Rihanna is an actress, singer, and songwriter. Also, she is one of the most famous and successful music artists in the world right now. By the way, how much is Rihanna’s net worth?
Rihanna’s Net Worth
As of 2021, Rihanna’s net worth is estimated to be approximately $550 million. In a given year, she earns $40 – $80 million from her expanding empire. For instance, between June 2018 and June 2019, she earned $65 million. Between June 2019 and June 2020, she earned $45 million.
For your information, a large portion of Rihanna’s net worth is attributable to the value of her Fenty Beauty Line that is a partnership with luxury goods company LVMH. This brand generates north of $100 million in revenue. Rihanna has 15 percent of the partnership. Also, she co-owns a lingerie brand named Savage X Fenty. In the year of 2019, Rihanna launched a Fenty clothing brand.
Music Career: Once her demo was heard by rapper Sean Carter (Jay-Z) who was a CEO of Def Jam Records, Rihanna was invited to audition for him. She was signed to a six-album record deal immediately in 2004.
Rihanna worked with a team of producers on her debut studio album. This was followed up by “A Girl like Me” quickly, the first album of Rihanna to be certified platinum by RIAA. The 2007 album “Good Girl Gone Bad” got positive critical reviews. Its lead single “Umbrella” sold over 8 million copies worldwide. Also, it won her a Grammy Award in 2008 for the Best Rap/Sung Collaboration alongside Sean Carter (Jay-Z).
Her next album releases include “Rated R” (2009), “Loud” (2010), “Talk That Talk” (2011), “Unapologetic” (2012), and “Anti” (2016). Other popular singles that Rihanna has collaborated on such as “Love the Way You Lie” (2010) with Eminem, “Run This Town” (2009) with Sean Carter (Jay-Z) and Kanye West, “Princess of China” (2012) with Coldplay, “This is What You Came For” (2016) with Calvin Harris, and “Take Care” (2012) with Drake.
Throughout Rihanna’s career, she has received many awards and recognitions, including 13 American Music Award, 9 Grammy Awards, 12 Billboard Music Awards, and 8 People’s Choice Awards, among others.
Acting and Television Pursuits: In August 2006, Rihanna’s film debut came, where she made a cameo as herself. In the year of 2012, her television program called “Styled to Rock” premiered in the United Kingdom, followed by the American version of the show in 2013. Other films that Rihanna has been in such as “Valerian and the City of a Thousand Planets” (2017), “Battleship” (2012), “Ocean’s 8” (2018), and “Guava Island” (2019). Also, Rihanna voiced the role of Tip in the animated film “Home” in 2015, as well releasing a concept album soundtrack for the film.
Business Empire: Rihanna has made her fame into some successful business ventures and deals. In the year of 2015, Rihanna signed a $25 million contract with Samsung to promote their products. Other brands that she has worked with include MAC Cosmetics, Secret Body Spray, Budweiser, Dior, Cover Girl, Gucci, Armani, Clinique and River Island. In 2014, Rihanna became the creative director of the fashion sport wear brand named Puma. Also, she is co-owner of the music streaming service Tidal, along with other celebrities like Jay-Z, Kanye West and Madonna.
In September 2017, she launched a makeup line named Fenty Beauty in partnership with Kendo Brands. In revenue in its first two months, the brand did $100 million. In the year of 2018, the brand generated $570 million. It is conceivable that the total value of the brand would be $1.5 – $2 billion based on a 3-4X revenue multiple. Rihanna owns 15 percent. At those valuations levels, she has a worth of $225 – $300 million, pre-tax. We are able to say that after tax it could be $112 – $150 million. If added to her other $200 million fortune from recording, concert sales and endorsements, gave Rihanna a net worth of $350 million. Call it $400 million if we are off somewhere on the taxes or company valuation. Note that $400 million is $200 million away from $600 million that had been reported widely by a number of outlets.
As we explained in the previous paragraph, Rihanna also has the lingerie brand named Savage X Fenty. The brand launched in 2018. Under LVMH, Rihanna also launched the fashion brand Fenty in May 2019, selling clothing and accessories.
Real Estate of Rihanna
Rihanna paid a reported $50,000 per month to rent a penthouse in Manhattan, New York from 2013 to 2017. Then, she moved to England where she rented a home in West London for $20,000 per month. In October 2014, she paid $5.545 million for a condo in LA’s Century City neighborhood.
In the year of 2017, Rihanna purchased a home in the Hollywood Hills. Approximately a year after purchasing the home, she had a frightening break-in. Six months later, she listed the home for sale for $7.5 million. When we write this article, Rihanna has not discovered a buyer and is renting the home for $35,000 per month. Also, she reportedly has a multi-million dollar property in Barbados. Eventually, Rihanna paid $13.8 million for a home in Beverly Hills in March 2021.
Personal Life of Rihanna
Rihanna has had some high-profile romances, such as with rapper Drake and Saudi businessman Hassan Jameel. Probably, her most popular relationship was with rapper Chris Brown. In the year of 2009, there was a report said that her boyfriend named Chris Brown has physically assaulted her. Then, some leaked photos showing visible facial injuries on Rihanna confirmed those reports. Eventually, Chris Brown was charged with felony assault and making criminal threats. He was sentenced to community labor and 5 years of counseling after accepting a plea deal. Rihanna and Chris Brown briefly reunited in 2013 for some months.
Well, the text above is an explanation about Rihanna’s net worth and some other information related to Rihanna including her career, real estate and personal life. If you want to get more information, read other articles on our site.