Robyn Rihanna Fenty has taken her success to the subsequent degree, and she or he’s racked up a good-looking internet price and a number of streams of earnings whereas climbing the ladder.
Forbes estimates that the multifaceted entrepreneur and entertainer is price $1.7 billion. This makes Rihanna the wealthiest feminine musician on this planet. She now ranks second to Oprah because the richest feminine entertainer.
The Grammy-winning singer has captured audiences all over the world together with her hit songs “Umbrella”, “We Discovered Love”, and “Work”. She’s been a hitmaker ever since she burst onto the music trade’s radar. However the majority of her billion-dollar fortune doesn’t come from her music. Rihanna’s fascinating model has paved the way in which for alternatives past the music trade.
Right here’s a look at Rihanna’s extra streams of earnings.
Fenty Magnificence
Rihanna has developed right into a billionaire magnificence mogul.
In 2017, Rihanna launched Fenty Magnificence in partnership with French luxurious items firm LVMH. The make-up model was an instantaneous hit, reporting $100 million in gross sales inside the first 40 days.
Forbes estimates that over 80% of Rihanna’s fortune (roughly $1.4 billion) comes from Fenty Magnificence. She now owns half of the corporate, Forbes confirmed.
Savage x Benty
Rihanna has made a reputation for herself as a style icon, and she or he has the receipts to show it.
In 2018, Rihanna launched her first lingerie line, Savage x Fenty, as a three way partnership with TechStyle Trend Group. The gathering consisted of 90 items of sleepwear, lingerie, and equipment. This 12 months, Savage x Fenty raised $115 million in funding. The corporate had a $1 billion valuation and Forbes estimates that Rihanna has a 30% possession stake.
“Ladies needs to be sporting lingerie for his or her rattling selves,” Rihanna instructed Vogue throughout a 2018 interview. “I can solely hope to encourage confidence and energy by displaying lingerie in one other mild. You don’t have to stay to 1 character with lingerie; it’s enjoyable to mess around. You will be cute and playful one week and a black widow subsequent week. You may take dangers with lingerie. I need girls to personal their magnificence.”
Forbes estimates that Rihanna’s stake in Savage x Fenty is round $270 million.
Actual Property
Rihanna has dominated the music and wonder scene and is utilizing her cash to make a mark in the true property trade.
She bought a $13.75 million Beverly Hills mansion and the home subsequent door. In response to New York Put up, the singer purchased the home for $10 million in a personal sale. Sources report that Rihanna owns a number of luxurious properties, together with a $6.8 million villa within the Hollywood Hills and a mansion in Barbados.
This 12 months, she listed her Beverly Hills mansion for $80,000 per 30 days, in accordance with Realtor.com.
Different Streams of Earnings
Rihanna’s sturdy social media and advertising methods have been instrumental to her success. She at the moment has over 104 million followers on Instagram and 102 million followers on Twitter beneath her private model.
Rihanna’s connection together with her followers has allowed her to capitalize on many alternatives within the market. She used social media as a core advertising technique for the launch of her Fenty manufacturers. But it surely’s apparent that the leisure powerhouse isn’t stopping there.
Listed below are different manufacturers and earnings streams which have benefited from Rihanna’s social media presence:
- Fenty Maison, a luxurious clothes model
- Fenty Parfum, Rihanna’s new perfume
- The Rihanna E-book
- Fenty Pores and skin, skincare line
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