| Category | Singer, Businesswoman |
|---|---|
| Net Worth | $1.7 Billion |
| Salary | $70 Million/year |
| Date of Birth | February 20, 1988 |
| Place of Birth | Saint Michael, Barbados |
| Gender | Female |
| Height | 5’8″ (173 cm) |
| Known for | Singing, Fenty Beauty, Savage X Fenty |
| Country | United States |
Welcome to this deep dive into the net worth of Rihanna, one of the most successful female artists of all time, and an entrepreneur who has expanded her empire to fashion and cosmetics.
Early Life
Rihanna, born Robyn Rihanna Fenty, was brought up in the parish of Saint Michael, Barbados on February 20, 1988. Growing up with a humble background, she witnessed her parents’ troubled marriage marked by her father’s addiction problems. Despite the struggles, Rihanna’s passion for music was evident early on.
Career Starting Point
Rihanna started her career when she met producer Evan Rogers during his visit to Barbados in 2003. Impressed by her talent, he decided to bring her to the United States where she recorded demo tapes. Her big break came when her tape landed in the hands of Jay-Z, who signed her to Def Jam Records. The release of her debut album “Music of the Sun” in 2005 marked the beginning of her successful musical career.
Finances
Having sold over 250 million records, Rihanna’s music career contributes significantly to her wealth. Yet, her ventures outside music have propelled her net worth into the billions. Her cosmetics line, Fenty Beauty, which she co-owns with luxury goods group LVMH, has generated $570 million in revenue in its first 15 months. She also co-owns the Savage X Fenty lingerie line, which has attracted investments amounting to $115 million.
Personal Life
Rihanna maintains a relatively private personal life. She has been linked romantically to several high-profile individuals over the years, including Chris Brown and Drake. As a philanthropist, she established the Clara Lionel Foundation in 2012, named after her grandparents, which funds education and emergency response programs globally.
Nowadays Activities
Despite a hiatus in releasing music since 2016, Rihanna has remained active in her businesses. In recent years, she has focused on growing Fenty Beauty and Savage X Fenty. In addition, she launched a luxury fashion house under the Fenty name in 2019, also in partnership with LVMH, making her the first woman of color to lead a house under the LVMH brand.
Other Assets
Rihanna’s real estate portfolio is worth millions. In 2020, she purchased a mansion in Beverly Hills for $13.8 million. She also owns a $6.8 million Hollywood Hills mansion, a $5.5 million penthouse in Century City, and a $22 million beachfront home in
Barbados.
