an estimated net worth of $600 million,
according to Forbes.
- This makes her the world’s richest female musician.
Rihanna is known to spend lavishly on her beauty, fashion, and
accessories, her favorite way to spend her fortune is on
Insider’s homepage for more stories.
With an estimated net worth of $600 million, Rihanna, 31, is the
world’s richest female musician,
reported Natalie Robehmed of Forbes.
That level of wealth puts her a long ways from her childhood.
“When I was younger, I couldn’t afford everything, but a pair of
Timberlands: That was my Dior,” Rihanna told
T: The New York Times
Magazine. “And I had to save my money for a whole school year
to get those Timberlands that I wanted, and I did it.”
It’s a determined attitude that helped the singer get to where
she is today. Her fortune isn’t just from her music — she’s been
able to grow it through brand partnerships and her own product
While she’s known to splurge on beauty, fashion, and vacations,
Rihanna prioritizes spending money on others, whether it’s her
family or those in need. She’s heavily involved in charity work and
was named Harvard’s humanitarian of the year in 2017,
reported Kelly Lawler for USA Today.
Below, see how Rihanna earns and spends her fortune.
Rihanna is currently worth an estimated $600 million, which she’s
earned from undertakings that span a variety of industries.
According to Forbes, she is now the world’s wealthiest female
The singer has earned millions from her tours. Her most prolific,
the Diamonds World Tour in 2013, grossed more than $140 million
She also profits from tour sponsorships. Rihanna reportedly signed
a $25 million contract to promote Samsung on her 2016 Anti World
She’s sold more than 60 million albums and 215 million digital
tracks. In 2016, she reportedly earned $7.6 million from streaming
and $2.5 million from sales.
Rihanna is also part-owner in the streaming service Tidal, which
has sold stakes for millions of dollars.
But music is only part of Rihanna’s fortune. She’s appeared in
films such as “Home,” “Annie,” and “Ocean’s 8,” which earned $41.5
million from its box office opening in 2018.
Rihanna has also designed collections for brands such as Armani and
River Island, and she has a creative partnership with MAC. She’s
made deals with several companies, ranging from Dior to Cover Girl.
That’s not to mention her role as creative director for Puma,
creating clothing and shoe lines that have done exceptionally well.
Rihanna took on the role in 2014.
Rihanna has released 11 fragrances throughout the years. Her debut
scent, Reb’l Fleur, brought in an estimated $80 million in sales.
But Rihanna’s net worth largely comes from her partnership with
French luxury-goods giant LVMH. LVMH reportedly owns half of
Rihanna’s makeup brand, Fenty Beauty, while Rihanna herself
reportedly owns 15% — and it’s worth a reported $3 billion.
Just 15 months after its September 2017 launch, Fenty Beauty raked
in $570 million in revenue.
In May, LVMH and Rihanna launched Fenty, a clothing house with
clothes, shoes, accessories, and jewelry.
Rihanna also co-owns the Savage X Fenty lingerie line with online
fashion firm TechStyle Fashion, which includes “Xccessories” — a
sex toy line.
“I never thought I’d make this much money, so a number is not going
to stop me from working,” she told T: The New York Times Style
Rihanna has dabbled in real estate. She reportedly owns a
three-bedroom, four-bathroom apartment at The Century condos in Los
Angeles, which she paid $5.45 million for in 2014.
In 2016, she reportedly spent $925,000 on a condo on The Wilshire
Corridor, known as “the Millionaire Mile,” In Los Angeles.
Yolanda’s Little Black Book
In 2017, Rihanna reportedly paid $6.8 million for a
7,130-square-foot Hollywood Hills estate, which includes a movie
theater and spa. After a burglary in 2018, she put it on the market
for $7.4 million.
The same year, she also purchased a West Hollywood property for
$2.75 million, but put it on the market for $2.85 million three
months later and ended up renting it out for $16,500 a month. She
eventually sold it in early 2018.
Rihanna also rented a lower-Manhattan penthouse, which increased
from $39,000 to $50,000 a month from 2013 to 2014. In 2018, it was
put on the market for $16.9 million.
In 2019, Rihanna revealed she’s been living in London for a year.
She reportedly lives in a seven-bedroom mansion that costs $20,363
a week to rent.
Lately, she’s reportedly been recording new music in an estate on
Osea Island, which costs an estimated $25,454 to rent a day. It has
a gym, cinema, pool, and cottages.
When she’s not working hard, Rihanna is playing hard. She’s been
spotted vacationing in Portofino, St. Tropez, Los Cabos, Honolulu,
and Barbados, where she’s originally from.
She’s also been known to take yacht vacations. In 2011, she cruised
down the French Riviera in a yacht that charters for $300,000 a
week. And in 2014, she chartered a yacht around the Cote d’Azur for
Rihanna drops big money on her nights out. In 2013, she reportedly
spent $8,000 in a single night at a Miami strip club, and $17,000
at a strip club in Houston with rapper Drake.
Rihanna also splurges on her appearance, reportedly spending
$38,000 a week on beauty alone.
That reportedly includes $2,500 on a personal make-up artist,
$7,600 on a personal dermatologist, and $4,000 for contour tanning.
But that weekly number could be even higher — one report says
Rihanna shells out nearly $17,834 a week on celebrity hairstylist
The Daily Mail
She also spends on her wardrobe: She’s been seen sporting $10,000
Saint Laurent boots and $1,340 Gucci socks.
Rihanna also takes care of her body. She’s had a number of personal
trainers over the years, including Harley Pasternak, Dede Lagree,
and Jamie Granger.
She also pays for a personal chef, Debbie Solomon, who whips up
breakfast, lunch, dinner, and snacks.
While Rihanna treats herself, she likes to spend her money on
opportunities above anything else. She has previously said money
helps her take care of her family, facilitate businesses, and
create jobs for other people. Rihanna has also given her friends
cash for Christmas.
And she focuses a lot on charity work. In September 2018, she
donated 100% of proceeds from Fenty Beauty’s Diamond Ball-Out
Killawatt Freestyle Highlighter to women and children in need.
In 2012, she founded the Clara Lionel Foundation to improve
education and healthcare for children in impoverished communities.
The foundation creates scholarships and hosts fundraising events.
Source: Clara Lionel
Rihanna’s also an ambassador of Barbados, the Global Partnership
For Education, and the Global Citizen Project. She spends time
traveling and raising money for these roles. In 2017, she spent a
week in Malawi as part of an educational trip.
“My money is not for me; it’s always the thought that I can help
someone else,” she said.
Source: FS – All – Economy – News
Rihanna is the world's richest female musician — from yachting trips on the French Riviera to a staff that includes a chef and personal trainers, see how she spends her 0 million fortune