Then is Why Rihanna Is a Billionaire and Her Peers Aren’t The star’s business dealings have been in the news late, so we decided to break down what moved Ri- Ri into billionaire status. If you are in your “ abolish all billionaires ” bag, it is tough to apply that to Rihanna.
How can you not want to see Rihanna win big?
In our on- going series on Black business, we take a look at how Ri- Ri started and built her billions The Barbadian beauty came the youthful self- made womanish billionaire and youthful womanish billionaire in 2022. She’s worth about$1.4 billion moment, placing her among the top five richest Black women in the world.
Though Rihanna has multitudinous music accolades – alternate loftiest- selling woman artist of all time behind Madonna and nine- time Grammy winner – the music alone did n’t make her a billionaire. In fact, pop megastars rarely get that fat from music — Taylor Swift might be the only living artist who hit the big- B from music alone, thanks to her dumb-successful 2023 “ Eras Tour.
” Kanye West, Jay- Z andDr. Dre each have a boatload ofNo. 1 singles, but they hit billionaire status with their business chances and threads companies. Yeezys, Roc-A-Wear and Beats by Dre delivered their bump to the big bread.
RiRi got there by launching her Fenty Beauty in 2018, the same time she began her also-successful Savage x Fenty lingerie brand. Since you or at least five Black women you know rock the makeup, lingerie or both, Fenty Beauty came the world’s biggest celebrity- possessed brand as of last November.
Interestingly, Rihanna’s hourly- compared music “ rival, ” Beyoncé, has yet to hit that 10- figure mark( she’s “ only ” worth about$ 800 million) because her own frantically successful tour and record- setting Grammys run was n’t relatively enough to get there. And her discontinued Ivy Park brand did n’t slap with the millions. But c’m on – if Bey has lower than$ 200 million to go, she ’ll get there soon perhaps via that country album she’s planning to drop in a many weeks.?
RiRi had a renaissance moment about a year ago, starting with a important- talked about British VOGUE cover inFeb. 2023 that pissed off less enlightened souls because she’s depicted as leading her boyfriendA$ AP Rocky and their son Star.
That same month, following a lengthy career break of no albums or partners, she had a royal comeback by way of headlining the 2023 Super Bowl Halftime Show and executing the biggest pregnancy reveal ever. generally, if you want to come a billionaire, all you have to do is follow the Rihanna design Have a berserk successful music career, influence that into a brand that fulfills a specific and hourly- neglected need( Black makeup palates!), chuck deuces to the world for a little bit, also return and remind these fools how you do it on the nonfictional world’s biggest stage.
Megastar Rihanna Net Worth In 2024
Rihanna Net Worth 2024 streamlined Wealth Of The Megastar Explore the substantial net worth of Rihanna, the global music icon and entrepreneur. Learn about her fiscal achievements and influential benefactions to the music and fashion industries. Robyn Rihanna Fenty, known universally as Rihanna, has soared to billionaire status, but what’s her full net worth in 2024?
From her early beginnings in Barbados to her current position as a global icon, Rihanna has built an empire that extends far beyond her music career. Rihanna Net Worth an estimated net worth of $1.7 billion as of 2024. Rihanna’s trip to fame began in 2005 when she was discovered by music director Evan Rogers, leading to her signing with Def Jam Recordings.
Over the years, Rihanna has released eight studio albums, with successes like” Umbrella,”” Diamonds,” and” Work” beating the maps worldwide. Her music career has earned her multitudinous awards, including nine Grammys and 14 Billboard Music Awards.
Fenty Beauty A Revolution In The Cosmetics Industry
In 2017, Rihanna launched her cosmetics brand, Fenty Beauty, in partnership with luxury goods empire LVMH. Fenty Beauty has been a game- changer in the beauty industry, emphasizing inclusivity by offering colorful shades to feed to different skin tones. Further, the brand’s success has been monumental, with its reported profit exceeding$ 550 million in its first year. Rihanna’s net worth has grown because of Fenty Beauty’s success. The brand has been valued at over$ 3 billion, with Rihanna possessing a 15 percent stake in the company, equating to around$ 450 million of her net worth.
Luxury Fashion With Fenty Maison
Building on her success in the beauty industry, she also launched Fenty Maison in 2019, a luxury fashion brand under the LVMH umbrella. The brand further cemented Rihanna’s status as a fashion king, becoming the first Black woman to lead a luxury fashion house under LVMH. Although Fenty Maison is still fairly new, its impact on Rihanna’s net worth is significant and growing.
Savage x Fenty Lingerie For All
Another major contributor to Rihanna’s net worth is her lingerie brand, Savage x Fenty. It promotes body positivity and inclusivity by offering a different range of sizes and styles. With multiple backing rounds, including a$ 115 million investment in 2021, the brand’s valuation has soared, amplifying her overall net worth.
Rihanna Philanthropy & Future gambles
Rihanna’s wealth also allows her to be an active philanthropist. This foundation also supports education and healthcare action worldwide. also, she has gave millions to colorful charitable causes. This includes COVID- 19 relief efforts to help those in need during the epidemic.
