Barbadian singer, actress, and businesswoman Rihanna has been in the spotlight since dropping the song Pon de Replay in the year 2005. The musician bagged her billionaire status in less than two decades. The Barbados native was inclined towards the world of music from a very young age.
Rihanna dropped her debut studio album Music of the Sun in the year 2005, followed by her second album A Girl in Me next year and her third album Good Girl Gone Bad saw the light of day in 2007. She released her fourth album titled Rated R in 2009. Her fifth album Loud and her sixth album Talk That Talk came out in 2010 and 2011 respectively.
The Love The Way You Lie singer’s seventh studio album Unapologetic came out in 2012. Her eighth album named Anti released in 2016. Then, she took a break from music to put all her focus on her entrepreneurial efforts. During a March 2020 interview with Vogue magazine, she said, “I can’t say when I’m going to drop. But I am very aggressively working on music.”
Last year in October, Rihanna gave a beautiful surprise to her fans all over the world by announcing that she was dropping a new single named Lift Me Up, which was a part of the soundtrack for the Marvel movie, Black Panther: Wakanda Forever. “Lift Me Up. 10.28.22,” she wrote alongside the Instagram post with the opening notes from the song.
At the moment, the fans of the brilliant singer are excited to see her perform at the Super Bowl Halftime Show which will take place on February 12, 2023, Sunday. Continue reading further to learn more about Rihanna’s net worth, her billionaire status, and her business ventures.
What is the Net worth of Rihanna in 2023?
The media outlet Celebrity Net Worth has reported that the singer, actress, and entrepreneur Rihanna has a net worth of a staggering $1.7 billion. Her net worth makes her the richest musician in the world and the second-richest female entertainer. It has been stated that the average yearly salary of the singer is somewhat around $70 million.
For those of you who are unaware, let us share with you, Robyn Rihanna Fenty popularly known as Rihanna is the youngest self-made billionaire. In the year 2022, Forbes magazine released its list of “America’s Richest Self-Made Women,” and it named the national hero of Barbados the youngest female self-made billionaire.
During an interview with The New York Times, the Where Have You Been crooner talked about her billionaire status and said, “It’s tricky because it’s hard to even accept that’s where you’re at because I know where I’ve come from. At the same time, it feels good to be able to inspire young women and boys, who like me, come from humble beginnings, who come from parents who are immigrants or who are immigrants themselves, to be able to do this.”
A large majority of Rihanna’s earnings come from her beauty line called Fenty Beauty which is a partnership with the luxury goods company LVMH (LVMH Moët Hennessy Louis Vuitton). It has been reported by the media portal that the brand generates north of $100 million in revenue.
According to various media reports, the Diamonds singer owns 50% of the partnership and the brand which is worth somewhat between $2 to $3 billion. In addition to this, Rihanna is also the owner of a lingerie brand that goes by the name of Savage X Fenty which is currently worth around billion. (https://realdetroitweekly.com/)
Rihanna’s business ventures
Apart from being a singer, RiRi is also a smart businesswoman. Over the last couple of years, she has successfully managed to convert her fame into several successful business ventures and deals. She launched her first fragrance, Reb’l Fleur in January 2011 which was a big success. Her second fragrance, Rebelle, was released in February 2012. In November of the same year, she dropped her third fragrance named Nude. Her fourth fragrance Rogue was released on September 14, 2013.
In the year 2014, the Love on the Brain singer became the creative director of the fashion sportswear brand Puma and overlooked the brand’s women’s line, and even dropped sold-out apparel and footwear. The following year, she signed a $25 million contract with Samsung to promote their Galaxy line of products. Over the years, she has worked with many brands such as Secret Body Spray, MAC Cosmetics, Budweiser, Armani, Dior, Cover Girl, Gucci, Clinique, and River Island.
Rihanna is also the co-owner of the music streaming service Tidal, along with other top celebrities such as Jay-Z, Madonna, and Kanye West. In September 2017, she launched her makeup line called Fenty Beauty in partnership with luxury goods maker LVMH’s Kendo Brands. Within the first 2 months of its release, the brand did $100 million in revenue. In 2018, the brand made $570 million. She owns 50% of the beauty brand which is worth between $2 – $3 billion.
Along with her beauty line Fenty Beauty, the Bitch Better Have My Money crooner also co-owns the lingerie brand, Savage X Fenty, which was launched in the year 2018. She owns 30% of the lingerie brand. Her stake in Savage x Fenty is estimated to be worth $270 million. In July 2020, Rihanna dropped a skincare brand called Fenty Skin.
Rihanna is headlining the Super Bowl Halftime Show this year
Yeah, you read that right. In September 2022, NFL in conjunction with ROC Nation as well as Apple Music announced that the This Is What You Came For songstress singer is all set to perform during the 2023 Super Bowl Halftime Show on Sunday, February 12, 2023, in Glendale, Arizona.
In a press release, issued at that time, Jay-Z, founder of Roc Nation, said, “Rihanna is a generational talent, a woman of humble beginnings who has surpassed expectations at every turn. A person born on the small island of Barbados who became one of the most prominent artists ever. Self-made in business and entertainment.”
Did your jaw drop on the floor after learning the net worth of the Barbadian singer Rihanna? Kindly let us know your thoughts on the same in the comments section below. Don’t forget to stay tuned with us for the latest updates from the world.
