her talent in the television industry with the launch of the UK show “Styled to Rock” in 2012, followed by its American counterpart in 2013. Her acting credits also include roles in major films such as “Battleship” (2012), “Valerian and the City of a Thousand Planets” (2017), “Ocean’s 8” (2018), and “Guava Island” (2019). Furthermore, she lent her voice to the character Tip in the animated movie “Home” in 2015, accompanied by the release of a concept album as part of the film’s soundtrack.

Business Empire/Billionaire

Embracing her entrepreneurial spirit, Rihanna has ventured into diverse and successful business enterprises. Notably, in 2015, she inked a lucrative $25 million deal with Samsung to endorse their Galaxy product line. Collaborating with renowned brands like MAC Cosmetics, Dior, and Gucci, she has expanded her business reach significantly. Furthermore, as the creative director of Puma’s women’s line, Rihanna oversaw the brand’s successful apparel and footwear partnerships, leading to remarkable market traction.

Rihanna’s most substantial business breakthrough came with the launch of Fenty Beauty in partnership with LVMH’s Kendo Brands in September 2017. The makeup line exceeded expectations, generating $100 million in revenue within two months of its debut. Subsequently, by 2018, Fenty Beauty had amassed $570 million in sales, projecting a brand value of $2 – $3 billion based on revenue multiples. With reports suggesting Rihanna’s 50% ownership stake in the brand, her pre-tax valuation stands at $1-1.5 billion.

Aside from Fenty Beauty, Rihanna has also co-founded the successful lingerie brand Savage X Fenty, securing a 30% ownership stake. The brand’s current value stands at $1 billion, attesting to Rihanna’s adeptness in the fashion and beauty industry.

Furthermore, Rihanna ventured into the skincare realm with the launch of Fenty Skin in July 2020. While she previously owned the fashion/accessories brand Fenty, her recent shift towards skincare aligns with her commitment to diversifying her business portfolio.

Philanthropy

Beyond her remarkable achievements in music and business, Rihanna shines as a beacon of philanthropy. In 2020, she exemplified her generosity by donating $8 million towards coronavirus relief efforts, demonstrating her unwavering commitment to social causes. Through her Clara Lionel Foundation, Rihanna has consistently supported victims of abuse, contributing over $2 million in Los Angeles alone and disbursing $5 million to various charitable organizations, solidifying her impact as a compassionate humanitarian.

Personal Life

Rihanna has been involved in several high-profile relationships. Notable among these are her romances with rapper Drake (on and off from 2009 to 2016) and Saudi businessman Hassan Jameel (2017 to January 2020). However, her most infamous relationship was with rapper Chris Brown. Their relationship came under scrutiny in 2009 when reports emerged of Brown’s physical assault on Rihanna. The incident was further substantiated by leaked photographs showing visible facial injuries on Rihanna which led to Brown being charged with felony assault. Rihanna and Brown briefly rekindled their relationship in 2013.

Between 2017 and January 2020, Rihanna was in a relationship with Saudi businessman Hassan Jameel. In May 2021, it was publicly revealed that she began dating rapper ASAP Rocky. They welcomed their first child in May 2022. During the Super Bowl LVII halftime performance, Rihanna shared the news of expecting their second child.

Real Estate

In 2009, Rihanna purchased a $6.9 million mansion in Beverly Hills. The lavish property featured an abundance of glass, high ceilings, wood floors, and a modern aesthetic that perfectly suited the 21-year-old pop sensation at the time. Spanning 10,000 square feet, the residence boasted eight bedrooms, ten bathrooms, stunning valley views, floor-to-ceiling windows, a spacious backyard with a pool, tiled terrace, modern kitchen, media room, and various luxurious amenities. However, the mansion had major water leakage issues and other structural problems. Consequently, Rihanna put it on the market in 2011 for $4.5 million and filed a lawsuit related to the undisclosed issues. The property was sold in 2012 for $5.03 million to a new owner who resolved the water problems and later sold it for $7.6 million in 2014. In January 2016, John Legend and Chrissy Teigen purchased the mansion for $14.1 million, eventually selling it for $16.8 million in 2021.

Between 2013 and 2017, Rihanna rented a Manhattan penthouse for $50,000 per month before moving to West London and renting a home for $20,000 monthly.

In October 2014, she purchased a $5.545 million condo in LA. In 2017, Rihanna bought a property in the Hollywood Hills, which she later sold for $6.6 million in 2022 after listing it for $7.5 million. She also reportedly owns a $22 million estate in Barbados.

In March 2021, Rihanna acquired a Beverly Hills home for $13.8 million and bought the neighboring property for $10 million a month later. In April 2023, she acquired a 9,300-square-foot residence in Los Angeles known as the “Mansion in the Sky” for $21 million, listing it for sale in March 2024 and finalizing the sale in May 2024.