Dreaming of making it big and living a lavish life is something many of us do. Who wouldn’t want to wake up one day and find themselves with enough money to live comfortably for the rest of their lives? If that sounds like a fantasy, let me introduce you to someone who made it more than just a dream.
Meet Rihanna, also known as Robyn Rihanna Fenty. She ranked 2152 on the Forbes Billionaires list for 2024. She also ranked 74 on the Power Women list of Forbes in 2023. Her net worth as of February 2024 is an eye-watering $1.4 billion, according to Forbes. This didn’t just happen overnight or through luck.
Rihanna climbed her way to the top through her music hits, fashion lines, and beauty products.
This blog post will show you how she did it. We’ll walk through her journey from singing tunes to becoming a business mogul—breaking down where all this wealth came from (hint: there’s more than just catchy songs involved).
You’ll get why so many people admire her not only for her art but also for her brain for business.
Ready to get inspired?
TL;DR
Rihanna, with a net worth of $1.4 billion so far in 2024, is the richest female musician. Her wealth comes from her successful music career, cosmetics brand Fenty Beauty, and lingerie line Savage X Fenty. Rihanna’s strategic business ventures, investments, and brand endorsements have significantly contributed to her billion-dollar success. Her net worth is projected to reach $1.5 billion in 2024, surpassing other celebrities like Taylor Swift, Kim Kardashian, and Beyoncé. Rihanna’s journey demonstrates how combining talent, business acumen, and seizing opportunities can lead to immense success and wealth.
Rihanna’s Journey to Becoming the Richest Female Musician
Rihanna started her music career with the album “Music of the Sun.” Her songs quickly caught everyone’s ears. People loved her voice and style. With more albums like “Good Girl Gone Bad” and “Anti,” she showed she was not just another singer.
She had her own sound that stood out. Rihanna did not stop with music, though. She also jumped into business with Fenty Beauty and Savage X Fenty. These two brands made a big splash in beauty and fashion.
Here is a detailed biography table of Rihanna:
| Category | Information |
|---|---|
| Full Name | Robyn Rihanna Fenty |
| Date of Birth | February 20, 1988 |
| Place of Birth | Saint Michael, Barbados |
| Parents | Monica Braithwaite (mother), Ronald Fenty (father) |
| Siblings | Rorrey Fenty (brother), Rajad Fenty (brother), Kandy Fenty (half-sister), Samantha Fenty (half-sister), Jamie Fenty (half-brother) |
| Education | Charles F. Broome Memorial Primary School, Combermere School (until 2004) |
| Musical Debut | “Pon de Replay” (2005) |
| Record Labels | Def Jam (2005-2014), Roc Nation (2014-present), Westbury Road Entertainment (her own label) |
| Notable Albums | Music of the Sun (2005), A Girl Like Me (2006), Good Girl Gone Bad (2007), Rated R (2009), Loud (2010), Talk That Talk (2011), Unapologetic (2012), Anti (2016) |
| Notable Singles | “Umbrella,” “Don’t Stop the Music,” “Rude Boy,” “Only Girl (In the World),” “We Found Love,” “Diamonds,” “Stay,” “Work,” “Wild Thoughts” |
| Business Ventures | Fenty Beauty (cosmetics), Savage X Fenty (lingerie), FENTY (luxury fashion house with LVMH) |
| Philanthropy | Founded the Clara Lionel Foundation (CLF), which supports education and emergency response programs globally |
| Honors and Awards | 9 Grammy Awards, 13 American Music Awards, 12 Billboard Music Awards, 7 MTV Video Music Awards |
| Personal Life | In a relationship with rapper A$AP Rocky, gave birth to their first child in May 2022 and a second in August 2023 |
Her businesses worked well because they offered something for everyone. Fenty Beauty became famous for its wide range of shades that suit all skin tones, something other brands missed before.
This move made many people happy and brought in lots of sales. With hard work in music and smart moves in business, Rihanna became very rich. She is now seen as the richest female musician out there. This shows how mixing talent with smart choices can lead to amazing things.
Rihanna’s Main Sources of Wealth
So, let’s chat about where Rihanna’s money comes from, shall we? First off, her music hits play a huge part—think of all the songs you can’t get out of your head. Then, there’s Fenty Beauty and Savage X Fenty—makeup and clothes that everyone seems to love.
Rihanna’s Net Worth from 2015 to 2023, according to Forbes:
| Year | Net Worth |
|---|---|
| 2015 | $210 million |
| 2016 | $230 million |
| 2017 | $280 million |
| 2018 | $300 million |
| 2019 | $510 million |
| 2020 | $600 million |
| 2021 | $1.7 billion |
| 2022 | $1.4 billion |
| 2023 | $1.4 billion |
These are big deals for her wallet!
Earnings from Music Career
Rihanna made a lot of money from her music. She sold more than 60 million albums and 215 million tracks online. That’s a big deal! Her songs are everywhere, from the radio to streaming services where people listen to music online.
Rihanna also went on six tours where she sang live in front of crowds all over the world. These tours were huge and brought in even more money. Plus, she teamed up with rapper Eminem for The Monster Tour, which was another way she earned cash.
She made big bucks not just from selling music but also from deals for her tours. One time, Samsung gave her $25 million to help promote her Anti World Tour. Imagine that! All these efforts—making albums, going on tours, working with famous names like Eminem, and striking deals—helped Rihanna build a massive amount of wealth through her tunes alone.
Income from Fenty Beauty
Fenty Beauty is a huge hit. It made over $570 million in revenue by 2018. This brand keeps earning more than $100 million every year. Imagine that! Within its first month, Fenty Beauty also grabbed $72 million worth of attention online and through other media.
Oh, and let’s not forget—half of this beauty empire belongs to Rihanna herself.
Rihanna runs the show at Fenty Beauty as its CEO. Talk about boss moves! From the start, people loved this brand for bringing all kinds of beauty shades to everyone. And with a value soaring over $2.8 billion back in 2018, you know it’s a big deal in the world of makeup and skincare products found at places like Sephora.
Profits from Savage X Fenty
Savage X Fenty hit a big number in 2021. It became worth $1 billion in the US women’s underwear market. This is a huge deal for Rihanna. The money she makes from this brand helps her grow her net worth even more.
Savage X Fenty is not just any lingerie line. It stands out because it brings in a lot of cash for Rihanna.
This brand keeps doing well year after year. People love buying its products, which means more money for Rihanna. Plus, because the brand is valued so highly, it shows that Savage X Fenty will keep making profits in the future too.
In 2023, Rihanna has decided to stop being the boss of Savage X Fenty. She started the company five years ago, but now she wants someone else to run it. Rihanna has found a person who knows a lot about fashion to take her place as the head of the company.
Comparison of Rihanna’s Net Worth with Other Celebrities
When we look at Rihanna’s net worth and stack it up against stars like Swift, Kardashian, and Beyoncé, things get pretty interesting. Want to see how they match up? Keep reading!
Taylor Swift
Net Worth: $1.1 billion, according to Forbes, March 8, 2024
Taylor Swift has made waves in the music world, just like Rihanna. Both stars shine brightly, but their paths to success have different twists and turns. Taylor’s tunes fill stadiums and hearts alike, leading her on tours that fans can’t get enough of.
Think “The Eras Tour”, where each show is a journey through her musical chapters. This singer-songwriter from Reading, Pennsylvania, crafts stories into songs that connect deeply with listeners.
Swift also dives into business moves that boost her bank balance big time. With every album drop and merchandise collection, she shows she’s not just about catchy choruses but also smart strategies.
From Nashville’s country scene to pop superstardom worldwide, Taylor proves time and again why she’s in the spotlight—making swift decisions that keep her at the top of the charts and in fans’ favorite playlists.
Kim Kardashian
Net Worth: $1.7 billion, according to Forbes, March 8, 2024
Kim Kardashian has made a big splash not just on TV, but also in the business world. Her journey to wealth includes her beauty brand, KKW Beauty and her clothing line, SKIMS. Both have been huge hits, making Kim one of the most talked-about celebrities in the luxury market.
Just like Rihanna, Kim knows how to turn fame into business success.
Now, let’s talk numbers. It’s no secret that both these stars are super rich, but when you look closely, their ways to make money are quite different yet equally smart. Kim uses social media and reality TV to keep fans hooked on every product she drops.
This strategy has helped her stack up cash alongside top players like Rihanna.
Beyonce
Net Worth: $540 million, according to Forbes, March 8, 2024
Beyonce is a big star, like Rihanna. She also makes music, does shows, and has her own business. People love her songs and she sells a lot of albums. Beyonce works hard in the beauty world too.
She always tries new things to keep her fans happy.
This star compares well with others like Rihanna because she knows how to make money in many ways. Both have fans all over the globe who support their music and buy their products.
They show that being smart about your career can lead you to great success. Additionally, you can also read about- Beyonce Net Worth.
Factors Contributing to Rihanna’s Billion-Dollar Success
Rihanna’s way to big bucks wasn’t just about her songs. It was also her smart moves in business and saying yes to the right ads that made her wallet grow.
Successful Business Ventures
Rihanna made a big splash with Fenty Beauty. It wasn’t just any makeup line. From the start, it brought in $100 million in just 40 days. How? By offering shades for everyone, something many brands didn’t do at the time.
This smart move showed she knows what people want.
Then there’s Savage X Fenty, her lingerie brand that hit over $1 billion in worth by 2021. Rihanna proved she could take charge, not just in music but also in fashion and beauty. Both of these adventures use her fame wisely but stand strong because they fill real needs for people everywhere.
Her knack for hitting the right note, whether it’s a song or a shade of lipstick, shows how knowing your audience can turn good ideas into great successes.
Strategic Investments
Rihanna knows how to make smart money moves. She’s not just singing and dancing; she’s also thinking about her next big thing in business. For example, she filed for a trademark for “Fenty Hair.” That means she’s planning to sell things like shampoo, hair clips, and more under that brand.
It shows she’s always looking for new ways to grow her empire.
She didn’t stop there. The music star is also hinting at dropping some new tunes soon. Music hits your ears like magic, but it also fills up bank accounts pretty well when you’re as famous as Rihanna.
By getting back into the studio and maybe releasing new songs or an album, she’s adding another layer of gold to her billion-dollar journey by 2024. This mix of beauty products and fresh music is how Rihanna stays on top—making cash while doing what she loves.
Brand Endorsements
Big companies love to work with famous people. It helps them sell more products. Rihanna has worked with many brands like this. She uses her fame to make money and also helps the brands become more popular.
She also gets paid a lot for wearing fancy clothes and makeup from top fashion houses. This is part of how she makes her wealth grow bigger every year. People see what she wears and want to buy the same things, which means she earns even more money from these deals.
Rihanna Net Worth 2024 [Projected]
In 2024, experts think Rihanna will have a net worth of $1.5 billion. This huge amount comes from her hard work in music and her businesses like Fenty Beauty and several endorsements.
Her beauty brand was already worth more than $2.8 billion in 2018. On top of that, Savage X Fenty’s value shot up to more than $1 billion by 2021, with Rihanna owning a big part of it—30%.
This shows how smart she is at making money, not just from singing but also from selling products people love.
She keeps getting richer because she knows where to invest her money and how to create brands that become very popular. Also, having a good eye for what fans want has helped her fashion lines succeed on a global scale.
Every year, as she drops new hits or launches new products, her bank balance goes up even more. People can’t wait to see what she does next, whether it’s in music or business, because everything she touches turns into gold.
You May Find Interest: Miley Cyrus Net Worth
7 Lesser-Known Facts about Rihanna
- Rihanna’s first name is Robyn, and Rihanna is her middle name. (Source: Rolling Stone)
- She was an army cadet in a sub-military program in Barbados. (Source: Vogue)
- Rihanna was discovered by record producer Evan Rogers while he was vacationing in Barbados. (Source: Billboard)
- She has a tattoo of the notes from her hit song “Never Ending” written in Tibetan on her right hip. (Source: Vanity Fair)
- Rihanna was appointed as an ambassador of education, tourism, and investment by the Government of Barbados in 2018. (Source: The Guardian)
- Fenty is Rihanna’s last name. (Source: Forbes)
- Rihanna has a fear of swallowing pills, a condition known as pharmacophobia. As a result, she has to crush pills and mix them with apple juice to take them. (Source: People Magazine)
Takeaways
Rihanna’s success is huge. She made a lot of money from singing, her beauty line, and her fashion brand. This shows us that being good in more than one area can really pay off. It’s not just about making songs but also building businesses that people love.
Rihanna’s story tells us to aim high and work hard.
Her wealth is growing fast, thanks to her smart choices and big dreams. We can learn a lot from how she uses her fame to make more opportunities for herself. It proves that taking risks and trying new things can lead to amazing places.
