Robbin Although Rihanna Fenty, the celebrity known to her followers worldwide as simply Rihanna, began her career as a singer, in less than 20 years she added billionaire, CEO, and businesswoman to her list of achievements.
ESSENTIAL NOTES
By 2023, Rihanna’s estimated net worth will reach $1.4 billion. In 2022, she became the youngest self-made female billionaire in the United States. The success of Rihanna’s makeup line, Fenty Beauty, which she co-owns with French luxury retailer LVMH, has been largely responsible for her wealth.
At the age of seventeen, Rihanna launched her debut album, Music of the Sun, in 2005. Since then, she has released eight albums in total, fourteen of which have peaked at number one on the Billboard Hot 100 chart. According to her record label, Roc Nation, she has sold 60 million albums and 215 million digital tracks, making her one of the all-time best-selling digital artists.123/
As of February 2023, Rihanna’s projected net worth is $1.4 billion, primarily attributable to the success of her makeup brand, Fenty Beauty. One of the youngest self-made female billionaires, Rihanna peaked at number 21 on Forbes’ list of America’s Richest Self-Made Women in 2022.45 in
Fenty Beauty and Rihanna
The Barbados-born singer has made the most of her money outside of the recording studio in recent years. Launched in 2017, Fenty Beauty is a cosmetics firm co-owned by Rihanna and the French luxury corporation LVMH.Six
Forbes reports that Rihanna’s Fenty Beauty made over $550 million in sales in 2020. According to LVMH’s most recent earnings report, Fenty Beauty’s sales increased in 2022 as a result of strong launches and a broader distribution network.53
All skin tones are welcome at Fenty Beauty, which Rihanna founded, and a variety of hues are available for the products.Six Numerous items from Fenty Beauty have developed a cult following and been viral on TikTok and other social media sites; the celebrity’s debut scent, which debuted in August 2021, sold out in a matter of hours.89 in
Rihanna’s Brand Collaborations and Enterprises
In addition to Fenty Beauty, Rihanna’s other brand collaborations and commercial endeavors have added to her wealth. According to Bloomberg, Rihanna owns 30% of the lingerie brand Savvy x Fenty, which may be worth over $3 billion. The billionaire also has a stake in Tidal, the music streaming business headed by Jay-Z.102
As the worldwide ambassador and creative director for the athletic gear manufacturer Puma, Rihanna started a four-year collaboration with the firm in 2014. Along with them, she also introduced her own footwear and clothing collection, Fenty x Puma.No. 121
In addition, Rihanna was the first Black ambassador for Dior and collaborated on a capsule collection with upscale shoe company Manolo Blahnik.13.14
In addition, the celebrity has a number of film credits, including Guava Island, Ocean’s Eight, and most recently, a song for Marvel Studios’ Black Panther: Wakanda Forever. She also made an appearance on February 12, 2023, at Glendale, Arizona, during the Halftime Show of Super Bowl LVII.