Rihanna Net Worth

Rihanna net worth currently stands at $1.7 billion. This is according to the 2022 Forbes list of the world’s real-time billionaires.

Rihanna is well known for being one of the world’s most successful artists. She’s also an actress, a fashion designer, and a businesswoman.

At just the age of 33, the R&B singer is the richest woman from Barbados and one of the wealthiest women in the world.

Rihanna is also the richest female musician in the world right now, overtaking the likes of Madonna ($570 million), Celine Dion ($450 million), and even Beyonce ($400 million).

Most of Rihanna’s wealth comes from her stake in Fenty Beauty, a rapidly growing cosmetics company. The billionaire owns 50% of the company which is equivalent to about $1.4 billion. She launched the brand in 2017.

The rest of Rihanna net worth comes from music and Savage X Fenty, a lingerie company.

Last year Rihanna was named by Forbes as one of the richest self-made women in the United States. The singer also happens to be the world’s second-richest female entertainer after Oprah Winfrey ($2.6 billion).

So how did Rihanna start and how did she get so rich?

Early Life

Rihanna whose full name is Robyn Rihanna Fenty was born in 1988 in Barbados. Her mother was an accountant and his father was a warehouse supervisor.

She has 2 brothers, 2 half-sisters, and 1 half-brother. Her parents divorced when she was 14.

As a child, Rihanna loved listening to Reggae music. After attending primary school, she decided to pursue a career in music.

young-rihanna
Rihanna before the money and fame

How did Rihanna become a billionaire?

Fenty Beauty

It is surprising that most of Rihanna net worth does not come from music but rather her business ventures.

She is the CEO of Fenty Beauty, a cosmetics brand she founded in 2017. According to Forbes, the company is valued at more than $2.8 billion and Rihanna owns a 50% stake in the company.

The rest of the company is owned by LVMH, a luxury goods company owned by Bernard Arnault, the third-wealthiest individual in the world.

The cosmetics brand has products such as highlighters, foundations, lip glosses, blotting sheets, blush compacts, and bronzers.

Fenty is well known for its wide inclusivity across skin tones and gender. Its original foundation included 50 shades which aimed to offer a broad variety to all skin tones.

One month after it was launched, the company was able to make sales worth $72 million. In 2018, Fenty accumulated approximately $570 million in revenues.

Last year Fenty Beauty had revenue of about $5 billion.

The billionaire has a huge following on social media, one of the reasons behind the huge success of her cosmetics brand. Rihanna has 104 million followers on Twitter and over 118 million fans on Instagram.

Savage X Fenty

Although Fenty Beauty contributes to most of Rihanna net worth, she also has a lingerie company that adds to her fortune.

In 2018, Rihanna together with TechStyle Fashion Group launched a lingerie line named Savage X Fenty as a joint venture. The billionaire owns a 30% stake in the brand which is equivalent to about $270 million.

By August last year, Forbes estimated that the company could be worth $1 billion. Jay-Z is also an investor in Savage X Fenty.

Fenty Skin

In 2020 the Barbados singer launched Fenty Skin, a skincare brand.

Rihanna also owns a series of fragrances including Reb’l Fleur, Rebelle, Nude, Rogue among others.

Related: MacKenzie Scott Net Worth

How does Rihanna spend her money?

With such a huge amount of fortune, it’s almost impossible not to have what you want and Rihanna does not shy from spending her money on whatever she wants.

The music star owns a 5-bedroom condo in Barbados which she bought in October 2013 for $22 million.

In 2019, she lived in a 7-bedroom mansion in the United Kingdom which she rented for $20,363 a week.

Rihanna owns a penthouse in Manhattan, New York worth $14 million.

Her collection of vehicles includes an orange Lamborghini Aventador worth $750,000, a Porsche 997 Turbo worth $160,000, and a Ferrari 458 Italia worth $230,000 among others. All of them are worth about $8 million.

Rihanna loves going to the gym and has a personal trainer for whom she pays about $1500 a day.

The wealthy singer has been spotted with a 2015 Met Gala gown by Guo Pei worth around $680,000, one of her most expensive looks.

She also loves watches, she has a gold Rolex day-date watch that costs $12,690 and a diamond watch worth $4,795.

In 2013 Rihanna reportedly spent $8000 in one night at a Miami strip club. She also spent $17,000 in another night at a strip club in Houston with rapper Drake.

The singer has a personal chef, Debby Solomon who she hires for $800 a day.

In 2021, Rihanna purchased 2 mansions in Beverly Hills for a total of $23.8 million.

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Rihanna wearing a $680,000 Met Gala gown

Related: Travis Scott Net Worth

Musical Career

Rihanna began her musical career at the age of 15 in 2003. She was discovered by Evan Rogers after which she relocated to the United States

She came into the limelight after the release of her 2 first albums Music of the Sun (2005) and A Girl Like Me (2006).

Rihanna has had a very successful music career. She’s one of the best-selling musicians of all time having sold over 250 million records globally.

By selling her music, Rihanna makes anywhere from $40 million to $70 million annually and is one of the world’s best-paid celebrities.

In 2013 during her Diamonds World Tour, Rihanna made $141.9 million. She also made $106 million from her Anti World Tour in 2016.

Rihanna has won numerous awards and has been nominated several times in the course of her musical career. She has 9 Grammy Awards, 6 Guinness World Records, 12 Billboard Music Awards, and 13 American Music Awards.

Acting Career

Rihanna has appeared in films such as Ocean’s 8 (2018), Valerian and the City of a Thousand Planets (2017), Home (2015), and Battleship (2012).

Personal Life

Rihanna is currently dating A$AP Rocky, an American rapper. The two had only been friends for a couple of years before they began dating in 2020.

Rihanna has also dated Chris Brown (2007-2009), Drake (2009-2016), and businessman Hassan Jameel (2017-2020).

Related: A$AP Rocky’s Net Worth

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Rihanna with A$ap Rocky

Giving back to society

In November 2012, Rihanna gave $100,000 to a food bank to support victims of Hurricane Sandy. In March 2020, Rihanna donated $5 million to COVID-19 relief. During the same month, she also donated ventilators worth $700,000 to Barbados, her home country.

The billionaire donated $2.1 million in April 2020 to offer resources and support to victims of domestic violence.

As Fenty Beauty and Savage X Fenty continue to grow, it is no doubt that Rihanna net worth will continue to increase. She’s a great example that someone can start from nowhere and become quite successful. I have compiled a few quotes from Rihanna which I thought could inspire you.

  • “It’s nice to look back on your life and see things as lessons, and not regrets.”
  • “I think a lot of people are afraid of being happy because of what others might think.”
  • “You may never be good enough for everybody, but you will always be the best for somebody.”
  • “People gonna talk whether you doing good or bad.”
  • “Sure, you wish you did some things differently. But there is no sense in becoming burdened with regret over things you have no power to change.”
  • “You almost feel ashamed, that someone could be that important that without them, you feel like nothing.”
  • “I don’t do things for the response or the controversy. I just live my life.”
  • “God just has a way of working things out the way he wants to and you have no say in that.”
  • “I’m gonna look back on my life and say that I enjoyed it – and I lived it for me.”
  • “Keep your eyes on the finish line and not on the turmoil around you.”
  • “I always believed that when you follow your heart or your gut, when you really follow the things that feel great to you, you can never lose, because settling is the worst feeling in the world.”

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