What is Rihanna’s net worth? To determine how she made so much money, you must look at her music accomplishments, brand endorsements, and innovative moves into the beauty and fashion industries. Come with us on this trip to learn about one of the most dynamic and successful female artist in the entertainment business’s money situation.
Early Life
Hi Robyn, She was born in Saint Michael, Barbados, on February 20, 1988. She is the daughter of Ronald Fenty, a warehouse supervisor, and Monica Fenty, an accountant. Her mother is from Afro-Guyana, and her father is from Barbados and has African, Irish, English, and Scottish roots. Rihanna has two brothers named Rorrey and Rajad Fenty. On her dad’s side, she has two half-sisters and a half-brother who were all born to different women he dated before. She grew up in a Bridgetown bungalow with three bedrooms. With her father, she ran a clothing stand on the street.
Her favorite music as a child was reggae. She went to Charles F. Broome Memorial Primary School and Combermere School, where she studied with Chris Jordan and Carlos Brathwaite, who would later play cricket for Australia. She was in the Barbados Cadet Corps when she was 11, and Shontelle, a later Barbadian singer-songwriter, was her drill sergeant. She wanted to finish high school at first but decided to become a musician instead.
Music Career
Three of Rihanna’s classmates from her home country of Barbados got together to make a music group in 2003. The girl group tried out for American producer Evan Rogers without a name or any music.
Rogers was so impressed that he set up a second meeting with Rihanna’s mother in attendance. He then invited Rihanna to his hometown in the United States to record some samples that could be submitted to record labels. Recordings happened here and there and took about a year because she could only do them when school was out.
Pon de Replay and The Last Time were the two songs she recorded for the demo tape that ended up on her first album, Music of the Sun. At the same time, Rihanna signed with Syndicated Rhythm Productions, which was run by Rogers and Carl Sturken.
✅Early Releases
The demo for Rihanna was sent to Def Jam Recordings. Jay Brown, an A&R exec at the record company, was one of the first people to hear it. Brown played the demo tape for Jay-Z, the rapper who was just named president and CEO of Def Jam. Jay-Z thought “Pon de Replay” was too big for her when he first heard it. Even though he wasn’t sure, he asked Rihanna to try out for the label. Early in 2005, Rihanna tried out for Def Jam in New York City. It was there that Jay-Z met music mogul Antonio “L.A.” Reid. She sang the demo tracks “Pon de Replay” and “The Last Time” at the audition, along with a cover of “For the Love of You” by Whitney Houston. Seeing her perform her future single “Pon de Replay” made Jay-Z sure he wanted to sign her.
It was also good enough that his boss, L.A. Reid, told Jay-Z not to let her leave the building until the contract was signed. They agreed to a six-album deal with Def Jam, but Reid let Jay-Z and his team close the deal. Because he didn’t want her to sign with another label, she stayed in Jay-Z’s office until 3 a.m. to get lawyers to write up a contract. Rihanna didn’t show up to any other meetings with record labels because she moved from Barbados to the US to live with Rogers and his wife.
✅2007-2008
Rihanna recorded “Roll It” with Shontelle and J-Status in early 2007. J-Status’ first album, The Beginning, was released in a few European countries. At that time, Rihanna began Good Girl Gone Bad, her third studio album. Timbaland, Tricky Stewart, and Sean Garrett guided her to uplifting dance music. The album debuted at No. 2 in the US and Australia and No. 1 in Canada, Brazil, Ireland, and the UK in May 2007. The best of her first three albums got mixed reviews.
On her 2008 Good Girl Gone Bad Tour, Rihanna performed in Brisbane. The top song in 13 countries was “Umbrella”. The longest-running UK No. 1 single since Wet Wet’s “Love Is All Around” lasted 10 weeks. In 1994, Wet led for 15 weeks. Over 8 million copies of Rihanna’s first hit. Singles included “Shut Up and Drive,” “Don’t Stop the Music,” and “Hate That I Love You” (with Ne-Yo). The song “Don’t Stop the Music” was popular worldwide. Rihanna began the Good Girl Gone Bad Tour with the album in September 2007. The US, Canada, and Europe hosted 80 shows. Rihanna received several 2008 Grammy nominations for Good Girl Gone Bad. “Umbrella” with Jay-Z won her first Best Rap/Sung Collaboration Grammy.
On June 2008, she released Good Girl Gone Bad Live, her first long-form live video. Rihanna’s December 6, 2007, Manchester Arena Good Girl Gone Bad Tour concert was on DVD and Blu-ray. An exclusive tour documentary accompanied the album. The fifth single from Good Girl Gone Bad, “Rehab,” kept Rihanna on the charts in late 2008. “Newfound staying power,” Entertainment Weekly named her “Diva of the Year.” Good Girl Gone Bad went two times RIAA Platinum in the US with 2.8 million sales. Her biggest US hit was this album. Nine million people bought the album worldwide.
✅2009-2011
Rihanna began Rate R, her fourth studio album, in early 2009. R-rated debuted in November 2009. According to Rolling Stone, Rihanna “changed her sound and made one of the year’s best pop records”. Rated R was darker and scarier than Rihanna’s previous albums. Rated R peaked at #4 on the US Billboard 200 in its first week. Six singles accompanied the album. For the 2010 Haiti earthquake relief campaign, she recorded “Stranded (Haiti Mon Amour)” with Jay-Z, Bono, and The Edge.
Loud, Rihanna’s fifth studio album, debuted in November 2010. The album reached three US Billboard Hot 100s. First single “Only Girl (In the World)”. “What’s My Name?” with Drake and “S&M” followed Britney Spears’ official remix. Rihanna became the fastest solo artist to have 10 Hot 100 number ones. At the 53rd Grammys, “Only Girl (In the World)” won Best Dance Recording.
It was okay for “Man Down” and “California King Bed” in May 2011. Rihanna began her Loud Tour in June 2011 to promote the album. The O2 Arena in West London sold out 10 nights for a female artist, a venue record. This 2011 tour was the seventh most successful worldwide.
✅2011-2013
Unapologetic, Rihanna’s seventh studio album, came out in November 2012. The album was at No. 1 on the Billboard 200 albums chart in the US, making it Rihanna’s first No. 1 album in that country. More than 20 countries worldwide made “Diamonds” their number-one single. It also became Rihanna’s 12th number one on the US Billboard Hot 100. Featuring Mikky Ekko, the album’s second single, “Stay”, made it to the top five in more than twenty countries and peaked at No. 3 on the Billboard Hot 100. Rihanna went on the 777 Tour, a short tour with seven shows in seven countries over seven days, to promote the album before it came out. Fox aired a documentary about the tour on May 6, 2013, and the next day, a documentary DVD came out as Rihanna’s third live long-form video.
Rihanna won her sixth award at the 55th Grammy Awards in February 2013. It was for Best Short Form Music Video for “We Found Love” (2011). In the same month, the Official Charts Company of the United Kingdom said that Rihanna had sold 3,868,000 records in the UK over the past year, making her the most popular artist nominated for the 2013 BRIT Awards. As support for Unapologetic, Rihanna’s fifth main tour, the Diamonds World Tour, began in March 2013. Then Rihanna was in the comedy This Is the End, which was directed by Seth Rogen and starred Evan Goldberg. It came out in June 2013. In the same month, American hip-hop artist Wale released a remixed version of his song “Bad” with Rihanna on it.
✅2014 – 2017
Shakira’s single “Can’t Remember to Forget You” had Rihanna on it in 2014. Rihanna planned to stop recording music after Unapologetic came out and the tour that went with it. Rihanna left Def Jam Recordings in May 2014 to sign with Roc Nation full-time. Since October 2010, Roc Nation has been in charge of her career.
A year after Rihanna started working on her eighth studio album, the single “FourFiveSeconds” came out. It featured Rihanna, Kanye West, and Paul McCartney. “Bitch Better Have My Money” and “American Oxygen” were the next two singles to come out after it. Neither of them ended up on Rihanna’s eighth studio album. While working on the album, Rihanna did other things. She voiced Tip in the animated movie Home, based on Adam Rex’s book The True Meaning of Smekday. Jennifer Lopez and Jim Parsons also had parts in the movie. Rihanna also put out a concept album with music from the film.
In 2017, Rihanna put out several collaborations. First, she participated in Future’s single “Selfish,” which was the lead single from his sixth studio album, Hndrxx. The songs “Wild Thoughts” by Rihanna and DJ Khaled featured Bryson Tiller and were worldwide hits, and “Loyalty” by Kendrick Lamar came out in the summer of 2017. “Loyalty” won Rihanna her ninth Grammy Award at the 60th Annual Grammy Awards. Rihanna was on N.E.R.D.’s comeback single “Lemon” from their album No One Ever Really Dies, which came out in November 2017.
✅2018-Present
Rihanna hinted on Instagram in December 2019 that her album was finished but didn’t say when. She then appeared on PartyNextDoor’s March 27, 2020 single “Believe It”. On September 25, 2022, Rihanna announced she would headline Super Bowl LVII halftime. The event would be her first live performance in over five years and the end of her self-imposed boycott to support Colin Kaepernick.
Most viewers liked the show. Nielsen Media Research later changed the viewership to 121.017 million, making it the most-watched halftime show ever, surpassing Katy Perry’s Super Bowl XLIX performance. Initial estimates of 118.7 million T.V. and digital viewers needed more accurate.
Rihanna released “Lift Me,” her first solo album since Anti, on October 28, 2022. Lead single from Black Panther: Wakanda Forever soundtrack. This song earned her Golden Globe and Oscar nominations for Best Original Song.
Business and Investments
Rihanna’s first perfume, Reb’l Fleur, debuted in January 2011. Rolling Stone reported that Reb’l Fleur would sell US$80 million by 2011. Rihanna’s second perfume, Rebelle, debuted in February 2012. Director Anthony Mandler shot Rebelle and Reb’l Fleur. Rihanna’s third perfume, Nude, debuted in November 2012. Rogue, Rihanna’s fourth women’s perfume, debuted on September 14, 2013. Rogue Men, for men, debuted in 2014.
Rihanna and other artists co-own Tidal, which was announced on March 30, 2015. The service excels at lossless audio and HD music videos. Jay-Z bought Tidal owner Aspiro in Q1 2015. Jay-Z and Beyoncé are two of sixteen Tidal owners. Kanye West, Beyoncé, Madonna, Chris Martin, Nicki Minaj, and others own shares. The Tidal launch was described by Jay-Z as “The challenge is to get everyone to respect music again, to see its value.” Rihanna announced her label, Westbury Road Entertainment, in 2016., her 2005 venture. She lives on Westbury Road in Barbados. Universal Music Group would sell music. Westbury Road Entertainment’s artists include KazeLoon and photographer Melissa Forde.
Rihanna and Benoit Demouy founded the beauty and stylist business Fr8me in November 2015. The LA company helps artists land commercials, editorial shoots, ad campaigns, and red-carpet events. In addition to Fr8me, Rihanna founded the “A Dog Ate My Homework” photo agency. Photographers Erik Asla and Deborah Anderson are agency clients.
✅Fenty
Rihanna’s fashion line, Fenty, was part of the high-end fashion group LVMH and came out in May 2019. For LVMH, she was the first woman of colour to lead an LVMH brand and the first woman to make a new brand. On May 22, 2019, the house opened in a pop-up store in Paris.
On May 29, it went global online and sold clothes, shoes, and accessories. LVMH hadn’t put out a new line since 1987. The fashion brand was called groundbreaking. Rihanna and LVMH decided to “put on hold” their Fenty fashion house in February 2021 because of the effects of the COVID-19 pandemic. They will instead focus on building up their SavagexFenty lingerie line.
So that her music career and business life are clear, Rihanna only uses her last name for things that aren’t related to her music. The Fenty name was used for business purposes, so Rihanna sued her father, Ronald Fenty, in January 2019. According to the lawsuit, Rihanna’s father’s business, Fenty Entertainment, hurt her cosmetics brand, Fenty Beauty, by giving the false impression that it was connected with her. In September 2021, Rihanna dropped her case against her dad.
Fenty Beauty
In 2017, Rihanna launched Fenty Beauty, her highly praised cosmetics line, under LVMH’s Kendo Brands. According to Forbes, Rihanna owns 50% of Fenty Beauty. Rihanna would sell several beauty products as part of the $10 million deal.
The first Fenty Beauty collection came out on September 8, 2017, in over 150 countries, both in stores and online. It had a lot of different products, like foundations, highlighters, bronzers, blush compacts, lip glosses, and blotting sheets, and it was praised for having a wide range of colors for all skin tones.
The fact that Time magazine named Fenty Beauty one of “The 25 Best Inventions of 2017” shows how wide its range is. It’s been called the “Fenty Effect” because it changed how other cosmetic brands marketed diversity and made their products: “All of a sudden, beauty houses, whether niche or established, started expanding their shade ranges to fit a wider range of skin tones.” It became the norm to use forty shades.
Savage x Fenty
As of 2018, Rihanna had her lingerie line called Savage X Fenty. The line came about because Rihanna wanted to create a brand everyone could enjoy. You can find products in many sizes and shades to suit all skin tones. In September 2018, she showed off the brand at New York Fashion Week. People liked that the brand used plus-size models in their ads, but some fans said there needed to be more plus sizes.
In September 2019, Rihanna promoted the brand in another show at the Barclays Center during New York Fashion Week. Models Alex Wek, Bella Hadid, Cara Delevingne, actress Laverne Cox, and musicians Normani and 21 Savage appeared. The show will be back for a third season in 2020.
Other Business Ventures
Rihanna tried other jobs and businesses. Rihanna and Secret Body Spray signed in October 2005. She and Optus promoted Last Girl on Earth in a 2010 ad. Rihanna and Pitbull appeared in the Kodak ad the same year. This was released in October 2010 with her fourth studio album, Rated R. The book contained Last Girl on Earth tour photos. She represented Nivea and Vita Coco in 2011.
Styled to Rock, her first TV show debuted on Sky Living UK in August 2012. The 10-week show features Rihanna, Nicola Roberts, Lysa Cooper, and Henry Holland helping British designers launch their clothing lines. Styled to Rock premiered on Bravo in the US on October 25, 2013. Rihanna created “RiRi hearts MAC” summer, fall, and holiday makeup in 2013 with MAC Cosmetics. In late July 2013, Budweiser announced that Rihanna and Jay-Z would collaborate on their global “Made For Music” campaign.
Rihanna has long said she wants to be a fashion designer. Added, “Fashion has always been my way of protecting myself.” In November 2011, Rihanna announced her Armani fashion project. For River Island, Rihanna and her stylist, Adam Selman, debuted their first women’s fashion line at London Fashion Week in February 2013. Three more brand lines were released. Rihanna then worked with Dior, Stance, and Manolo Blahnik. Dior named Rihanna its new face in March 2015. She led the brand as the first black woman.
Rihanna became Puma’s creative director in 2014. She now oversees the brand’s women’s label, which includes shoe and clothing collaborations. Rihanna’s first Puma trainer debuted the following year. After three hours of pre-sale, it sold out online. Rihanna released more shoes in various colours and styles in the next two years. Buyers and critics liked them all. Rihanna’s first Puma-designed line debuted at New York Fashion Week in 2016. Fashion experts praised the collection.
Awards and Achievements
Worldwide sales of Rihanna records exceeded 250 million in September 2018. One of the best-selling artists ever. She received 9 Grammys, 12 Billboard Music Awards, 13 American Music Awards, and 8 People’s Choice Awards. The 2013 American Music Awards “Icon Award” went to Rihanna. The 2016 MTV Video Music Awards Michael Jackson Video Vanguard Award went to her. Six Guinness World Records are hers. After selling over 10 million albums, Nielsen SoundScan named Rihanna the US’s best-selling digital artist. She set a Guinness World Record with 58 million digital single sales in 2012.
On July 1, 2015, the RIAA certified Rihanna with over a hundred million Gold and Platinum songs. Only Rihanna has exceeded the RIAA’s 100 million cumulative singles award. Her UK album sales exceed seven million, making her the decade’s third most popular female artist. Billboard says her album sold 54 million worldwide.
Her 14 No. 1 singles on the Billboard Hot 100 are the third most in history. Billboard named her the best MTV Top 40 artist of the last 20 years. She leads entries (36), top tens (23) and No. 1s (10). UK sales exceeded 18 million singles and 6 million albums in March 2014. She has sold ten million albums and second-best-selling female singles after Madonna. In UK single sales, only the Beatles have sold over a million. Her biggest hits include “Love the Way You Lie” with Eminem, “Umbrella”, “Disturbia”, “Only Girl (In the World)”, “We Found Love” and “Diamonds”. Rihanna has seven Hot R&B/Hip-Hop Songs and Airplay No. 1s. Sixteen of her rhythmic singles are #1. Her songs have reached the UK and Australia’s top ten over 30 times.
What is Rihanna’s Net Worth?
Rihanna is among the best female music artists of all time, with over 250 million records sold worldwide. According to the RIAA’s Top Artists (Digital Singles) list, she is also the most certified female artist of all time.
As a single artist, she has had 14 number-one hits, 32 top-ten hits in the US, and 31 in the UK. Nine Grammys, 13 American Music Awards (including the Icon Award), 12 Billboard Music Awards, five World Music Awards, six Guinness World Records, the NAACP President’s Award, and an Academy Award nomination are just a few of the awards she has won.
In 2012 and 2018, Time named her one of the 100 most important people in the world. In 2012 and 2014, Forbes named her one of the ten highest-paid celebrities. She has a net worth of about $1.4 billion, making her the richest female musician as of 2024.
Conclusion
After looking into Rihanna’s net worth, it’s clear that her wealth reflects how much of an impact she has on the entertainment and business worlds worldwide. Rihanna has left a legacy beyond her artistic achievements, from her hit music to her work in beauty and fashion. Her net worth as of January 2024 shows how entrepreneurial she is and how she can break down traditional barriers.
Rihanna continues to change industries and set new standards through her hit songs and unique business ways. As long as she is seen as a model of talent and business sense, Rihanna’s net worth is more than just a number. It’s a story of resilience, creativity, and unmatched success in the fields she has conquered.