Rihanna Net Worth : Career, Investments & Vacations

One of the richest singers, actresses, fashion designers, and businesswomen, Rihanna net worth is estimated to be $600 million, making her one of the richest singers in the world.

She is one of the best-selling music artists with sales of over 250 million records worldwide.

Rihanna (Source: Instagram)

She was discovered by Evan Rogers, an American record producer, who invited her to record demo tapes in the United States.

She was signed to Def Jam in 2005 and soon gained recognition with the release of her first two studio albums.

Both of her albums, Music of the Sun (2005) and A Girl like Me (2006), peaked within the top ten of the US Billboard 200 chart and were influenced by Caribbean music.

She has also managed to earn 14 number-ones and 31 top-ten singles in the US and 30 top-ten entries in the UK.

Her accolades include nine Grammy Awards, 13 American Music Awards, 12 Billboard Music Awards, and 6 Guinness World Records.

It doesn’t end there; Time magazine named her as one of the 100 most influential people in the world both in the year 2012 and 2018.

She is loved in her country and was appointed as an ambassador of education, tourism, and investment by the Government of Barbados in 2018.

In 2017, she founded the fashion house Fenty, where she served as the artistic director.

This also made her the first black woman to head a luxury brand for LVMH (Moët Hennessy Louis Vuitton) group.

Quick Facts: Rihanna

Net worth and Income

Rihanna is the wealthiest female musician, with Forbes ranking her among the top ten highest-paid celebrities in 2012 and 2014.

According to Forbes, she grew her net worth from $210 million to $600 million in the past year.

Eventually, just at the age of 32, she marked her place as the world’s richest female musician.

She was also the third highest-paid female singer of 2019. She has earned millions from her tours.

Rihanna in a concert (Source: Pinterest)

The most prolific of which was the Diamonds World Tour in 2013, which grossed more than $140 million worldwide.

Needless to say, she also profits from tour sponsorships.

On her Anti World Tour in 2016, Rihanna reportedly signed a $25 million contract to promote Samsung.

She’s sold more than 60 million albums and 215 million digital tracks.

In 2016, she reportedly earned $22.3 million from music alone, with $7.6 million from streaming and $2.5 million from sales.

Similarly, Rihanna is also part-owner of the streaming service Tidal, which has sold stakes for millions of dollars.

Rihanna has made a name for herself in the fashion and beauty retrial space; hence the entertainment industry represents only a portion of the singer’s wealth.

Net Worth of Rihanna in Different Currencies

Let’s have a look into Rihanna’s net worth in different currencies.

Fashion and beauty line

Her fortune isn’t just limited to her music, but she has been able to grow it through brand partnerships and also from her own product lines.

After its launch in September 2017, in just 15 months, Fenty Beauty raked in $570 million in revenue.

A large part of Rihanna’s net worth comes from her partnership with French luxury goods giant LVMH.

Rihanna, together with LVMH, launched Fenty in 2019, which is a clothing house with clothes, shoes, accessories, and jewelry.

Fenty Beauty (Source: Instagram)

LVMH reportedly owns half of Rihanna’s makeup brand, Fenty Beauty, while Rihanna herself reportedly owns 15%, which is reportedly worth to be $3 billion.

All Rihanna’s Fenty lines helped her earn $62 million in 2019, making her the third highest-paid female singer that year — quite the jump from the seventh spot she held prior.

These together helped her grow her net worth from $210 million in 2018 to $600 million in 2019, making her one of America’s richest self-made women.

I never thought I’d make this much money, so a number is not going to stop me from working,” she told The New York Times Style Magazine.

Rihanna’s House, Cars, and Yacht

House

In 2009, Rihanna bought a property in the Beverly Hills Post Office area in Los Angeles, which measured three-quarters of an acre, with the house featuring eight bedrooms and ten bathrooms in total.

She purchased it for 6.9 million dollars and later sold it at 5.03 million dollars.

In 2013, she purchased a beachside villa at One Sandy Lane, which was worth $22 million. Rihanna still owns this property.

In 2014, she invested 5.5 million for a penthouse in the Robert A.M. Stern designed Century Tower.

Reportedly, Rihanna stills owns this and uses it as her main property.

In 2015, she paid $925,000 for a Wilshire Corridor condo, and as of 2021, it seems that the star still owns the home.

One of her villa of a Mediterranean style in Hollywood Hills, which she bought in 2017 at $6.8  million, is on the market for $7.5 million.

However, there have been no buyers as of mid-2019, and hence the mansion is now in the market at a rental cost of $35,000 a month.

Rihanna went big in 2021, as she made headlines when she bought not one but two properties.

One was a contemporary style property which was 13.8 million dollars, while the other was a Tudor style home which was 10 million dollars.

Rented Spaces

In 2012, she rented a Pacific Palisades mansion for $65,000 a month, which had an area of 10,970 sq foot and consisted of a 6 thousand square foot garden along with seven bedrooms and nine bathrooms.

In 2013, she yet again rented a Manhattan’s Chinatown located penthouse at $50,000 a month, which spanned 7 thousand square feet and a luxurious apartment overall.

Rihanna’s Mansion

The Fortress (Source: www.architecturaldigest.com)In 2014, Rihanna is known to have lived in the house known within the industry as a Fortress.

The singer who moved out from the property in 2017 paid $60,000 a month for the modern mansion.

Alongside her home in the States and her home country, Rihanna also rented a 19th Century house located in St. John’s Wood district in London in the year 2018.

She rented this Victorian-era house for $25,000 a week.

The Hampton House (Photo: David Krieger/Bauer-Griffin/GC Images)

Likewise, she rented a house in Hampton in the summer of 2020 at $415,000 a month.

Cars

One of Rihanna’s fastest cars is the Porsche 997 Turbo.

Alongside, she is one of the millions to own a Porsche 911 Turbo S.

The Lamborghini Aventador (Source: hotcars.com)

She also owns a Chevrolet Suburban LTZ, which is one of her low-ranging cars. Her luxury car includes The Lamborghini Aventador and Mayback 57S.

Mayback 57S (Source: hotcars.com)

She also owned Mercedes SLR McLaren, which was rated at 1 million dollars.

Yacht

Rihanna is often spotted on a yacht.

Rihanna was spotted in 2011 on a yacht named Latitude.

Similarly, she celebrated New Year 2015 on a Diddy’s Yacht Oasis.

Rihanna in a Yacht (Source: Zimbio)

In July 2013, she was seen with Cara Delevene on a Board Superyacht Andreas L in Monaco.

Lifestyle and Vacations

Rihanna has been spotted vacationing in Portofino, Italy. St. Tropez, Barbados.

Rihanna on vacation (Source: thetravel.com)

She has also been seen with her then-beau Saudi businessman Hassan Jameel on the Amalfi Coast in Nerano, Italy.

She was also seen with him in Spain, where they were first linked.

Charity

Rihanna is the most charitable celebrity.

She has a charity organization Clara Lionel Foundation which works to CLF supports and funds education initiatives and emergency responses to natural disasters.

They also focus on the climate change effects and advocate for policy and systems change to improve the quality of life for communities across the globe.

For coronavirus relief efforts, the singer has donated upwards of $8 million.

She also recently gave $1 million to New York’s needy, $2.1 million to abuse victims in LA, and $5 million to other charities through her Clara Lionel Foundation.

The charity organization further went on to donate 5 million dollars to support the efforts of combating the COVID issues, helping out those vulnerable in the US, the Caribbean, and Africa.

The few organizations that the foundation donated to include Direct Relief, Feeding America, Partners in Health, The World Health Organization’s COVID-19 Solidarity Response Fund, and the International Rescue Committee.

The donation’s purpose is to purchase medical supplies, benefit several food banks and help accelerate testing efforts in more vulnerable countries.

Rihanna’s Charity ball in Beverly Hills (Source: rte. i.e.)

Apart from her own organization, Rihanna is a celebrity well known for her philanthropy.

She was named Harvard Humanitarian of the Year in 2017.

She has collaborated with the organizations such as Raising Malawi, Save the Children, Stand Up to Cancer, Believe Foundation, and UNICEF, just to name a few.

Movies, Investments, Endorsements & Book Publications

Movie

Apart from being a world-renowned singer, Rihanna has also been a part of the film industry.

Her most recent project was the movie Ocean’s 8, released in 2018, where she played the role of Nine Ball.

Worldwide, this movie which had an all-women film, grossed $297,718,711.

Ocean’s 8 (Source: IMDb)

She also has played the role of Bubble in the movie Valerian and the City of a Thousand Planets, released in the year 2017.

The movie grossed $225,973,340 worldwide.

Released in the year 2006, Bring it On All or Nothing was her debut movie where Rihanna made her cameo appearance.

Battleship, where she plays one of the lead characters in one of her well-acclaimed movies released in the year 2012.

The First Monday in May, Jeremy Scott: The People’s Designer, Annie, This is the End, and Wreck-it-Ralph are other movies Rihanna has been a part of.

Similarly, she has also voiced one of the main characters in the animated adventure movie Home.

She has also starred in an American reality competition television series Styled to Rock.

Investments

Rihanna invested in a Black-and-woman owned vegan cookie business Partake Foods.

The vegan company received $4.8 million in series.

Funding in December is known for its allergen-friendly cookies,

The round of investments along with Rihanna was made by investors, including NFL linebacker Bobby Wagner and former NBA player Kevin Johnson’s Black Capital.

This is Rihanna’s first investment which is not a personal venture.

Endorsements

Rihanna is known to be the most marketable celebrity out of all the big names.

In 2007, Rihanna signed with CoverGirl. Similarly, she has been the face of Gucci Tattoo Heart Collection (2009) campaigns, Got Milk (2008), and Totes Umbrella (2007).

Her celebrity endorsements also include Secret (2005), Nike (2006), JC Penney (2006), Clinique Happy (2006).

In February 2011, her debut celebrity fragrance with Parlux, Reb’l Fleur, was launched, which is estimated to have brought in $80 million in sales.

Endorsements (Source: Pinterest)

Furthermore, she has also designed collections for brands such as River Island, Armani and also obtained a creative partnership with MAC.

Brands such as Dior, Balmain, Gucci, Manolo Blahnik, Louis Vuitton, Cover Girl, have a deal with the entertainer.

Similarly, luxury jewelry line Chopard, sock company Stance, and more have all made deals with the entertainer, too.

Likewise, Rihanna was named the creative director for Puma in 2014.

She has since created both clothing and shoe lines that have done exceptionally well, and the company has seen a sales rise.

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Book Publications

Rihanna, the coffee book photo book, was published with Phaidon in the year 2010 originally named “Rihanna: The last girl on earth.”

Editors had positive comments to give on the book.

Rihanna’s Book with Phaidon (Source: Instagram)

The standard Rihanna book costs $150, whereas the Rihanna: Fenty x Phaidon edition costs $175.

The latter also comes with a steel tabletop bookstand.

Career

Rihanna, who formed her musical trio with two of her classmates in 2003, was discovered by an American record producer in Barbados, and it has been a steep uphill for Rihanna since then.

She is a world-famous singer, but her identity does not just rest in her singing alone.

Moreover, she has diversified herself and today is recognized for her many identities.

Her business venture through Fenty has been well-received globally.

This business line also helped spike her net worth.

Other than that, she has also dipped her toes in other ventures, namely movies.

With the innumerable awards that she has been received, she is also a person with a big heart with all the philanthropic activities that she carries out.

Facts about Rihanna

• Rihanna started signing young at the age of 7 and also formed a musical group with 2 girls during her High School.
• The birthplace of Rihanna, Barbados, officially celebrates ‘Rihanna Day’ as a national holiday on the eve of her birthday in February.
• Rihanna was into singing and beauty pageants while growing up but was also a military cadet in her school.

FAQs

Has Rihanna ever had a husband?

No, Rihanna has never been married.

Does Rihanna have kids?

No, Rihanna does not have kids with any of the relationships that she has stayed in.

How many albums has Rihanna released so far?

As of now, Rihanna has released 8 albums.

Categories: Net Worth
Source: ASIA EDU