Rihanna is in the news again, but this time it’s not because of a chart-topping song. The pop star’s Beverly Hills home was hit by gunfire, police reported, according to BBC. A suspect has already been located and taken into custody, although no one was injured in the incident.However, this recent ordeal has brought the music icon and business mogul back to the limelight. Born as Robyn Rihanna Fenty in Barbados, Rihanna shot to fame as a pop star, but she didn’t stop there. She’s turned herself into one of the most powerful businesswomen in entertainment, with her fingers in beauty, fashion, music, and more.At present, as per Forbes’ estimate, Rihanna’s net worth sits at about USD 1.4 billion. That lands her among the richest musicians on earth and makes her one of the top self-made women in entertainment.
Fenty Beauty: The billion-dollar engine
Reportedly, most of Rihanna’s fortune comes from Fenty Beauty, her cosmetics brand that launched in 2017 with LVMH. Rihanna made sure her makeup line included numerous foundation shades, so people with all kinds of skin tones could finally find a match. It was a wake-up call for the whole industry, and other brands scrambled to catch up.Fenty Beauty exploded almost overnight. Reports say the brand is now valued at around USD 2.8 billion, and Rihanna owns about 50% of the ownership. That’s a huge chunk of her wealth. In the early years alone, Fenty Beauty raked in hundreds of millions in revenue.
The fashion business
Rihanna didn’t stop at just beauty and makeup. In 2018, she launched Savage X Fenty, a lingerie line that’s all about body positivity and real inclusivity. According to Forbes, the company quickly became a big name in fashion and is valued at about USD 1 billion, with Rihanna owning roughly 30%.
Music, touring, and entertainment earnings
Even though it’s been almost a decade without Rihanna’s music, as she hasn’t dropped a new album since ‘Anti’ in 2016, her music still brings in serious money. Per Investopedia, she’s sold over 250 million records worldwide: one of the best-selling artists ever. Streaming, licensing, and royalties keep the cash flowing. Her catalog alone is estimated to contribute around USD 200 million in value to her overall wealth.She’s also pulled in millions from world tours, endorsements, and big partnerships with brands like Puma and high-end fashion houses. Her Super Bowl Halftime performance in 2023 and her work on movie soundtracks and films just add more to her entertainment earnings.
Endorsements, partnerships, and investments
On top of Rihanna’s own earnings, she has built multiple income streams through strategic partnerships and investments. For example, Fenty has done collaborations with Puma. Per Forbes, she also has an ownership stake in the music streaming platform Tidal. Combined, endorsements and partnerships are estimated to add around USD 150 million or more to her wealth over time.
Real estate and assets
Like most celebrities at her level, Rihanna’s invested in some serious real estate. Her homes in Los Angeles, Beverly Hills, and Barbados are worth millions, adding more to her wealth. Per Global Business, her real estate holdings are estimated to be worth over USD 100 million collectively.
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‘ Some details of this article were extracted from the following source timesofindia.indiatimes.com ’
