Rihanna’s net worth reached an estimated $1.4 billion in 2024, solidifying her status as a billionaire.
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The official declaration of her billionaire status was made on August 4, 2021.
This places RiRi as the wealthiest female singer globally and the second-richest female entertainer ever, following only Oprah Winfrey.
Similar to Winfrey, Rihanna is predominantly self-made and notably did not inherit wealth like other female celebrities valued at billionaire levels, such as Kim Kardashian.
Following the widespread news of Rihanna’s billionaire status, a paparazzo encountered her and boyfriend A$AP Rocky on the streets of New York, inquiring about her feelings regarding her substantial wealth. Her response was straightforward: “God is good.”
The Worth of Rihanna’s House
Rihanna and A$AP Rocky reside in a $13.8 million Beverly Hills home with their two children, RZA and Riot Rose.
Previously, Rihanna’s primary residence was her Century City, California, condo acquired in 2014, valued at an estimated $5.2 million.
She recently purchased the penthouse in the same building, formerly occupied by the late Matthew Perry, but chose not to move in and instead listed it again in March 2024 for $25 million.
Her Beverly Hills estate originally encompassed two properties. In 2023, she sold one for $10.3 million while retaining the other, where she currently resides. Additionally, she reportedly owns a property in her native Barbados.
Rihanna’s real estate holdings previously included a Hollywood Hills home purchased in 2017 and sold in 2023 for $6.55 million, as well as a penthouse in New York City’s Chinatown neighborhood.
How Much Rihanna’s Music Pay
Before transitioning into a branding powerhouse, Rihanna primarily earned income through her music career. With over 60 million albums sold and 215 million digital downloads of her songs, she holds the title of the top-selling digital artist of all time.
However, due to her lack of songwriting credits on numerous tracks, her earnings per song may be lower than expected.
For instance, the production and composition costs for some of Rihanna’s songs, such as “Man Down,” exceeded $1 million. Rihanna receives her share only after the record label recovers its investment.
Rihanna’s Companies
Robyn Rihanna Fenty, her full name, initiated the cosmetics brand Fenty Beauty.
The company operates as a 50/50 joint venture between the singer and the French conglomerate LVMH.
The “Umbrella” singer also holds a 30% stake in the Savage x Fenty lingerie brand, valued at $3 billion.
Additionally, she collaborated with the sportswear brand Puma to develop a footwear line named Fenty x Puma.
Furthermore, she serves as a partner in the music streaming service “Tidal,” primarily associated with musician Jay-Z.
Rihanna’s other notable affiliations include partnerships with the luxury footwear brand Manolo Blahnik and her role as an ambassador for Dior.
Rihanna’s Fenty Beauty
In recent years, most of the wealth generated by the Barbados-born singer came from ventures beyond the recording studio. Rihanna introduced her cosmetics company, Fenty Beauty, in 2017, in partnership with French luxury conglomerate LVMH.
Forbes reported that in 2020, Fenty Beauty recorded revenue exceeding $550 million.
LVMH’s latest earnings report indicated that Fenty Beauty doubled its revenue in 2022, attributed to expanded distribution networks and successful product launches.
Rihanna’s vision for Fenty Beauty emphasized inclusivity, offering products in a wide array of shades to accommodate all skin tones.
Many of Fenty Beauty’s items have gained a devoted following and garnered attention on platforms like TikTok and other social media channels. Notably, the superstar’s debut Fenty fragrance sold out within hours of its August 2021 launch.
Rihanna Brand Partnerships and Businesses
Apart from Fenty Beauty, Rihanna’s wealth is bolstered by numerous brand partnerships and business ventures. She holds a 30% stake in Savage x Fenty, a lingerie line, with Bloomberg suggesting a valuation of over $3 billion.
Additionally, she is a partial owner of the music-streaming service Tidal, led by Jay-Z.
In 2014, Rihanna embarked on a four-year collaboration with the athletic apparel company Puma, serving as its global ambassador and creative director. She also introduced her own line of footwear and apparel under the brand Fenty x Puma.
Rihanna has engaged in other prominent brand partnerships, including a capsule collection with the luxury footwear brand Manolo Blahnik and serving as Dior’s inaugural Black ambassador.
The star boasts several movie credits, including roles in “Ocean’s Eight” and “Guava Island.” She recently contributed a song to Marvel Studios’ “Black Panther: Wakanda Forever” and performed at the Halftime Show during Super Bowl LVII on February 12, 2023, in Glendale, Arizona.
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