Rihanna Net Worth: Robyn Rihanna Fenty, NH is a singer, actor, and entrepreneur from Barbados; she was born on February 20, 1988. Rihanna, a Barbadian born in Saint Michael and grew up in Bridgetown, auditioned for American record producer Evan Rogers, who brought her to the United States to make demo tapes. Her first two albums, Music of the Sun (2005) and A Girl Like Me (2006), both have Caribbean musical influences and reached the top ten on the US Billboard 200 chart after she signed with Def Jam in 2005.
Rihanna Net Worth
Singer, songwriter, actor, and businesswoman Rihanna was born in Barbados and had a net worth of $1.7 billion. According to her net worth, Rihanna is the wealthiest female musician in the world. One of the most well-known and financially successful musicians working today is Rihanna.
Her association with the luxury goods giant LVMH to create the Fenty Beauty Line has added significant value to her net worth. The company brings in well over $100 million annually. It is said that Rihanna owns 50% of the partnership, and the brand is valued between $2 and $3 billion. She also holds a 30% stake in Savage X Fenty, a lingerie company with an estimated $1 billion market value.
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Rihanna Early Life
On February 20, 1988, Robyn Rihanna Fenty was born in Saint Michael, Barbados. She is of Irish, Afro-Guyanese, and Afro-Barbadian ancestry. Due to her father’s alcoholism and crack cocaine use, she had a difficult upbringing and found refuge in music. Evan Rogers, an American record producer, spotted her in Barbados and took her to the country, where she recorded demos and was signed to their production firm, Syndicated Rhythm Productions.
Rihanna Music Career
Rihanna was asked to audition for rapper Sean Carter, aka Jay-Z, who was the CEO of Def Jam Records at the time after he heard her demo. In 2004, she was instantly given a record deal for six albums.
Jay-Z was one of a group of producers she worked with to create her debut studio album, “Music of the Sun” (Aug. 2005). This was swiftly followed by “A Girl Like Me,” Rihanna’s first album to receive a platinum certification from the RIAA (April 2006). The lead song from the 2007 album “Good Girl Gone Bad,” “Umbrella,” sold more than 8 million copies globally and earned her and Jay-Z the Grammy Award for Best Rap/Sung Collaboration in 2008.
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“Rated R” (2009), “Loud” (2010), “Talk That Talk” (2011), “Unapologetic” (2012), and “Anti” are some of her later albums (2016). The other prominent tracks she has worked on with other artists are “Take Care” (2012) with Drake, “Take This Town” (2016) with Calvin Harris, “Love the Way You Lie” (2010) with Eminem, “Princess of China” (2012) with Coldplay, and “This Is What You Came For” (2016) with Calvin Harris.
Rihanna Business Empire
Rihanna has successfully tapped into her stardom to launch several lucrative business endeavors. She agreed to a $25 million deal with Samsung in 2015 to advertise their Galaxy line of products. Secret Body Spray, MAC Cosmetics, Budweiser, Armani, Dior, Cover Girl, Gucci, Clinique, and River Island are just a few of the other companies she has worked with.
After joining Puma as creative director in 2014, she oversaw the company’s women’s line and introduced collaborations for garments and footwear that quickly sold out. Along with other famous people, including Jay-Z, Madonna, and Kanye West, she is also a co-owner of Tidal’s music streaming service.
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In collaboration with LVMH’s Kendo Brands, Rihanna debuted her Fenty Beauty makeup brand in September 2017. The brand generated $100 million in sales in its first two months. The line brought in $570 million in 2018. Based on a 7X revenue multiple, the brand’s overall value might be between $2 and $3 billion. According to rumors, Rihanna owns 50% of the company. The pre-tax value of Rihanna’s investment is $1 to 1.5 at these valuation levels.
In addition to Fenty Beauty, Rihanna shares ownership of the 2018-launched lingerie line Savage X Fenty. Her share of this company is 30%. Savage x Fenty is currently worth $1 billion.
She formerly owned the clothing and accessory company, Fenty. This company was shut down.