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Rihanna net worth: Is Rihanna a billionaire?

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The renowned musician’s net worth makes her one of the richest female musicians in the world. Her career transcends music and extends into fashion, beauty, and acting. As a result, Rihanna has become an iconic figure with a global impact. What is Rihanna net worth?

Rihanna attends The 2023 Met Gala Celebrating “Karl Lagerfeld: A Line Of Beauty”. (Photo by GWR/Star Max/GC Images)

Rihanna net worth as of the time of this writing is $1.7 billion. Although she started out as a musician, Rihanna quickly added titles such as CEO and businesswoman to herself over the years. The beloved artist successfully launched her makeup company, Fenty Beauty, thanks to her superstar presence. This article delves into Rihanna’s remarkable journey and her net worth over the years.

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Rihanna profile summary

NameRobyn Rihanna Fenty
Date of birthFebruary 20, 1998
Age35 years old
Place of birthSaint Michael Parish
Net worth$1.4 billion as of 2023
Salary$70 million per year
ParentsGloria Barker, Randy Barker
NationalityBarbadian
OccupationSinger, songwriter, fashion designer, actor, music artist
ParentsRonald Fenty, Monica Braithwaite
Marital statusA$AP Rocky  
ChildrenRZA Athelston Mayers
Height5 feet 8 inches

What is Rihanna’s net worth?

Rihanna attends the 95th Annual Academy Awards. (Photo by Arturo Holmes/Getty Images)

Thanks to her massively prosperous careers as a musician and an entrepreneur, Rihanna net worth in 2023 is at $1.7 billion according to Forbes and Celebrity Net Worth. She earned prominence in music when she was just a Barbadian teenager in 2005. In 2017, the admirable pop star launched Fenty Beauty, a brand she owns with French luxury conglomerate LVMH. By 2018, the company had brought in revenues of more than half a billion, increasing the net worth of Rihanna by millions.

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Early life

Robyn Rihanna Fenty was born on 20th February 1988, to Monica and Ronald Fenty. She is of Afro-Guyanese and Irish descent from her mother’s and father’s side, respectively. Rihanna grew up in a harsh environment due to her father’s alcohol and cocaine addiction tendencies. The eminent celebrity turned to music for solace, and she was discovered by music producer Evan Rogers, who helped her record her first demos.

Music career

Upon his discovery, Evan Rogers moved Rihanna to the United States, where she was set up to audition for Jay Z, the then-CEO of Def Jam. He immediately signed her for a six-album deal at 16 years old. In 2005, the respectable singer recorded her first album, Music of the Sun, which received gold certification from the RIAA. It was followed by another, A Girl Like Me, in 2006, certified platinum after selling a million copies.

Rihanna released Good Girl Gone Bad in 2007, whose single Umbrella has sold over 8 million copies worldwide. The song earned her a Grammy Award for Best Rap Collaboration alongside Jay Z in 2008. Other subsequent album releases include Rated R (2009), Loud (2010), Talk That Talk (2011), Unapologetic (2012), and Anti (2016).

Awards

Over the years, Rihanna has received several awards for her prosperous music career. Currently, she possesses 9 Grammy Awards, 12 Billboard Music Awards, and 8 People’s Choice Awards, among many others. The notable musician also has six Guinness unbroken World records under her belt.

Acting and television pursuits

Rihanna performs onstage during the Apple Music Super Bowl LVII Halftime Show. (Photo by Rob Carr/Getty Images)

Rihanna’s worth increased when she made her popularized debut in the film. She was first featured in the movie Bring It On All or Nothing (2006), where she earned a cameo as herself. Moreover, the respectable superstar produced Styled to Rock in 2012, where she gave upcoming designers to be a part of her design team. Other films Rihanna has been in include Battleship (2012), Valerian and the City of a Thousand Planets (2017), Ocean’s 8(2018), and Guava Island (2019). Also, the Fenty Beauty CEO has been featured as a voice actor, for example, in the animated film Home (2015), and also released a soundtrack.

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Rihanna and Fenty beauty

How did Rihanna get so rich? In 2017, she launched Fenty Beauty, in partnership with luxury goods conglomerate LVMH which made over $500 million in a year. The beauty brand’s inclusive range of makeup products catered to various skin tones. It was met with immense praise because it redefined the standard for diversity and representation, contributing to its tremendous success. Rihanna owns 50% of the $2.8 billion beauty empire.

Rihanna’s brand partnerships and businesses

How did Rihanna get so wealthy? Ever since becoming lucrative, Rihanna has been a master endorser of brands. Dior made her their first black spokesperson, and in 2015, she signed a $25 million deal with Samsung. They agreed to sponsor her next album and tour in turn for her to promote their Galaxy products. Moreover, the outstanding businesswoman has collaborated with several brands, such as Secret Body Spray, MAC Cosmetics, Budweiser, Armani, Dior, Cover Girl, Gucci, Clinique, and River Island.

Personal life

Rihanna has had publicized romances, but her most famous relationship was with high-profile singer Chris Brown. In 2009, he was arraigned for assault against her, and he was put on 5 years of counseling and community service. When they broke up, she started dating famous rapper Drake but had an on-and-off relationship with him for the next seven years. Afterward, the Barbadian celebrity dated Saudi business tycoon Hassan Jameel from 2017 to 2020. In May 2021, musician Asap Rocky confirmed they were in a relationship, and they gave birth to a son, RZA, a year later.

Real estate

Rihanna is seen outside the Dior show, during Paris Fashion Week. (Photo by Edward Berthelot/Getty Images)

Rihanna purchased a $6.9 million mansion in Beverly Hills in 2009 and another in 2017 at Hollywood Hills, which she later sold. In March 2021, the famous beauty guru bought a $13.8 million home in Beverly Hills and the house next door for $10 million. Moreover, she owns a $22 million property in Barbados. In 2023, Rihanna bought a mansion in Los Angeles worth $21 million, commonly known as “Mansion in the Sky.”

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Fast facts about Rihanna net worth

Who is richer, Rihanna or Beyonce?

Rihanna is the wealthier of the two. While Beyonce Knowles is worth $540 million, her colleague has a net of $1.7 billion.

How did Rihanna get so rich?

Fenty Beauty is a significant contributor to Rihanna as a billionaire. In 2022, she became America’s youngest self-made female billionaire.

Who is richer, Beyonce or Taylor Swift?

Taylor Swift is richer than Beyonce. She has a net worth of $740 million compared to Beyonce’s of $540 million.

Who is the world’s richest singer?

Among the wealthiest singers, Rihanna takes the cake. She has a staggering net worth of $1.7 billion.

While much of Rihanna net worth can be attributed to her business and fame, her impact on diversity, representation, and empowerment has resonated deeply with her fans and the industry. Her unchallenged success in music and her business savvy in fashion and beauty has established her as an influential force. The business mogul’s wealth will increase as she expands her empire alongside her standing legacy in music.

Thestandard.africa/ West Africa Morning Standard recently published an article about Who is on the Lexus commercial actors and actresses list? Names and other Tv roles.

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