How Much Is Rihanna’s Net Worth?
Rihanna is undoubtedly one of the most popular female musicians out there. She’s a singer, a dancer, an actress, and a fashion icon. This multi-talented starlet garnered plenty of fame with her debut single when she was only 17.
Though the singer has been taking a break from making music, she’s still an incredibly accomplished businesswoman and philanthropist.
Her numerous projects are extremely fruitful, it’s almost like everything she touches turns to gold. The reason behind her billionaire status is none other than her makeup brand, Fenty Beauty.
It goes without saying that the life of the superstar is an interesting one. In this article, we’ll go through Rihanna’s net worth, upbringing, and rise to fame. So, keep reading to find out more!
Rihanna Net Worth
As of October 2022, Rihanna’s estimated net worth is $1.7 billion. This cements her status as the wealthiest musician in the world. Still, she isn’t the richest female celebrity. That title belongs to Oprah.
Though it may be surprising, Rihanna doesn’t owe these millions to her singing career. The Barbadian singer is also an accomplished businesswoman who garnered wide success in the fashion and beauty industry.
Rihanna has multiple profitable businesses, including Fenty Beauty, Fenty fashion, Savage x Fenty, and most recently, Fenty Skin. With all these successful endeavors, it’s no wonder she’s a billionaire!
Rihanna was born to become a star. The singer / actress / fashion designer has always possessed star quality, as evident from her early life and upbringing.
It might surprise you to find out that Rihanna’s birth name is Robyn Rihanna Fenty. Robyn was born in Saint Michael, Barbados, on February 20, 1988.
Though she’s now a billionaire, Rihanna doesn’t come from wealth. In fact, she had to sell clothes on the street with her father to earn a living.
Still, RiRi always had a passion for music. When she was only 15, she formed a girl group with two of her classmates. The unnamed girl group then auditioned with American producer Evan Rogers, who singled out Rihanna and helped her record her first hit, Pon de Replay.
Rihanna grew up in quite a large family. The singer has two brothers, Rorrey and Rajad, and three half-siblings from her father’s side.
That said, the superstar doesn’t have a particularly warm relationship with her father. The reason behind this is her relatively rocky upbringing.
Her father had problems with alcohol and drug abuse and would be physically abusive to the family. Naturally, this put a strain on their relationship.
In fact, life at home was so bad that Rihanna would get horrible headaches. Doctors suspected a brain tumor, but Rihanna’s health significantly improved once her parents divorced and her father moved out.
The trouble didn’t stop there. The pop star filed a lawsuit against her father, Ronald Fenty, for false advertising in 2019. The reason behind this was Ronald’s entertainment company, Fenty Entertainment.
Many people lot of people thought the pop star was affiliated with this company, especially after Ronald tried to book a tour on behalf of Rihanna.
However, the father and daughter handled the lawsuit privately, with Rihanna later dropping all legal charges.
Since Rihanna is one of the most famous people in the world, there has always been a spotlight on her personal life, particularly regarding dating! Though the Barbadian star keeps most of her affairs private, some long-term relationships were able to reach the media.
You’ve probably heard of the princess of pop’s infamous relationship with singer Chris Brown. The couple parted ways in 2009, but later rekindled their relationship for a brief period in 2013.
In addition, RiRi had an on-again-off-again relationship with Canadian rapper, Drake, from 2009 to 2016. They also collaborated on multiple records.
Shortly after, Rihanna started dating Saudi businessman, Hassan Jameel. Still, the couple didn’t make it long, breaking up after almost 3 years.
However, There have always been speculations about Rihanna’s relationship with American rapper, ASAP Rocky. The couple frequently collaborated together, and Rocky even joined RiRi on her 2013 tour as an opening act.
Rihanna and ASAP Rocky are still going strong. They were recently blessed with a son, born May 19, 2022. Though, as of writing this article, the couple still hasn’t revealed their newborn’s name.
You can’t mention Rihanna without talking about her spectacular musical career. After all, there’s a reason she earned the nickname ‘the princess of pop.’
Once RiRi finished recording her first single and sent it out to different record labels, she immediately signed a deal with Def Jams. The CEO at the time, superstar Jay-Z, was certain she was going to make it big.
He was right. Rihanna quickly climbed the charts with her debut album ‘Music of the Sun.’ She then went on to make another record, but it wasn’t until her third studio album ‘Good Girl Gone Bad’ that she became a superstar.
This album has many hits that even non-fans of Rihanna know, such as ‘Umbrella’ and ‘Don’t Stop the Music.’
Her fourth album, ‘Rated R’, was also a commercial success. This record was a turning point for RiRi’s career. Not only did the album include excellent music, but the album cover, tour, and promotions showcased Rihanna’s stage presence and fashion sense.
From then, the star’s career continued to go up. In 2010, Rihanna released ‘Loud’, her fifth album, which was also a massive achievement for the pop star.
Rihanna quickly followed up her successful music with more excellent records, releasing ‘Talk that Talk’ and ‘Unapologetic in 2011 and 2012 respectively.
After all the hard work, Rihanna took a break for four years, before releasing her hit record ‘Anti.’ This album was a commercial and critical success. It sold over 11 million copies worldwide, becoming her best-selling album to date.
Unfortunately, Rihanna took an even longer hiatus from making music since her last album. The singer started to focus on her fashion career, which turned out to be the correct business move!
However, RiRi fans greatly missed her tunes. Media and fans alike speculated whether or not she was returning to the music industry, with many people believing the Only Girl singer to be retired.
However, Rihanna assured fans that nothing will stop her from making more music, not even her pregnancy!
Thankfully, after six years of waiting, the princess of pop has returned. In October 2022, Rihanna dropped ‘Lift Me Up’, which is a part of the soundtrack for Black Panther: Wakanda Forever.
Rihanna’s Business Ventures
Not only is Rihanna a brilliant musician, but she’s also a fashion icon. RiRi has always made her interest in fashion clear. Her style helped her kick-start her career as a fashion designer and creative director
First, Rihanna became the creative director of Puma in 2014. She was responsible for the great success of their women’s line. In fact, the first trainers she made with the sports brand sold out in less than one hour.
Rihanna’s eye for fashion was apparent. So, in 2016 she designed her first fashion line for Puma. She chose her surname Fenty, as a name for this line.
Fenty x Puma was an instant success. Critics and fashion lovers alike raved about these ready-to-wear collections.
With Rihanna positioning herself as an accomplished designer, she was able to secure her own fashion house.
Though many celebrities have released clothing lines, none did it quite like the Barbadian-born singer. Fenty was truly a luxury fashion house, especially since it was under the Louis Vuitton fashion group.
Fenty marked the first new fashion house to be under LVMH since 1987. Additionally, Rihanna was the first woman of color to head a fashion house under the Louis Vuitton group.
Sadly though, while RiRi has a dedicated fanbase, not many could afford the luxurious Fenty items. So, this led to the closing of Fenty in February 2021.
Rihanna didn’t only design luxury fashion under the LVMH group, but she also launched Fenty Beauty, one of the most popular makeup brands in the world.
Most of the singer’s wealth is due to Fenty Beauty, which she owns 50% of. The brand is popular due to its inclusivity and innovative products.
Fenty Beauty gained a lot of attention due to the various shades it offers. Other makeup companies didn’t offer the same range.
Furthermore, Fenty Beauty released original products, unlike any others on the market. This includes lip paints, highlighter sticks, and body lava.
Due to the diverse and unique nature of the beauty brand, its sales are constantly skyrocketing. This brand is now worth an astonishing $2.8 billion.
Savage x Fenty
RiRi’s love for style didn’t stop there. In 2018, Rihanna released a lingerie brand, Savage x Fenty, which completely revolutionized the lingerie industry.
Like Rihanna’s other ventures, Savage x Fenty operates on diversity and inclusivity. It offers lingerie and sleepwear for all genders, sizes, and backgrounds.
What makes Savage x Fenty so special is its multiple brand ambassadors. They range from A-list celebrities to supermodels.
Furthermore, Savage x Fenty hosts an annual fashion show, with brand-new designs, musical performances, and choreographies. It’s hard to imagine that Savage x Fenty wouldn’t be successful!
Savage x Fenty has an estimated worth of $1 billion, and it’s still continuing to grow.
Rihanna’s business ventures aren’t over yet. In 2020, Fenty Beauty branched out to include skincare. The line was appropriately named Fenty Skin.
Rihanna is a busy woman. With her billion-dollar beauty brand, it’s surprising that she has time for anything else.
Yet, Rihanna still frequently participates in the entertainment industry. She also never forgot her roots, as evident by her philanthropic work.
Like many celebrities, Rihanna has made multiple cameos in movies and documentaries as herself. However, the starlet also took on acting, proving how multi-talented she is.
RiRi made her acting debut by appearing in Battleship. There were conflicting opinions regarding Rihanna’s performance.
On one hand, she won a Teen Choice Award for best breakout star. On the other hand, her performance earned her a Razzie for worst supporting actress.
Still, the ‘Unfaithful’ singer didn’t lose faith. She continued to appear in films. She gained widespread success for voicing the main character in the animated movie ‘Home.’
Additionally, Rihanna appeared in the ensemble movie, Ocean’s 8, alongside other female film legends.
Her last film appearance was in 2019. The pop star appeared alongside fellow musician, Childish Gambino, in the musical ‘Guava Island.’
Clara Lionel Foundation
In 2012, Rihanna founded the Clara Lionel Foundation. The billionaire chose this name for the foundation in honor of her grandparents, Clara and Lionel Braithwaite.
The non-profit organization works on disaster preparedness and resilience. It also funds education and health.
CLF was present and provided relief during multiple hurricanes and natural disasters around the world, including Hurricane Maria, Dorian, and Cyclone Idai.
Furthermore, Rihanna donated $5 million during the COVID-19 pandemic when it first started in March 2020. She continued the donations which reached over $47 million.
If that wasn’t enough to prove RiRi’s good heart, the singer also hosts an annual Diamond Ball to raise funds for her foundation.
It’s unlikely that you’ll find someone who doesn’t know who Rihanna is. The talented pop star has made quite a name for herself.
Not only is the Barbadian singer famous for making multiple hits, but she’s also a fashion icon, a businesswoman, a fashion designer, and an actress!
In 2022, RiRi earned her billionaire status due to owning 50% of Fenty Beauty, her self-named, inclusive makeup brand.
If that wasn’t enough, the princess of pop also owns Savage x Fenty, a renowned lingerie brand. Rihanna’s net worth is an astounding $1.7 billion.
Still, Rihanna never forgets her roots. Her philanthropic endeavors continuously provide aid and crisis management, particularly during natural disasters and the COVID-19 pandemic.
This is all possible due to the Clara Lionel Foundation, which gets its name in honor of Rihanna’s grandparents.