Rihanna is a singer, actress, fashion designer, and businesswoman from Barbados. As of July 22, 2023, Rihanna’s net worth is estimated at $1.4 billion, placing her second only to American TV host Oprah Winfrey, who has a net worth of $2.5 billion, according to Forbes.
Rihanna became a billionaire through her cosmetics brand Fenty Beauty, which she co-owns with the French luxury retailer LVMH. Rihanna holds a 30% stake in the company, and its value reached $1 billion in February 2021. She also has a 30% ownership in the lingerie line Savage x Fenty, which has a valuation of $1 billion.
Rihanna’s success is a result of combining artistry with business acumen. She started her career as a talented musician, topping global charts with a blend of pop, dancehall, R&B, and contemporary sounds. She has achieved 14 number-one hits on the Billboard Hot 100 and is the second Grammy-winning artist from Barbados. Rihanna is also a cultural ambassador for Barbados and has been honored with the National Hero of Barbados title and the Humanitarian of the Year award.
After taking a break from music in 2016 following the release of her last album, “Anti,” Rihanna pursued various business ventures in the fashion and beauty industry. Her collaboration with Savage x Fenty disrupted the lingerie market, even surpassing the renowned brand Victoria’s Secret. Rihanna’s performances have become significant events, attracting supermodels and influential figures from various fields.
Rihanna, whose real name is Robyn Rihanna Fenty, was born on February 20, 1988, in Saint Michael, Barbados. She developed a passion for reggae music from a young age. Rihanna attended Charles F. Broome Memorial Primary School and Combermere School, where she studied alongside famous cricketers such as Chris Jordan and Carlos Brathwaite. However, she chose music as her career path instead of pursuing sports.
In addition to her business ventures, Rihanna released the single “Lift Me Up” in October 2022 for the movie “Black Panther: Wakanda Forever.” This was her first solo single since “Love on the Brain” in 2016. The song reached number two on the Billboard Hot 100 and number three in the UK, earning her nominations for the Golden Globe and Oscar awards.
On February 12, 2023, Rihanna performed at the Apple Music Super Bowl Halftime Show, marking her first performance since the 2018 Grammy Awards. Her Halftime show became the second most-watched in history, with 118.7 million viewers, surpassing Lady Gaga’s performance (117.5 million) and trailing only Katy Perry’s (121 million).
According to The Frontier Post, as of July 17, 2023, Rihanna has accumulated over one billion streams on the music platform Spotify for her top 10 most popular songs. Some of her renowned hits include “Love the Way You Lie” (with Eminem), “Work” (with Drake), “This Is What You Came For” and “We Found Love” (with Calvin Harris), and “Umbrella” (with Jay-Z). Rihanna has released eight studio albums, four video albums, 62 music videos, 12 films, 13 television programs, and several TV commercials throughout her career. She has embarked on six world tours, including “The Monster Tour” with Eminem in 2014.
Rihanna has sold approximately 60 million albums and 215 million digital singles, making her the best-selling female artist worldwide. In 2021, she was recognized as the wealthiest female musician globally. According to Forbes, Rihanna has officially become a billionaire with a net worth of $1.4 billion, surpassing fellow singers Madonna ($580 million) and Celine Dion ($480 million). However, it’s important to note that the majority of Rihanna’s wealth comes from her business ventures.
