What is Rihanna's Net Worth?
Rihanna is a Barbados-born singer, songwriter, actress, and entrepreneur who has a net worth of $1.4 billion. Rihanna's net worth makes her the richest female musician in the world. Rihanna is one of the most popular and commercially successful music artists in the world today. A large portion of her net worth is attributable to the value of her Fenty Beauty Line, which is a partnership with luxury goods company LVMH. The brand generates north of $100 million in revenue. Rihanna reportedly owns 50% of the partnership, and the brand is worth $2-3 billion. She also owns 30% of a lingerie brand called Savage X Fenty, which is currently worth around $1 billion.
In a given year, Rihanna earns $40 – $80 million from her expanding empire. For example, between June 2018 and June 2019, she earned $65 million. Between June 2019 and June 2020, she earned $45 million.
The Barbados-born singer rocketed to stardom in 2005 thanks to her debut album, "Music of the Sun," and it has been a whirlwind of tours, awards ceremonies, talk shows and red carpet appearances, acting jobs, and fashion empires ever since. To date, she has sold 60 million albums and 120 million singles. She is the best-selling digital musician ever. She is the youngest solo artist to have had 12 #1 singles on the Billboard charts and has won countless major awards.
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Early Life
Robyn Rihanna Fenty was born on February 20, 1988, in Saint Michael, Barbados. She is of Afro-Barbadian, Afro-Guyanese, and Irish descent. She grew up in a rocky home environment due to her father's alcoholism and crack cocaine addiction, turning to music as a solace. After being discovered in Barbados by American record producer Evan Rogers, he brought her to the United States, where she recorded demos and was signed to Rogers' and Carl Sturken's production company, Syndicated Rhythm Productions.
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Music Career
After her demo was heard by rapper Sean Carter, aka Jay-Z, who was the then CEO of Def Jam Records, Rihanna was invited to audition for him. She was immediately signed to a six-album record deal in 2004.
She worked with a team of producers, including Jay-Z, on her debut studio album, "Music of the Sun" (Aug. 2005). This was quickly followed up by "A Girl like Me" (Apr. 2006), Rihanna's first album to be certified platinum by the RIAA. The 2007 album "Good Girl Gone Bad" received positive critical reviews, and its lead single, "Umbrella" sold over 8 million copies worldwide. She won a Grammy Award in 2008 for Best Rap/Sung Collaboration alongside Jay-Z.
Her subsequent album releases include "Rated R" (2009), "Loud" (2010), "Talk That Talk" (2011), "Unapologetic" (2012), and "Anti" (2016). Other notable singles she has collaborated on 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 "This Is What You Came For" (2016) with Calvin Harris.
In October 2022, Rihanna released "Lift Me" from the "Black Panther: Wakanda Forever" soundtrack, her first solo musical release since 2016's "Anti." In February 2023, she headlined the Super Bowl LVII halftime show, which became the most-watched halftime show in history.
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Awards
Over the course of her career, Rihanna has received numerous awards, including 9 Grammy Awards, 12 Billboard Music Awards, 13 American Music Awards, and 8 People's Choice Awards, among many others. She also holds six Guinness World Records.
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Acting and Television Pursuits
Rihanna's film debut came in the August 2006 film "Bring It On All or Nothing," where she made a cameo as herself. In 2012, her television program "Styled to Rock" premiered in the UK, followed by the American version of the show in 2013. Other films she has been in include "Battleship" (2012), "Valerian and the City of a Thousand Planets" (2017), "Ocean's 8" (2018), and "Guava Island" (2019). She also voiced the role of Tip in the animated film "Home" in 2015, releasing a concept album soundtrack for the film.
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Business Empire/Billionaire
Rihanna has successfully translated her fame into various successful business ventures and deals. In 2015, she signed a $25 million contract with Samsung to promote their Galaxy line of products. Other brands she has worked with include Secret Body Spray, MAC Cosmetics, Budweiser, Armani, Dior, Cover Girl, Gucci, Clinique, and River Island. In 2014, she became the creative director of the fashion sportswear brand Puma, overseeing the brand's women's line and releasing sold-out apparel and footwear collaborations. She is also co-owner of the music streaming service Tidal, along with other celebrities like Jay-Z, Madonna, and Kanye West.
In September 2017, Rihanna launched a makeup line called Fenty Beauty in partnership with luxury goods maker LVMH's Kendo Brands. The brand made $100 million in revenue in its first two months. In 2018, the line generated $570 million. It's conceivable that the total value of the brand would be $2 – $3 billion based on a 7X revenue multiple. It's been reported that Rihanna owns 50% of the brand. At these valuation levels, Rihanna's stake is worth $1-1.5, pre-tax.
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In addition to Fenty Beauty, Rihanna also co-owns the lingerie brand Savage X Fenty, which launched in 2018. She owns 30% of this brand. Today, Savage x Fenty is worth $1 billion.
She previously owned the fashion/accessories brand Fenty. This brand was shuttered. In July 2020, she launched the skincare brand Fenty Skin.
Philanthropy
Rihanna is consistently one of the most philanthropic celebrities on the planet. In 2020, she donated $8 million to support coronavirus relief. Through her Clara Lionel Foundation, she has given more than $2 million to help abuse victims in Los Angeles and $5 million to other charities.
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Personal Life
Rihanna has had several high-profile romances, such as with rapper Drake (on and off from 2009 to 2016) and Saudi businessman Hassan Jameel (2017 to January 2020). But perhaps her most famous relationship was with rapper Chris Brown. In 2009, reports surfaced that her then-boyfriend Brown had physically assaulted Rihanna. Subsequently, leaked photographs showing visible facial injuries on Rihanna confirmed those reports. Brown was charged with felony assault and making criminal threats and sentenced to community labor and five years of counseling after accepting a plea deal. Rihanna and Brown briefly reunited in 2013 for a few months.
From 2017 through January 2020, Rihanna dated Saudi businessman Hassan Jameel. In May 2021, it was revealed that Rihanna and rapper ASAP Rocky were in a relationship. They had a son in May 2022. And during the Super Bowl LVII halftime performance, Rihanna revealed she was pregnant with their second child.
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Real Estate
In 2009, Rihanna paid $6.9 million for a mansion in Beverly Hills. The stunning house boasted lots of glass, high ceilings, and wood floors and had a chic, modern feel that seemed like a perfect match for the then-21-year-old singing sensation. The 10,000-square-foot home boasted eight bedrooms and ten bathrooms. Stunning views of the valley below, floor-to-ceiling windows, a massive backyard with a pool, a tiled terrace, a stunning open-plan kitchen with all new fixtures, and a media room, among many other luxury amenities, made the house seem like the ultimate rock-star pad. Unfortunately, the home also had a massive water leakage problem, among other issues. In 2011, Rihanna put the seemingly possessed house on the market for a significant reduction in price, $4.5 million. Simultaneously, she filed a lawsuit claiming that she was told the home was in excellent condition when she purchased it and was not aware of the structural problems. These problems include a balcony that slopes strangely and basically drains any rainwater directly into the house. In 2012, she accepted $5.03 million for the home. The next owner repaired the water issues and sold the mansion in 2014 for $7.6 million. In January 2016, John Legend and Chrissy Teigen paid $14.1 million for the mansion. They listed the home for $22 million in 2021, ultimately accepting $16.8 million a few months later. Here's a video tour of this home:
From 2013 to 2017, Rihanna paid a reported $50,000 per month to rent a penthouse in Manhattan, New York. She then moved to England, where she rented a home in West London for $20,000 per month.
In October 2014, Rihanna paid $5.545 million for a condo in LA's Century City neighborhood.
In 2017, she bought a home in the Hollywood Hills. About a year after purchasing the property, she had a frightening break-in. Six months later, she listed the property for sale for $7.5 million. She eventually began offering it as a rental for as much as $35,000 per month. She sold this home in August 2022 for $6.6 million.
She reportedly also owns a $22 million property in Barbados.
In March 2021, Rihanna paid $13.8 million for a home in Beverly Hills. A month later, she paid $10 million for the house immediately next door.
In April 2023, it was revealed that Rihanna purchased a 9,300-square-foot home in Los Angeles called the "Mansion in the Sky" for $21 million. She listed this property for sale in March 2024 for a bit under $25 million. She sold it in May 2024.
