Fenty’s Fortune: Rihanna Is Now Officially A Billionaire.
She is now worth $1.7 Billion (Rs 1,27,39.37 Cr), Forbes estimates—making her the wealthiest female musician in the world and second only to Oprah Winfrey as the richest female entertainer.
Most of her fortune an estimated $1.4 billion (Rs 1,04,76.90 Cr) has come from the value of Fenty Beauty, of which Forbes can now confirm she owns 50%. Much of the rest lies in her stake in her lingerie company, Savage x Fenty, worth an estimated $270 million (Rs 20,20.54 Cr).
While Barbados-born Rihanna is not only the celebrity to maximise her social media presence—she has 110million followers on Instagram and 103.3 million followers on Twitter—to build a beauty brand, she is the most successful beauty entrepreneur to do so.
Fenty Beauty, a 50-50 joint venture with French luxury goods conglomerate LVMH run by Bernard Arnault, the world’s third-richest person at the time of writing this article, has launched in 2017 with the goal of inclusivity.
By 2018, its first full calendar year, the line was bringing in more than $550 million (Rs 41,16.54 Cr) in annual revenues, according to LVMH, beating out other celebrity-founded brands like Kylie Jenner’s Kylie Cosmetics, Kim Kardashian West’s KKW Beauty and Jessica Alba’s Honest Co.
That is good news for her, thanks to the beauty companies which are trading, Fenty Beauty is worth a conservative $2.8 billion (Rs 2,09,52.40 Cr) as per the Forbes data. Its signs point to the company continuing to grow. In its annual report for 2020, LVMH said Fenty Skin, which launched last year, was off to a “very promising start” and “generated unprecedented buzz,” and that Fenty Beauty “maintained its appeal as a premier makeup brand.”
Fenty Beauty isn’t her only billion-dollar brand. In February her lingerie line Savage x Fenty raised $115 million (Rs 8,60.54 Cr) in funding at a $1 billion (Rs 74,83.00 Cr) valuation.
The company, which launched in 2018 as a joint venture with TechStyle Fashion Group, counts blue-chip investors like Jay-Z’s Marcy Venture Partners and private equity firm L. Catterton in which Bernard Arnault is an investor as shareholders. She maintains a 30% ownership stake, as per Forbes.
Launched in 2019, Fenty sought to extend her brand of inclusivity and offer styles in a range of sizes.
The only complaint some fans may have about her career as a fashion and beauty icon? It keeps her busy. The singer, who used to release an album almost every year, hasn’t released a new album since 2016’s Anti.
Table of Contents
- Fenty’s Fortune: Rihanna Is Now Officially A Billionaire.
- How much is Rihanna’s net worth?
- Quick Facts
- Who is Rhianna?
- Early Life
- Career
- KEY FACTS
- How much does she make a year?
- How much does she make from Fenty?
- How much is her house worth?
- How much is her perfume worth?
- How much does she make from movies?
- How much does Rihanna make from music?
- How much did she make from “Diamonds?”
- How much did Rihanna make from “Umbrella?”
- How much did she make from Anti?
- How much does Riri charge for a feature?
- What is her bestselling song?
- How much does Rihanna make per show?
- Car Collection
- Social Media Portfolio
- Philanthropy
- Personal Life
- Forbes started reporting on her earnings in 2012
- Awards & Achievements
- FAQ
How much is Rihanna’s net worth?
Her net worth is estimated at $1.7 Billion (Rs 1,27,39.37 Cr) according to Forbes, real-time data declared in a 4th August 2021 headline, “Fenty’s Fortune: Rihanna Is Now Officially a Billionaire.”Forbes Stated that.
Quick Facts
Titles | Description |
Real Name | Robyn Rihanna Fenty |
Nickname | The “Rihanna Navy” |
Birth Place | Saint Michael, Barbados. |
Date of Birth | 20th February 1988. |
Nationality | Barbadian. |
Religion | Christianity |
Source of Income | Singing, acting, fashion designing, and business. |
Age | 34 years |
Father’s name | Ronald Fenty. |
Mother’s name | Monica Braithwaite. |
Siblings | She has two brothers, Rorrey and Rajad Fenty. |
Star sign | Pisces. |
Residence | Bridgetown in Barbados. Manhattan, New York. |
School | Charles F. Broome Memorial Primary School Combermere School. |
Educational Qualification | College Dropout. |
Height | 5 feet 8 inches / 173 cm |
Weight | 60 Kg / 132 Lbs. |
Hair Color | Brown. |
Eye Color | hazel colour. |
Body Measurement | 34-24-36 (Inches). |
Marital Status | Unmarried. |
Relationship | Chris Brown (2007-2009). Drake on-and-off ( 2009-2016). Hassan Jameel ( 2017-2020). A$AP Rocky (2020-Till Present) (Sources Wikipedia). |
Children | No, Rihanna doesn’t have kids yet. |
Profession | Professional singer, actress, fashion designer, and businesswoman. |
Become Professional | 2003 |
Endorsements | Dior, Balmain, Gucci, Manolo Blahnik, Louis Vuitton, Cover Girl, luxury jewellery line Chopard, sock company Stance, and many more. |
Monthly Income | $ 38,330,27.94 (Rs 28,72,26,053). |
Yearly Income | $ 45,9,963,35.44 (Rs 3,44,67,12,645). |
Twitter 107 million followers | Twitter/Robyn Rihanna Fenty |
Instagram 138 million followers | Instagram/Robyn Rihanna Fenty |
YouTube 40.4 million subscribers | YouTube/Robyn Rihanna Fenty |
Facebook 102 million followers | Facebook/Robyn Rihanna Fenty |
Net Worth | $1.7 Billion (INR 1,27,39.37 Cr). |
Last Updated | November 2022 |
Who is Rhianna?
She is a Barbadian singer, actress, fashion designer, and businesswoman Born in Saint Michael and raised in Bridgetown, Barbados. She was discovered by American record producer Evan Rogers who invited her to record demo tapes.
After signing with Def Jam in 2005, she soon started getting recognition with the release of her first two studio albums, “Music of the Sun” (2005) and “A Girl Like Me” (2006), both of which were influenced by Caribbean music and it ranks on the top ten of the US Billboard 200 chart.
Her third album, “Good Girl Gone Bad” (2007), established her status as a sex symbol in the music industry. The chart-topping single “Umbrella” made her eligible for the first Grammy Award which also gave her global stardom.
Throughout her musical career, she has had collaborations with star artists such as rappers Drake, Eminem, Jay-Z, Kanye West, Adam Levine, Paul McCartney, Ne-Yo, and Shakira.
Achieving sales of over 250 million records worldwide, she is one of the best-selling music artists of all time
She has received numerous prestigious awards which include nine Grammy Awards, thirteen American Music Awards, twelve Billboard Music Awards, and six Guinness World Records.
The American news magazine “Times” named her one of the 100 most influential people in the world in 2012 and 2018. “Forbes” ranked her among the top ten highest-paid celebrities in 2012 and 2014. As of 2021, she is the wealthiest female musician, with an estimated net worth of $1.7 Billion (Rs 1,27,39.37 Cr).
That means RiRi is also the richest female singer on the planet and, next to just Oprah Winfrey, the second-richest female entertainer ever. Like Winfrey before her, she is almost entirely self-made—and, even more, impressive didn’t come from generational wealth like other billionaire-valued female celebrities such as sisters Kylie Jenner and Kim Kardashian.
Early Life
She was born on 20th February 1988, in Saint Michael, Barbados. She is the daughter of her mother Monica Braithwaite who is an accountant by a professional father and warehouse supervisor named Ronald Fenty.
Her mother is an Afro-Guyanese, while her father is a Barbadian of African and Irish descent. She has two brothers, Rorrey and Rajad Fenty.
She grew up listening to reggae music. She attended Charles F. Broome Memorial Primary School and Combermere School. She was an army cadet in a sub-military programme.
Later on the Barbadian singer-songwriter, Shontelle was her drill sergeant. Although she initially wanted to graduate from high school, she chose to pursue a musical career instead.
Career
In 2003, she formed a musical band with two of her classmates. The girl group managed to land an audition with Rogers who commented, “The minute she walked into the room, it was like the other two girls didn’t exist.
Later on, in 2009 she was featured on the single “Run This Town” by Jay-Z, which also featured American rapper, and record producer, Kanye West and was released as the second single from Jay-Z’s eleventh studio album The Blueprint 3.
In late 2010, she was featured on three singles: Kanye West’s “All of the Lights”, from the album “My Beautiful Dark Twisted Fantasy” (2010), Trinidadian-born rapper, and singer, Nicki Minaj’s “Fly”, from her debut studio album Pink Friday 2010. and French DJ, and record producer David Guetta’s “Who’s That Chick?”, from the album One More Love (2010).
In late 2015, she signed a $25 million (Rs 1,87.04 Cr) contract with Samsung that would see her promoting Samsung’s Galaxy line of products whilst Samsung would sponsor the release of her eighth studio album and its supporting tour.
The “Anti World Tour” was announced in November 2015 and started in March 2016, with American rapper Travis Scott supporting in North America and Big Sean supporting at selected European dates.
She has named American singer-songwriter Madonna as her idol and biggest influence. She is also influenced by American singer, and songwriter, Janet Jackson, Aaliyah, Beyoncé and American girl group Destiny’s Child.
She has become a top-level figure on social media and internet streaming, ranking at No. 1 on Forbes’ 2012 list of Social Networking Superstars category. In 2013, she has also named the most influential pop star in the United Kingdom by UK channel 4Music.
Her work has directly influenced numerous artists such as American singer Billie Eilish, Selena Gomez, Demi Lovato, and Canadian singers. Justin Bieber, Cuban-born American singer Camila Cabello, Romanian singer-songwriter Alexandra Stan & many more.
KEY FACTS
- Is the wealthiest female musician in the world
- Owns 50% of Fenty Beauty
- Fenty Beauty is worth an estimated $1.5 billion
- She owns 30% of Savage x Fenty lingerie
- Savage x Fenty is worth $1 billion (Rs 74,23.11 Cr).
- She has over 100m followers on Twitter and Instagram
- Madame Tussauds has 8 wax Statues of Riri.
- She was in cadets during school days
- She never graduated from school
How much does she make a year?
Her annual income includes her promotional and releases cycles, but she reportedly averages anywhere from $40 million (Rs 2,99.19 Cr) to about $70 million (Rs 5,23.67 Cr) per year.
How much does she make from Fenty?
The maximum of her fortune comes from Fenty Beauty, which Forbes has given data & the brand’s value at approximately $1.4 billion (Rs 1,04,73.47 Cr). She owns half of the company. Another $270 million (Rs 20,19.88 Cr) from her Savage X Fenty lingerie line.
How much is her house worth?
She owns more than one property, and all of them are amazing & high-range. Her home base is primarily a Century City, Calif., condo worth $5.2 million (Rs 38.91 Cr). She also owns Beverly Hills, a compound that included two neighbouring properties, for which she paid a total of $23.8 million (Rs 1,78.13 Cr).
Her real estate portfolio also includes a $6.8 million (Rs 50.89 Cr) home in the Hollywood Hills, a high-rise in Los Angeles’ Wilshire Corridor and a home in her native Barbados. She also previously owned a penthouse in New York City’s Chinatown neighbourhood.
How much is her perfume worth?
Barbadian singer, actress & businesswoman’s first Fenty fragrance, Eau de Fenty includes a blend of magnolia, musk, tangerine, blueberry, Bulgarian rose and patchouli costing $120 (Rs 8.98k) per bottle.
She said of the scent and its bottle design in a press release, “I wanted a rich colour that represented all genders from across all walks of life. If I’m going to make a fragrance that represents me, even the body language of the bottle needs to marry that.
How much does she make from movies?
Her billions don’t come from her film career. At the same time, she’s had several star turns. She always tried to focus on her music and merchandising rather than movies.
How much does Rihanna make from music?
Before she became a branding powerhouse, her primary income was from music. She has sold more than 60 million albums and 215 digital downloads of her songs throughout her career, making her one of the biggest digital-selling artists of all time.
She doesn’t have songwriting credits on many of her tracks, and her actual cuts for each may be smaller than you might imagine: The cost of some of her other songs for composition and production from start to finish, specifically “Man Down,” was over $1 million (Rs 7.48 Cr). She gets her cut only after the record label recoups their investment.
How much did she make from “Diamonds?”
Her exact income from the song “Diamonds” isn’t known, as in some media reports, it sold approx 7.5 million copies.
How much did Rihanna make from “Umbrella?”
“Umbrella” sold more than 6.6 million copies worldwide, but before RiRi could get her cheque of that massive payday, it had to be divvied up among numerous others, notably writer The-Dream, who reportedly made at least $611,520 (Rs 4.57 Cr) from the track.
How much did she make from Anti?
“Anti” sold 11 million copies worldwide when you including streaming featuring Kanye West and Paul McCartney.
How much does Riri charge for a feature?
Her fees to feature on other artists’ songs haven’t yet been reported, but to get a general idea, Nicki Minaj has taken home $500,000 (Rs 3.74 Cr) per guest verse — so you can imagine what amount she gets paid for this.
What is her bestselling song?
“We Found Love” featuring Calvin Harris is her best-selling song, moving more than 9 million copies worldwide.
How much does Rihanna make per show?
Her income per show depends on attendance, and thankfully for her, people love lining up to watch her perform. She takes home a $1 million (Rs 7.48 Cr) performance fee as of 2016. Billboard reports that for her 2016 “Anti World Tour”, she made a cool $25 million (Rs 1,87.17 Cr) throughout 40 shows.
In 2013, her Diamonds World Tour was the highest-grossing of the year, raking in $140 million (Rs 10,47.97 Cr) in ticket sales.
Car Collection
Cadillac Escalade of $ 100,595 (Rs 75.31 Lacs).
Mercedes Maybach of S62 $ 492,602 (Rs 3.68 Cr).
Porsche 911 Turbo S of $ 203,000 (Rs 1.51 Cr).
Rolls Royce Cullinan of $ 330,000 (Rs 2.47 Cr).
Lamborghini Urus of $ 218,009 (Rs 1.63 Cr).
Lamborghini Aventador of 393,695 (Rs 2.94 Cr).
Social Media Portfolio
For influential executives such as Barbadian singers & actresses, a simple change in her profile picture recently symbolized a progression in her image and career.
With over a 110million followers which put her 26th on the most followed Instagram account in the World & and 103.3 million followers on Twitter which ranked her in 4th Position in the most followed Twitter account in the world.
Robyn Fenty has successfully used these two social media platforms to distinguish her two main brand identities: on Instagram, she brands herself as Rihanna, the pop icon, and on Apart from this she has also her Youtube channel where there are 38.1 million active subscribers & on her Facebook page, there are another 102 million followers around the Globe followers here on this social media platform.
Philanthropy
To help raise awareness and combat HIV/AIDS, she along with other public figures designed clothing for the February 2008 H&M Fashion Against AIDS line. In 2008, she performed a series of charity concerts entitled A Girl’s Night Out. to benefit the Believe Foundation.
On 5th September 2008, she contributed to the song “Just Stand Up!” with fifteen other female artists, who shared the stage to perform the song live on, during the “Stand Up to Cancer” television special. The television special helped raise $100 million (Rs 7,48.49 Cr) for cancer research.
She founded the Clara Lionel Foundation (CLF) in 2012, in honour of her grandparents, Clara and Lionel Braithwaite. It includes the Clara Braithwaite Center for Oncology and Nuclear Medicine at the Queen Elizabeth Hospital in Barbados and education programs.
The event in 2014 raised over $2 million (Rs 14.93 Cr) and the second raised over $3 million (Rs 22.39 Cr).
In November 2012, She gave $100,000 (Rs 74.65 Lacs) to food bank donations for Hurricane Sandy. On 3rd January 2014, she was part of the MAC Viva Glam campaign, which benefits women, men and children living with HIV/AIDS.
In March 2020, she donated $5,000,000 (Rs 37.32 Cr) to COVID-19 relief and followed that up with additional donations of personal protective equipment to the state of New York and an offer of $700,000 (Rs 5.22 Cr) worth of ventilators to her home country Barbados.
In April 2020, she further donated an additional $2,100,000 (Rs 15.67 Cr) matching Twitter CEO Jack Dorsey for a total of $ 4,200,000 (Rs 31.35 Cr) to provide support to those suffering from domestic violence amid the lockdown.
Personal Life
RiRi owns a $14 million (Rs 1,04.52 Cr) penthouse in Manhattan, New York. She has purchased a house in West London for £7 million (Rs 71.25 Cr) in June 2018, to be closer to her work with her FENTY fashion label.
In December 2018, she put her Hollywood Hills mansion up for sale. The mansion sold for $10.4 million (Rs 77.65 Cr).
Forbes started reporting on her earnings in 2012
In 2007, she began dating singer Chris Brown. Their relationship ended in February 2009, after which she dated Drake on and off from 2009 to 2016.
She started a relationship with Saudi businessman Hassan Jameel in 2017. The couple separated in January 2020. She is currently in a relationship with American rapper A$AP Rocky, which was revealed by the rapper through an interview with GQ in May 2021.
Awards & Achievements
As of September 2018, she has sold over 250 million records worldwide, making her eligible for one of the best-selling music artists of all time. Throughout her career, she has received many awards and honours, including nine Grammy Awards, twelve Billboard Music Awards, thirteen American Music Awards, and eight People’s Choice Awards, among others. She also received the “Icon Award” at the 2013 American Music Awards.
Along with this she also holds six Guinness World Records. In the United States, she has sold over 10 million albums therefore provider of music sales data “Nielsen SoundScan” ranked her as the best-selling digital artist in the country, breaking a Guinness World Record for digital single sales of over 58 million as of 2012.
On 1st July 2015, the Recording Industry Association of America (RIAA) announced that she had crossed more than 100 million Gold and Platinum song certifications. After that, she has the most digital single awards and is the first and only artist to surpass RIAA’s 100 million cumulative singles award threshold.
According to Billboard, her total album sales stand at 54 million copies sold worldwide.
As of March 2014, she has sold over eighteen million singles and six million albums in the United Kingdom. She is the tenth best-selling and the second best-selling female singles artist in the country, only behind Madonna.
She is second only to the Beatles for the most million-selling singles in the UK of all time. Her collaboration with Eminem, “Love the Way You Lie”, along with “Umbrella”, “Disturbia”, “Only Girl (In the World)”, “We Found Love” and “Diamonds”, are among the best-selling singles of all time.
FAQ
Q.Is Rihanna richer than Kylie Jenner?
Ans:- Most of her fortune is from Fenty Beauty, which generated more than $550 million (Rs 41,05.63 Cr) in revenue in 2020, which is more than Kylie Jenner’s Kylie Cosmetics. So her current status makes her the wealthiest female musician in the world—second only to Oprah Winfrey as the richest female entertainer in the world.
Q.What is Rihanna’s nationality?
Ans:- American, Barbadian.
Q.What did Rihanna do before she was famous?
Ans:- She sold clothes on the streets, before becoming an army cadet for a sub-military program but decided to pursue a career in the music industry instead of finishing high school.
Q.Does Rihanna have a child?
Ans:- No, she doesn’t have kids yet.
Q.How many siblings do Rihanna have?
Ans:- She has two brothers, Rorrey and Rajad Fenty.
Q.What is Rihanna’s real name?
Ans:- Robyn Rihanna Fenty.
Q.How old is Rihanna now?
Ans:- 34 years (As of 2022).
Q.What colour is Rihanna’s eyes?
Ans:- She has hazel eyes.
Q.Who is Rihanna’s best friend?
Ans:- Melissa Ford.
Q. What is Rihanna’s Twitter?
Ans:- https://twitter.com/rihanna/.
Q.What is Rihanna’s Instagram?
Ans:- https://www.instagram.com/badgalriri/