You know Rihanna as the Barbadian pop star behind chart-topping hits like “Umbrella,” “Diamonds,” and “Work.” But beyond the music industry, she’s built a massive business empire that’s made her the richest female musician in the world. Through companies she owns like Fenty Beauty and Savage x Fenty, plus assets like real estate and her extensive car collection, Rihanna net worth now totals over $1.4 billion (INR 11711 Cr). Get the details on how she went from music superstar to billionaire business mogul.
Rihanna Net Worth Soars Past $1.4 Billion
By 2024, Rihanna’s net worth is projected to reach $1.4 billion, cementing her status as the world’s wealthiest female musician. The bulk of Rihanna’s fortune comes from her successful business ventures, including her beauty line Fenty Beauty.
Fenty Beauty, launched in 2017, raked in $570 million in revenue in 2018 alone. Valued between $2 to $3 billion, the makeup brand contributes significantly to Rihanna’s soaring net worth. Rihanna owns 50% of Fenty Beauty, with the other half owned by luxury goods conglomerate LVMH.
Rihanna also co-owns Savage X Fenty, an lingerie brand worth $1 billion. Launched in 2018, Savage X Fenty aims to promote inclusivity and body positivity regardless of size, shape, or color. The brand has been praised for its wide range of sizes and styles.
In addition to her business success, Rihanna continues to earn from her music career. She has sold over 250 million records worldwide, making her one of the best-selling music artists of all time. Some of her hit songs like “Umbrella”, “We Found Love” and “Diamonds” continue to generate royalties.
Rihanna is known for her lavish lifestyle. She owns a $22 million mansion in Barbados, a fleet of luxury cars and a private jet. She is also the face of many major brands like Dior, Balmain and Manolo Blahnik, bringing in multi-million dollar deals.
At just 32, Rihanna has built an empire and established herself as a powerhouse entrepreneur and cultural icon. With her ventures expanding into new frontiers like fashion, film and television production, Rihanna’s net worth is poised to soar even higher. The future certainly looks bright for this self-made billionaire.
Rihanna Becomes the World’s Richest Female Musician
Girl, you’ve come a long way. At just 36 years old, Rihanna has built an empire and amassed an incredible fortune of $1.4 billion, making her the richest female musician in the world.
A huge chunk of Rihanna’s wealth comes from her cosmetics company, Fenty Beauty. Launched in 2017, Fenty Beauty is worth between $2 to $3 billion, with Rihanna owning 15% of the company. The brand is known for its broad range of foundation shades and helped revolutionize the beauty industry by promoting inclusivity.
Rihanna also co-owns Savage X Fenty, a popular lingerie brand. Valued at $1 billion, Rihanna owns 30% of the company. In addition to her business ventures, Rihanna earns $40 to $80 million annually from her music and acting. She has released eight studio albums, won nine Grammys, and starred in movies like Ocean’s 8.
Rihanna is known for her lavish lifestyle, with a real estate portfolio including properties in LA, New York, London, and Barbados. She has a fleet of luxury cars and frequently travels by private jet. While Rihanna came from humble beginnings, she has become a powerful entrepreneur and inspiration. At just 36, her $1.4 billion fortune solidifies her status as a self-made billionaire and the richest female musician in the world. Through hard work, business savvy, and an empowering message of inclusivity, Rihanna built an empire and defined her status as a cultural icon. Her success story proves that girls really do run the world. Also Read: Mr Beast Net Worth.
Rihanna’s Music Career and Hit Singles
Rihanna has released eight studio albums, selling over 250 million records worldwide, making her one of the best-selling music artists of all time. Her musical journey began in 2003 when she met music producer Evan Rogers. Pon de Replay, her debut single, reached number two on the Billboard Hot 100.
In 2005, her debut studio album Music of the Sun, including the hit single ‘Pon de Replay’, reached number ten on the Billboard 200. Her second album, A Girl Like Me (2006), helped establish Rihanna as a pop icon. It produced her first number-one single in the US, ‘SOS,’ and ‘Unfaithful’.
Her third album, Good Girl Gone Bad (2007), established Rihanna as a pop superstar and earned her first Grammy Award. It included the number-one singles ‘Umbrella,’ ‘Shut Up and Drive’ and ‘Don’t Stop the Music.’ Subsequent albums, including Rated R (2009), Loud (2010), Talk That Talk (2011), and Unapologetic (2012) produced more number-one hits, including ‘Rude Boy,’ ‘Only Girl (In the World),’ ‘What’s My Name,’ and ‘Diamonds.’
Rihanna’s eighth album, Anti (2016), marked a departure from her dance-pop roots and incorporated more R&B and soul influences. It peaked at number one in the US and featured the hit singles ‘Work,’ ‘Kiss It Better’ and ‘Needed Me’. To date, Rihanna has sold over 250 million records worldwide, making her one of the best-selling music artists of all time. She has achieved 14 number-one singles and 32 top-ten singles in the US – the most for any artist during the 2000s decade.
With her impressive music career and business ventures, Rihanna has built an empire and established herself as a global superstar and pop culture icon. She has won nine Grammy Awards, 12 Billboard Music Awards and holds the record for the most American Music Awards (23 wins). Rihanna’s enormous success and longevity have cemented her status as one of the greatest pop artists of all time.
Rihanna’s Business Empire Expands Her Wealth
Rihanna became the world’s richest female musician in 2019 thanks to her booming beauty and lingerie lines. Her makeup brand, Fenty Beauty, racked up $570 million in revenue in 2018 alone and was valued at $3 billion. Meanwhile, Savage x Fenty, her lingerie line, raised $115 million in funding.
Fenty Beauty
When Rihanna launched Fenty Beauty in 2017, she aimed to create an inclusive brand with products for all skin tones. The company’s foundation comes in 50 shades, setting a new standard for the cosmetics industry. Fenty Beauty’s sales and the company’s valuation have skyrocketed since the launch. Rihanna owns 50% of Fenty Beauty, contributing significantly to her fortune.
Savage X Fenty
Rihanna’s Savage X Fenty lingerie brand has also taken the fashion industry by storm. Like Fenty Beauty, Savage X Fenty celebrates diversity and inclusion, offering sizes ranging from 32A to 46DDD and XXS to 3X. The brand’s mission resonates with customers, leading to its impressive $115 million funding round in 2021. Rihanna owns 30% of Savage X Fenty, which continues fueling her wealth.
Between her music, acting roles, and business ventures, Rihanna has built an empire and established herself as a powerful entrepreneur and cultural icon. While her music career launched her into stardom, her business acumen and vision have made her a billionaire. Rihanna’s remarkable success serves as an inspiration, proving that following your passions and standing up for your values can lead to prosperity and change in the world. With her beauty and fashion brands thriving, Rihanna’s net worth will likely continue skyrocketing in the years to come. Also Read: Melinda Gates Net Worth.
The Massive Success of Fenty Beauty
Rihanna launched Fenty Beauty in 2017 in partnership with LVMH, a French luxury goods company that owns brands like Louis Vuitton and Dior. The makeup line was an instant hit, raking in $550 million in revenue in its first year. Fenty Beauty’s success is largely due to Rihanna’s vision of creating a makeup brand that caters to people of all skin tones.
Fenty Beauty launched with 40 foundation shades, compared to the average makeup brand that offers only a dozen or so options. The impressive range of shades ensures that people of all skin tones can find a perfect match. Rihanna was ahead of the curve, tapping into an underserved market and inspiring other brands to follow suit by expanding their own shade ranges.
In addition to the inclusive marketing, Fenty Beauty products are high-quality, innovative, and stylish. The brand is known for popularizing trends like contour sticks, bright lip glosses, and body luminizers. New product drops create major buzz and often sell out quickly. While Rihanna’s fame initially drew attention to the brand, Fenty Beauty has proven it can stand on its own through its commitment to inclusivity, trendsetting product development, and social media savvy.
The remarkable success of Fenty Beauty in just a few short years has cemented Rihanna’s status as a shrewd businesswoman. She owns 30% of Fenty Beauty, contributing significantly to her growing fortune. Between Fenty Beauty and her other ventures like her Savage X Fenty lingerie line, Rihanna’s business empire is estimated to be worth over $1.4 billion, making her the richest female musician in the world. Through her fashion and beauty brands, Rihanna has built a legacy that extends far beyond her music.
Rihanna’s Diverse Investment Portfolio
Beyond her successful music career, Rihanna has built an impressive investment portfolio that contributes significantly to her $1.4 billion net worth. Following the principles of portfolio theory, Rihanna has invested in a diverse range of startups across industries.
According to Crunchbase data,Rihanna’s investments include companies in industries ranging from lingerie and beauty to music streaming. Some of her major holdings include her own companies, Savage X Fenty and Fenty Beauty, which have achieved rapid success and growth.
Savage X Fenty, Rihanna’s lingerie line, has raised over $70 million in funding. The company is valued at over $1 billion, demonstrating the power of Rihanna’s brand and vision.
Fenty Beauty, Rihanna’s cosmetics company created in partnership with LVMH, generated over $500 million in revenue in its first year. The company’s success underscores Rihanna’s influence and the demand for more inclusive beauty products.
Beyond her own companies, Rihanna has invested in startups like Rheo TV, a music streaming service, and The Intern Group, which provides international internship programs. Rihanna was also an early investor in the female-founded fintech company Acorns. Her diverse investments across industries reflect her varied interests and her desire to support other entrepreneurs, especially those from underrepresented groups.
Through strategic investments in her own brands and other startups, Rihanna has built a substantial portfolio that generates strong returns and contributes to her status as the world’s richest female musician. Her investment success serves as an inspiration and model for other artists and entrepreneurs looking to build generational wealth. Overall, Rihanna’s investment portfolio reflects her vision, passion for entrepreneurship and dedication to empowering others. Also Read: LeBron James Net Worth.
Rihanna’s Real Estate Holdings and Luxury Assets
Rihanna is known for her lavish lifestyle and has amassed an impressive real estate portfolio and luxury collection over the years.
Beverly Hills Mansions
Rihanna owns two lavish mansions in Beverly Hills that she purchased in early 2021 for a combined $13.8 million. The neighboring properties feature 7 bedrooms, a home theater, tennis court, and swimming pool between them. RiRi plans to combine the two mansions into one massive estate.
Hollywood Hills Villa
In 2017, Rihanna spent $6.8 million on a stunning villa in the Hollywood Hills. The Mediterranean-style home has 5 bedrooms, 6 bathrooms, and unparalleled views of the Los Angeles skyline. With amenities like a movie theater, gym, and infinity pool, it’s the perfect party pad for the pop star.
Rihanna is also known for her expensive taste in vehicles. Her car collection includes a Porsche 911 Turbo S, Mercedes SLR McLaren, Maybach, and a pink Cadillac Escalade. For her 32nd birthday, Rihanna gifted herself a custom Honda CBR1000RR motorcycle, showing her adventurous side.
Between her lavish homes, expensive vehicles, and designer wardrobe, Rihanna lives a life of luxury afforded by her massively successful career and business ventures. Her real estate holdings and assets are a testament to her status as a pop icon and leader in the fashion and beauty industry. At just 32, Rihanna has amassed a fortune that would make any music mogul proud. Her expensive tastes and lavish spending only add to her bold and unapologetic public image.
Rihanna’s Philanthropy and Charitable Giving
Rihanna is known for her generous philanthropy and support of important causes. Through her Clara Lionel Foundation, Rihanna has donated millions to organizations promoting education, health and emergency response programs around the world.
In 2017, Rihanna hosted a charity event that raised over $5 million for education and healthcare in impoverished communities. The Clara Lionel Foundation has also donated $15 million to climate justice movements seeking to help communities affected by climate change. Rihanna frequently donates her time and talent to charity benefits and good causes, performing at fundraising events to raise awareness and money for issues like education, healthcare and natural disaster relief.
Rihanna’s charitable work shows her compassion for underserved populations and her desire to give back. Though she came from humble beginnings, Rihanna recognizes her position of influence and uses it to advocate for important social issues. Her foundation works to improve the quality of life for communities in the Caribbean and Sub-Saharan Africa by providing grants and scholarships for education, healthcare, and emergency response.
The pop star’s generosity and activism set an example for her fans and peers. Rihanna encourages others to contribute to the causes they care about and make a positive difference in the world however they can. Through her foundation and philanthropic efforts, Rihanna strives to empower underprivileged groups and promote equity, access, and justice for all. Her charitable work is an inspiration and a model for celebrity philanthropy and social responsibility. Overall, Rihanna’s philanthropic impact is truly making a difference.
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Rihanna Net Worth 2024 – FAQs
Rihanna’s net worth in 2024 is estimated to reach over $1.7 billion, cementing her status as the richest female musician in the world. Her fortune comes primarily from her successful cosmetics company, Fenty Beauty.
Launched in 2017, Fenty Beauty is worth $1.4 billion, with Rihanna owning 15% of the company. The brand is hugely popular, praised for its inclusivity with products for all skin tones. Fenty Beauty brought in over $570 million in revenue in its first 15 months.
Rihanna also owns a lingerie line, Savage X Fenty, valued at $1 billion. Like Fenty Beauty, Savage X Fenty is known for its body positive and inclusive image. Rihanna’s business ventures, including Fenty Skin, show no signs of slowing down.
The Bajan singer and entrepreneur also earns millions annually from her music. She has sold over 250 million records worldwide, with hit songs like “Umbrella”, “We Found Love” and “Diamonds”. Rihanna continues to record and release new music, though at a slower pace as she focuses on her companies.
Rihanna is an active philanthropist, donating millions to causes like health, education, and disaster relief through her Clara Lionel Foundation. She also serves as an ambassador for Global Citizen and the Global Partnership for Education.
Between her music, brands, and ambassador roles, Rihanna reportedly earns between $70 to $80 million each year. Her ventures and accolades have made her an icon and inspiration. If Fenty Beauty and her other brands continue their upward trajectory, Rihanna’s net worth could reach $2 billion or more by 2024.
Is Rihanna richer than Beyonce?
When it comes to music industry moguls, Rihanna and Beyoncé are two of the biggest names. While Beyoncé has been a superstar for decades, Rihanna has built up an impressive empire and amassed an eye-popping net worth. At just 32 years old, Rihanna became the world’s richest female musician, surpassing even Queen Bey herself.
Rihanna’s net worth is estimated to be around $1.7 billion, largely thanks to her wildly successful cosmetics and lingerie lines. Fenty Beauty, her makeup brand, generates over $100 million in revenue annually and is worth between $2 to $3 billion. Rihanna owns 50% of the company, so her cut is worth at least $1 billion. Her lingerie line, Savage X Fenty, is valued at around $1 billion, and Rihanna owns 30% of that brand. These business ventures, combined with Rihanna’s music career in which she’s sold over 200 million records, have made her an exceptionally wealthy woman.
Comparatively, Beyoncé’s net worth is around $500 million, making Rihanna significantly wealthier. While Beyoncé has had a longer, very successful music career and has acted in major films, she hasn’t built the type of lucrative business empire outside of music that Rihanna has. Rihanna was able to leverage her fame and create fashion and beauty brands that resonated with her fans, tapping into major markets.
Though Beyoncé will surely continue to bank big bucks from music, movies, and endorsements, Rihanna’s cosmetics and fashion companies provide her assets that should keep paying off for years to come. If Savage X Fenty and Fenty Beauty continue their rapid growth, Rihanna’s $1.7 billion net worth today could swell to well over $2 billion within the next couple of years, leaving no doubt she’s richer than Bey.
How did Rihanna become so rich?
Rihanna has built an empire and amassed a fortune of over $1 billion through her music, fashion brands, and business ventures. Her journey to become the richest female musician in the world started with her music career. She signed with Def Jam records at age 16 and released her first album Music of the Sun in 2005, which reached number ten on the Billboard 200. Her third album, Good Girl Gone Bad, propelled her to international fame and included the hit singles “Umbrella” and “Take a Bow.”
Rihanna’s music success and A-list status led to major endorsement deals and sponsorships with brands like Puma, Dior, and CoverGirl. These deals added tens of millions per year to her net worth. She also co-owns the music streaming service Tidal with other artists like Beyoncé, Jay-Z, and Kanye West.
However, the bulk of Rihanna’s fortune comes from her thriving fashion and beauty empires. Her makeup brand Fenty Beauty, launched in 2017, generated over $550 million in revenue in its first year. Fenty Beauty’s success disrupted the beauty industry by offering a wide range of foundation shades for all skin tones. The brand’s inclusive vision epitomizes Rihanna’s influential voice and values. Her lingerie line Savage X Fenty is also a massive success, recently raising $115 million in funding and reaching a $1 billion valuation.
Between her music, brands, real estate holdings, and other investments, Rihanna’s empire will likely only continue to grow in the coming years. Her journey from a teen pop star to a global cultural icon and billionaire businesswoman serves as an inspiration. Rihanna’s success demonstrates how creativity, work ethic, and a desire to make positive change can lead to prosperity and empowerment.
Is Rihanna richer than Taylor Swift?
When it comes to the world’s wealthiest female musicians, Rihanna and Taylor Swift are frequent contenders for the top spot. As of 2024, Rihanna has amassed an estimated net worth of $1.4 billion, putting her $300 million ahead of Swift. How did Rihanna build such an impressive fortune and surpass Swift’s net worth?
A huge portion of Rihanna’s billion-dollar wealth comes from her 50% ownership in Fenty Beauty. Launched in 2017, the cosmetics company revolutionized the beauty industry by offering a diverse range of products for all skin tones. Valued between $2 to $3 billion, Fenty Beauty has been a massive success and Rihanna’s most lucrative business venture.
In addition to Fenty Beauty, Rihanna owns 30% of the popular lingerie brand Savage x Fenty. Established in 2018, the size-inclusive brand has skyrocketed in popularity and achieved “unicorn” status with a $1 billion valuation.
While Swift initially gained fame and wealth through her music career, Rihanna has built an entertainment and business empire. In addition to her successful music, acting, and television pursuits, Rihanna has proven herself a shrewd businesswoman with a keen eye for developing inclusive and trendsetting brands. Her impressive portfolio of companies and real estate investments have cemented her status as the richest female musician in the world.
Though Swift continues releasing hit records and touring the globe, Rihanna’s business acumen and entrepreneurial spirit have allowed her to achieve billionaire status through building brands and companies. By following her passion for developing inclusive products and taking risks on new ventures, Rihanna has amassed a fortune worthy of her pop superstardom.
How much does Rihanna earn in a month?
Rihanna is one of the highest-paid musicians in the world, so you can bet she rakes in some serious cash every month. The majority of Rihanna’s monthly income comes from her business ventures, including her wildly successful cosmetics line Fenty Beauty. As a co-owner, Rihanna earns a percentage of Fenty Beauty’s profits, which average an estimated $570 million in revenue per year. If we assume Rihanna takes home at least 50% of the profits from her 50% stake in the company, that works out to $285 million annually or $23.75 million each month.
Rihanna also earns money from her Savage x Fenty lingerie line, her music catalog, and various endorsement deals. Her music catalog, which includes hit songs like “Umbrella,” “We Found Love,” and “Diamonds,” generates over $20 million annually in royalties, amounting to $1.67 million per month. Endorsement deals with brands like Dior, Stance, and Puma add several million more to Rihanna’s monthly income.
Between her business ventures and entertainment work, Rihanna likely earns a minimum of $25 million per month. Of course, this number fluctuates and can be higher in months where Rihanna releases new music, goes on tour, or drops a new Fenty collection. Rihanna is known for her lavish spending on real estate, luxury cars, and an overall opulent lifestyle, but she also donates generously to important causes like natural disaster relief, global education, and health care. With so much monthly income and a billionaire-level net worth, Rihanna has earned the right to spend and give as she pleases while still growing her empire.
Conclusion
So there you have it – Rihanna’s incredible empire and wealth that has cemented her status as the richest female musician worldwide. With her business savvy, creative vision, and tireless work ethic, Rihanna diversified her income sources through companies she founded or invested in. Her success serves as inspiration, showing us that with passion, talent, and smart financial decisions, we too could build something extraordinary. Rihanna’s journey teaches us to dream big, work hard, take risks, and leverage opportunities. Who knows – maybe one day, with the right mindset, you’ll also join the billionaires’ club!
