Rihanna is a Barbados-born singer, songwriter and actress. In 2020, Rihanna’s estimated net worth is estimated at around $400 million.
She is one of the most popular and commercially successful music artists in the world today. Rihanna earns $60-80 million in a year. For example, between June 2018 and June 2019, she earned $65 million. Much of her Net Worth is attributed to the value of her Fenty Beauty Line, which is a partnership with luxury goods company LVMH. The brand generates sales of over 100 million dollars. She owns 15% of the partnership.
childhood and beginnings
Robyn Rihanna Fenty was born on February 20, 1988 in Saint Michael, Barbados. She is of Afro-Barbadian, Afro-Guyanese and Irish descent. Raised in a troubled home due to her father’s alcoholism and crack cocaine addiction, she turned to music for comfort. After being discovered in Barbados by American record producer Evan Rogers, he brought her to the United States, where she recorded demos and was signed to Rogers and Carl Sturken’s Syndicated Rhythm Productions.
After her demo was heard by rapper Sean Carter, aka Jay-Z, then CEO of Def Jam Records, Rihanna was invited to audition for him. She was immediately signed to a six album record deal in 2004.
She worked with a team of producers including Jay-Z on her debut studio album Music of the Sun (August 2005). This was quickly followed by A Girl Like Me (Apr. 2006), Rihanna’s first album to be certified platinum by the RIAA. 2007’s album Good Girl Gone Bad received positive reviews and its lead single Umbrella sold over 8 million copies worldwide and won a 2008 Grammy Award for Best Rap Vocal Collaboration alongside Jay -Z
Her subsequent album releases include Rated R (2009), Loud (2010), Talk That Talk (2011), Unapologetic (2012) and Anti (2016). Other notable singles she has been a part of are “Run This Town” (2009) with Jay-Z and Kanye West, “Love the Way You Lie” (2010) with Eminem, “Princess of China” (2012) with Coldplay , Take Care (2012) with Drake and This Is What You Came For (2016) with Calvin Harris.
Rihanna has received numerous awards and recognitions throughout her career, including 9 Grammy Awards, 12 Billboard Music Awards, 13 American Music Awards and 8 People’s Choice Awards.
Acting and TV tracking
Rihanna made her film debut in August 2006 in the film Bring It On: All or Nothing, in which she made a cameo as herself. In 2012 her TV show Styled to Rock premiered in the UK, followed by the American version of the show in 2013. Other films she has starred in include Battleship (2012), Valerian and the City of a Thousand Planets” (2017), “Ocean’s 8” (2018) and “Guava Island” (2019). She also credited the role of Tip in the animated film Home in 2015 and also released a soundtrack for the film’s concept album.
Business empire and Net Worth
Rihanna has successfully translated her fame into various successful business ventures and deals. In 2015, she signed a $25 million deal with Samsung to promote their Galaxy line of products. Other brands she has worked with include Secret Body Spray, MAC Cosmetics, Budweiser, Armani, Dior, Cover Girl, Gucci, Clinique and River Island. In 2014, she became the creative director of fashion sportswear brand Puma, overseeing the brand’s women’s line and releasing sold-out apparel and footwear collaborations. She also co-owns the music streaming service Tidal along with other celebrities like Jay-Z, Madonna and Kanye West.
In September 2017, Rihanna launched a makeup line called Fenty Beauty in collaboration with luxury goods maker LVMH’s Kendo Brands. The brand generated $100 million in sales in its first two months. In 2018, the line generated $570 million. It’s conceivable that the total value of the brand is $1.5 to $2 billion based on a 3 to 4x sales multiple. Rihanna owns 15%. At these valuations, Rihanna’s stake is worth between $225 million and $300 million before taxes. After taxes, that would be $112 million to $150 million, which when combined with her other $200 million Net Worth from recordings, sponsorships, and concert sales, gives her a net worth of $350 million. Let’s call it $400 million if we’re wrong about taxes or company valuation. Note that $400 million is $200 million away from $600 million. Technically, Rihanna is $400 million pre-tax away from $600 million.
Rihanna net worth is NOT $600 million. This number comes from Forbes, who seem to have pulled the number out of thin air. In its justification, Forbes estimates the value of Fenty at $3 billion, which does not reflect market reality. Even if it were true, 15% of $3 billion is $450 million BEFORE TAX. After tax, that would be $225 million, which if you add Rihanna’s $200 million net worth to Rihanna’s non-Fenty Net Worth, would be about $425 million.
You might also be interested in: