Singer Rihanna.What is her Value and Net Worth?

Rihanna

What is Rihanna’s Net Worth?

Rihanna was born in Barbados. She is now a musician, singer as well as songwriter, actress, and businesswoman. As of August 20, 2021, her net worth was $1.7 billion. She is the highest-earning female artist on the planet. Rihanna is among the most well-known and commercially successful musicians on the planet currently. A large part of her wealth is due to the worth in the Fenty Beauty Line which is in partnership with luxury goods manufacturer LVMH. The brand is able to generate more than $100 million in sales. Rihanna has been reported to own 50 per cent of the partnership. The brand is worth between $2 and $3 billion. She also has a stake of 30% in the lingerie brand Savage X Fenty which is estimated to be worth $1 billion.

Rihanna
Credit (Photo by James Devaney/GC Images)

Rihanna Net Worth:

$1.7 Billion

Rihanna’s Salary

$70 Million Per Year

What is Rihanna’s Net Worth?

Rihanna
Credit WEISS/AFP/Getty Images)

Rihanna was born in Barbados. She is now a musician, singer as well as songwriter, actress, and businesswoman. As of August 20, 2021 her net worth was $1.7 billion. She is the highest-earning female artist on the planet. Rihanna is among the most well-known and commercially successful musicians on the planet currently. A significant portion of her wealth is due to the value in the Fenty Beauty Line which is an alliance with the luxury goods firm LVMH. The brand earns more than $100 million in revenues. Rihanna is believed to own 50 per cent of the partnership. The brand is valued at between $2 and $3 billion. She also has a stake of 30% in the brand of lingerie called Savage X Fenty which is estimated to be worth $1 billion.

In any given year, Rihanna makes between $40 and $80 million from her empire that is growing. For instance, between June 2018 to June 2019, she made $65 million. From June 2019 to June 2020,, she made $45 million.

Music Career

After her performance was listened to through the singer Sean Carter, aka Jay-Z who was at the time director at the time of Def Jam Records, Rihanna was asked to audition for the record label. Rihanna was signed immediately to a record deal for six albums in 2004.

She collaborated with a group of producers that included Jay-Z for her first studio album “Music of the Sun” (Aug. 2005). The album was soon followed by “A Girl like Me” (Apr. 2006) which was her first album that was certified platinum by RIAA. The album from 2007 “Good Girl Gone Bad” received favourable reviews from critics and the lead single “Umbrella” sold over 8 million copies across the globe and earned the singer the Grammy Award in 2008 for the Best Rap/Sung Collaboration with Jay-Z.

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Her next album release includes “Rated R” (2009), “Loud” (2010), “Talk That Talk” (2011), “Unapologetic” (2012)”Anti” (2012)”Anti” (2012), and “Anti” (2016). Other noteworthy singles she’s worked on with her collaborators 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 Drake, and “This Is What You Came For” (2016) with Calvin Harris.

Throughout her life, Rihanna was awarded numerous times which include nine Grammy Awards, 12 Billboard Music Awards 13, American Music Awards, and 8 People’s Choice Awards, among numerous other awards.

Business Empire/Billionaire

Rihanna has been able to translate her fame into numerous lucrative business ventures and deals. In 2015 she signed a 25 million deal with Samsung to advertise their Galaxy range of products. Other brands she’s worked alongside includes Secret Body Spray, MAC Cosmetics, Budweiser, Armani, Dior, Cover Girl, Gucci, Clinique and River Island. In 2014, she was named the creative director for the fashion-forward brand Puma and was responsible for Puma’s women’s line as well as the release of sold-out footwear and apparel collaborations. She also is co-owner of the streaming service Tidal together with other famous names such as Jay-Z, Madonna, and Kanye West.

In September 2017, Rihanna released a cosmetics line known as Fenty Beauty in collaboration with LVMH’s luxury goods manufacturer Kendo Brands. The line earned 100 million dollars within its initial two months. In 2018, the brand earned $570 million. It’s possible that the overall worth of the brand could be $2-$3 billion with an annual revenue multiple of 7X. There have been reports that Rihanna is the owner of 50% of the company. Based on these valuations the stake of Rihanna is $1-1.5 before tax.

Alongside Fenty Beauty, Rihanna also co-owns the brand of lingerie, Savage X Fenty launched in 2018. was launched in the year of 2018. She holds 30% of the brand. Presently, Savage x Fenty is worth $1 billion.

Real Estate

From 2013 until 2017 Rihanna paid an estimated $50,000 per month for rent on the penthouse she lived in situated in Manhattan, New York. Then she moved into England and rented a house located in West London for $20,000 per month.

In October 2014, Rihanna was able to pay $5.545 million to purchase a home in Los Angeles’ Century City neighbourhood.

In 2017, she purchased a house within Hollywood Hills. Within a year of buying the home, she was the victim of an alarming break-in. Six months later, she put the house for sale for $7.5 million. At the time of writing, she hasn’t found an interested buyer, and she is renting the house to a tenant for 35,000 dollars per month.

She is also reported to own an estate worth millions of dollars in Barbados.

In March 2021 Rihanna was able to pay $13.8 million to purchase a property located in Beverly Hills.

 

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