How much is Rihanna’s net worth in 2023?

Robyn Rihanna Fenty, born on February 20, 1988, is a Barbadian singer, actress, fashion designer, and businesswoman.

Rihanna is one of the best-selling music artists of all time, having sold over 80 million records worldwide, and was also the highest-paid singer in the world in 2016. She has won 20 Grammys, and 6 American Music Awards, in total. Her 7 studio albums have all been certified platinum or multi-platinum in the US, and 6 of them reaching number 1 on the “Billboard” 200 chart.

Rihanna’s net worth

Early Life

Rihanna was born in Saint Michael, Barbados on February 20, 1988 to a retired accountant mother and a warehouse supervisor father. Rihanna has five siblings: two brothers, two half-sisters, and one half-brother.

Rihanna’s musical career started at the young age of 7 years old. When her parents got divorced and started experiencing financial trouble, this contributed to stress and trauma but was also the main reason she started school at a young age.

Career

In 2003, Rihanna formed a musical trio with two of her friends. One year later, she was discovered by an American record producer in Barbados. He invited Rihanna to his home in the States to do some demo recordings.

Within the same year, Rihanna was signed to Syndicated Rhythm Productions. Jay-Z noticed some of the initial tracks that were sent to recording labels, as the CEO of Def Jam Records, he was eager to sign Rihanna over to the record label.

Signing with Def Jam paved the way to Rihanna’s present-day fame; including dozens of awards and platinum-awarded albums. In the past couple of years, she’s also begun to diversify into the areas of entrepreneurship, acting, and has played roles in several films.

And those efforts pay very handsomely. Find out Rihanna’s net worth and exactly how she made it.

1. Music

Although music is not Rihanna’s primary source of income currently, that does not mean she is not still making money from her artistry. The singer is one of the most successful artists ever and even during quiet periods, countless fans continue to listen to her music from time to time.

It is an established fact that Rihanna has shifted a certified 151.5 million singles in the United States alone, the second-most among all artists. She has sold 23 million albums in America throughout her career. Also, globally it appears the “Only Girl In The World” singer may have moved as many as a quarter of a billion songs.

Rihanna co-wrote many of her hits, and that presence ensures she earns royalties when people stream and purchase her music. Based on streaming figures, fans haven’t stopped listening to her music even though she hasn’t released a fresh album in half a decade, the money is still coming in.

2. Cosmetics

Rihanna didn’t start earning insane money until she jumped headfirst into the cosmetics industry, shaking things up like few before her. 

In 2016, Rihanna signed a $10 million deal with luxury giant LVMH to launch a cosmetics brand, with the first products going on sale in 2017. The move turned out to be a profitable one. In the first month Fenty Beauty products were available, the fledgling brand racked up $72 million in sales.

In one of the savviest business moves in history, Rihanna held on to control of 50% of the Fenty brand. Her stake in the cosmetics empire is now worth a reported $1.4 billion, which means the company is worth around $2.8 billion.

3.Fragerance

Rihanna launched her first fragrance Reb’l Fleur early in 2011, and according to some reports, by the end of that year, her brand may have racked up over $80 million in sales.

Rihanna’s second perfume, Rebelle, became the fastest-selling celeb fragrance in U.K. history (at the time), moving more than 2 million bottles in less than a year. Rihanna ended up releasing 10 different fragrances before she let that part of her business subside, though she’s not done with scents yet. Fenty launched its first perfume in mid-2021, and it sold out in just two hours.

4.Film & Tv

The riches of Rihanna, a mega pop star, do not come from films.

While she has had several starring roles in top-grossing films, her focus remains on her music and merchandising, not films.

Some of the Tv and Movie project Rihanna has been involved in include; Bring It On: All or Nothing, Battleship, Valerian and the City of a Thousand Planets, Styled to Rock, and perhaps most notably, 2018’s Ocean’s 8 alongside Sandra Bullock, Cate Blanchett, Anne Hathaway, Mindy Kaling, Sarah Paulson, and Awkwafina.

5.Fashion

Since Rihanna is a celebrity of the highest magnitude, she works with fashion on a daily basis. In 2011, Rihanna stood upon the catwalk for Armani, and two years later, she presented her first proper fashion production with casual retailer River Island. This was a successful pairing, but eventually she set her sights higher, working now with brands like Manolo Blahnik and Dior for accessory-only productions.

In a multi-year deal that was worth millions, Rihanna became the creative director of womenswear for Puma in 2014. Initially priced at $120, the Grammy winner’s first product, a sneaker for female buyers, sold out online in just a matter of hours, and the men’s edition experienced the same surge in purchases. By her third launch, the price had risen to $150 per pair.

rihanna fenty

In 2018, she went out on her own with Savage X Fenty, a lingerie line. The underwear was created for men and women of all shapes, sizes, and colors, and there was unisex products available. Savage x Fenty was a quick success, and early estimates suggested that the product may bring in $150 million in sales in just its first year. Rihanna’s stake in the brand is now worth a reported $270 million.

Rihanna reached the peak of the fashion industry when she launched Fenty, her high-end clothing line that lived under the LVMH umbrella. She became the first woman and person of color to launch a new company with the behemoth.

6.Other Ventures

Like other superstars, Rihanna is known to have partnered with a number of well known brands.

She has appeared in ads or worked with names like Budweiser, Kodak, Nivea, and Vita Coco.

In 2015, Rihanna was introduced as a first-time celebrity co-owner of Tidal, a streaming service that was launched to compete with the likes of Pandora and Spotify.

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