Rihanna Net Worth
Rihanna net worth: Rihanna is a Barbados-born singer, songwriter and actress who has a net worth of $400 million. In a given year, Rihanna earns $60 – $80 million from her expanding empire. For example, between June 2018 and June 2019 she earned $65 million. Rihanna, who was born Robyn Rihanna Fenty, earned her net worth as one of the most popular and commercially successful music artists in the world today. Rihanna used singing as a way to cope with the turmoil of a rocky family life. On the advice of her then record producer, Rihanna moved to the United States at age sixteen to pursue a career as a singer/songwriter. After her demo was heard by former rapper Sean Carter, aka Jay-Z, and then CEO of Def Jam Records, Rihanna was invited to audition for him and immediately signed.
Rihanna's debut album "Music of the Sun", quickly skyrocketed to the top ten of the Billboard 200. Her second album, "A Girl Like Me", charted in the top five, and her third album, "Good Girl Gone Bad", reached the number two spot and earned nine Grammy nominations. Her impressive streak continued with the release of her fourth album, "Rated R". Rihanna has also released the highly successful albums Loud, Talk That Talk, Unapologetic, and Anti. Her #1 singles include "SOS", "Unfaithful", "Umbrella" (featuring Jay-Z), "Don't Stop the Music", "Take a Bow", "Disturbia", "Rude Boy", "Only Girl in the World", "Whats My Name?" (featuring Drake), "S&M", "We Found Love" (featuring Calvin Harris), "Diamond", and more.
Rihanna's success includes a staggering number of awards, including but not limited to, eight Grammys, 12 American music awards, and 12 Billboard music awards. Her side projects include acting, beauty and fashion endorsement for companies such as CoverGirl, Gucci, and Clinique, and numerable charity projects, including establishing her organization, The Believe Foundation, which benefits terminally ill children around the globe.
Fenty Beauty Line: In September 2017 Rihanna launched a makeup line called Fenty Beauty in partnership with luxury goods maker LVMH. The brand did $100 million in revenue in its first two months. In 2018 the line generated $570 million. It's conceivable that the total value of the brand would be $1.5 – $2 billion based on a 3-4X revenue multiple. Rihanna owns 15%. At those valuations levels, Rihanna's stake is worth $225 – $300 million, pre-tax. After tax that would be $112 – $150 million, which when added to her other $200 million fortune from recording, endorsements and concert sales, gives Rihanna a net worth of $350 million. Let's go ahead and call it $400 million if we're off somewhere on the taxes or company valuation. Note that $400 million is $200 million away from $600 million. Technically Rihanna is $400 million pre-tax away from $600 million. Why do I bring that up? Because….
Rihanna's net worth is NOT $600 million. That number comes from Forbes which, as we've seen previously with Kylie Jenner, seems to have been plucked from thin air. In their justification, Forbes estimates that Fenty is worth $3 billion which does not align with market realities. Even if it were accurate, 15% of $3 billion is $450 million PRE TAX. After taxes that would be $225 million, which when added to Rihanna's non-Fenty fortune of $200 million would be $425 million.
|Net Worth:||$400 Million|
|Salary:||$70 Million Per Year|
|Date of Birth:||Feb 20, 1988 (31 years old)|
|Height:||5 ft 8 in (1.73 m)|
|Profession:||Singer, Fashion designer, Actor, Music artist, Songwriter|