This article examines the age, career, and net worth of the infamous actress Rihanna. Continue reading the conclusion for additional information.
Who is Rihanna?
Robyn Rihanna Fenty NH is a performer, actress, and entrepreneur from Barbados. Rihanna, who was born in Saint Michael and raised in Bridgetown, auditioned for American record producer Evan Rogers, who invited her to record demo recordings in the United States.
Her first two studio albums, Music of the Sun (2005) and A Girl Like Me (2006), were both influenced by Caribbean music and peaked in the top ten on the US Billboard 200 chart.
|Birth||February 20, 1988|
|Net Worth||$1.7 Billion|
|Monthly Income And Salary||$6 Million +|
|Yearly Income||$100 Million +|
What is the Net Worth of Rihanna?
As per Celebritynetworth, Rihanna is a vocalist, songwriter, actress, and entrepreneur who was born in Barbados and has a net worth of $1.7 billion. This net worth makes Rihanna the world’s wealthiest female musician. Rihanna is currently one of the most famous and commercially successful musicians in the world.
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A significant portion of her net worth is attributable to the value of her Fenty Beauty Line, which she developed in collaboration with luxury products company LVMH. The brand generates revenue in excess of $100 million.
Rihanna reportedly owns 50 percent of the partnership, which is valued between $2 and $3 billion. She also controls 30 percent of the lingerie brand Savage X Fenty, which is currently valued at approximately $1 billion.
Billionaire/Business Empire of Rihanna
Rihanna has successfully transformed her celebrity into a number of lucrative commercial initiatives and transactions. She secured a $25 million contract with Samsung in 2015 to advertise their Galaxy product line.
Secret Body Spray, MAC Cosmetics, Budweiser, Armani, Dior, Cover Girl, Gucci, Clinique, and River Island are among the other businesses she has worked with.
She was appointed creative director of the fashion sportswear brand Puma in 2014, where she oversaw the brand’s women’s line and released sold-out apparel and footwear collaborations. She also co-owns the music streaming site Tidal alongside celebrities such as Jay-Z, Madonna, and Kanye West.
Rihanna launched her Fenty Beauty makeup brand in September 2017 in collaboration with LVMH’s Kendo Brands. In its first two months, the brand generated $100 million in revenue. The line generated $570 million in revenue in 2018.
Based on a 7X revenue multiple, the overall worth of the brand might be $2 – $3 billion. According to reports, Rihanna controls 50% of the company. Rihanna’s shareholding is worth $1-1.5 billion pre-tax at these value levels.
In addition to Fenty Beauty, Rihanna co-owns Savage X Fenty, a lingerie brand that debuted in 2018. She owns 30% of the company. Savage x Fenty is now worth $1 billion. She was previously the owner of the fashion/accessories label Fenty. This company was closed down.
Philanthropy Works Done by Rihanna
Rihanna is frequently regarded as one of the world’s most charitable celebrities. She will contribute $8 million to coronavirus relief in 2020. She has given more than $2 million to support abuse victims in Los Angeles and $5 million to various charities through her Clara Lionel Foundation.
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