Rihanna is one of the most recognizable faces in the music industry. Her net worth, however, stems mainly from a successful entrepreneurial career.
Rihanna is one of the most awarded musicians in the world, with 9 Grammys and 12 Billboard Music Awards on her resume. She is also one of the world’s richest musicians, with a staggering net worth coming from her successful businesses.
But Rihanna wasn’t always like this. Her story of family abuses and hardship make her a truly “self-made woman”.
Rihanna was born in Saint Michel, on the island of Barbados. Her father was an alcoholic and crack addict, forcing her to find solace elsewhere. Hence, Rihanna rejoiced in music from a very early age, and immediately showed talent with her magnificent voice.
At 16, she signed her first contract and moved to the United States. When the rapper Jay-Z heard Rihanna’s first demo, he immediately signed a 6 album deal with her, launching the young woman in the music world.
Rihanna’s debut album, Music for the Sun , was a commercial success, reaching the top 10 billboard in the United States and Canada. Her second album, A Girl like Me , was certified two times platinum and the SOS single reached number 1 in the United States.
Rihanna would continue to make one successful album after the other. The Billboard Magazine positioned her as the best digital artist in the 2000-2010 decade.
Following this quick and strong rise in popularity, Rihanna accompanied the musical career with an entrepreneurial path. And just like that, Rihanna turned her fame into a business empire.
Fenty beauty
Rihanna’s full name is Robyn Rihanna Fenty, and she used her last name as inspiration for calling her new line of makeup. In 2017, Fenty Beauty was born and immediately became a successful business worldwide.
This wasn’t the first time Rihanna mingled with the fashion industry. She had signed millionaire contracts with Giorgio Armani, Dior, Gucci, Clinique… all to promote their products.
Therefore, when she founded her own brand, she already had experience and a wide network in the industry. In the first two months, Fenty Beauty made $100 million in revenues. Today, the brand’s valuation is between $2 and $3 billion.
Rihanna herself owns half of the business, and she partnered with the giant luxury conglomerate LVMH.
With these numbers, it is pretty easy to calculate Rihanna’s net worth, which should be around $1.7 billion.
A talented artist and a talented entrepreneur, Rihanna’s net worth is surely destined to go up. At only 35 years old, Rihanna is the richest female musician in the world, and her limits are only the stars.
