Net Worth

Rihanna Net Worth 2023: Biography & Career

Robyn Rihanna Fenty, better known as Rihanna, is a Barbadian-born singer, actress, and entrepreneur who has achieved phenomenal success in various fields. While first gaining fame as a singer with chart-topping hits and a string of successful albums, she has become a billionaire businesswoman. Rihanna’s journey from a young singer to a global icon and billionaire is a testament to her talent, determination, and entrepreneurial spirit. Let’s delve into the critical aspects of her incredible career and financial success.

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Personal Life of Oprah Winfrey

Nickname- RiRi, Caribbean Queen, The Barbados Babe, Queen of Pop
Gender- Female
Age- 35 (as of 2023)
Date of Birth- 20 February 1988
Birthplace- Saint Michael, Barbados
Full Name- Robyn Rihanna Fenty
Profession- Singer, Songwriter, Fashion, Designer, Model, Actress & Businessperson
Nationality- Barbadian
Zodiac Sign- Pisces

Physical Statistics

Height- 5 “8” (1.73 m)
Weight- 60 Kg (132 lbs)
Figure Measurements (approx.-) 34-24-36
Hair Color- Dark Brown, dyed Black
Eye Color- Green

Net Worth Growth

As of 2023, Rihanna’s estimated net worth is $1.4 billion. She became America’s youngest self-made female billionaire in 2022. Most of her wealth is attributed to her highly successful cosmetics company, Fenty Beauty, which she co-owns with French luxury retailer LVMH. The cosmetics brand has been a massive hit since its launch in 2017, known for its inclusive range of products that cater to diverse skin tones. Rihanna’s innovative approach and dedication to inclusivity have contributed significantly to the brand’s remarkable success and growing value.

Latest News About Rihanna

Year	Net Worth (Estimated)
2009	$75 million
2012	$72 million
2016	$230 million
2020	$600 million
2023	$1.4 billion

Earnings And Sources

Rihanna has diversified her income streams through various industries, including music, fashion, and beauty.

Music: Rihanna’s introduction to the world came through her debut album, “Music of the Sun,” and she has released eight studio albums. Her music has been immensely successful, with over 60 million albums and over 215 million digital tracks sold. In 2016 alone, she earned $7.6 million from streaming, $2.5 million from sales, and $10.1 million in royalties. Additionally, she is a part-owner of the streaming service Tidal.
Tours: Rihanna has been on several prosperous times, notable being the Last Girl On Earth Tour in 2010, the Loud Tour in 2011, and the Diamonds World Tour in 2013. The latter grossed more than $140 million worldwide and was highly successful.
Fashion: Rihanna has made a significant impact in the fashion industry. She has designed collections for brands like Armani and River Island and has had creative partnerships with MAC Cosmetics. She also has endorsement deals with luxury brands like Dior, Balmain, Gucci, and Louis Vuitton. Additionally, Rihanna has her lingerie line, Savage x Fenty, with a 30% stake. The lingerie line raised $115 million in funding at a $1 billion valuation in February 2021.
Fenty Beauty: Rihanna’s makeup line, Fenty Beauty, has significantly contributed to her wealth. Launched in 2017, the brand gained immense popularity for its diverse range of colours and foundations catering to various skin tones. Fenty Beauty is a 50/50 venture with French luxury goods conglomerate LVMH. In 2020, the Fenty line generated over $550 million in sales.
Endorsements: Rihanna has secured significant endorsement deals with companies like CoverGirl, Manolo Blahnik, Stance, Chopard, and Samsung, contributing to her overall earnings.
Super Bowl LVII Halftime Show: Rihanna headlined the Super Bowl LVII halftime show, marking her long-awaited return to the stage. During the performance, she revealed she was pregnant with her second child. The event provided a platform for her to represent immigrants and Black women, and she expressed her hope to inspire young women and boys from humble beginnings, just like herself.

Biography

Born on February 20, 1988, in Saint Michael, Barbados, Rihanna’s journey to fame began when Jay-Z discovered her as a teenager. Her breakthrough in the music industry came with her debut single, “Pon de Replay,” which marked the start of her chart-topping success. Over the years, Rihanna released multiple hit albums and achieved remarkable milestones, including 14 number-one singles on the Billboard Hot 100 chart.

Her transition into entrepreneurship began in 2017 with the launch of Fenty Beauty, which set her on the path to becoming a billionaire. Rihanna’s commitment to inclusivity and representation in the beauty industry has made her a role model for aspiring entrepreneurs and a trailblazer for diversity in cosmetics.

Key Highlights of Her Career

Fenty Beauty: Rihanna’s cosmetics company, Fenty Beauty, has been a game-changer in the beauty industry. Known for its diverse and inclusive range of products, it has achieved unparalleled success and significantly contributed to its billionaire status.
Savage x Fenty: Rihanna’s lingerie line, Savage x Fenty, has also been a commercial success, attracting significant investment and being valued at $1 billion in 2021.
Music Career: Rihanna’s music career is marked by numerous chart-topping hits, making her one of the best-selling digital artists ever. Her contributions to the music industry have earned her numerous accolades and a dedicated fan base.
Business Ventures: Besides Fenty Beauty and Savage x Fenty, Rihanna’s investments in Tidal and other brand partnerships have diversified her portfolio and added to her financial success.
Social Impact: Rihanna’s commitment to inclusivity and representation in the beauty industry has profoundly impacted the perception of beauty standards. Through her ventures, she has promoted self-expression and empowered individuals of all backgrounds to embrace their uniqueness.

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