Additional reading: How Real Estate Can Provide Inflation Protection in Early Retirement
Rihanna, born Robyn Rihanna Fenty on February 20, 1988, in Saint Michael, Barbados, is an internationally recognized singer, songwriter, actress, and entrepreneur. She was discovered by American music producer Evan Rogers in 2003, which led to her breakthrough debut single "Pon de Replay" in 2005. Over the years, Rihanna has released multiple chart-topping albums and singles, earning numerous accolades and becoming one of the best-selling artists in the world.
Beyond music, Rihanna has established herself as a successful entrepreneur, founding the globally popular beauty brand Fenty Beauty and the lingerie line Savage X Fenty.
Rihanna keeps much of her personal life private, but her romantic relationships have made headlines, including her current relationship with rapper A$AP Rocky. In 2022, the couple welcomed their first child together. Despite her public image as a music and fashion icon, Rihanna values her privacy and often shields her personal life from the media.
Rihanna divides her time between Barbados, Los Angeles, and London, where she owns several luxury properties. As a proud Barbadian, she was appointed an Ambassador of Barbados in 2018 and has remained an influential figure in both her homeland and the global community.
As of 2023, Rihanna's estimated net worth is $1.4 billion, making her one of the wealthiest female musicians and entrepreneurs in the world. Her fortune is largely driven by her ventures in the beauty and fashion industries, particularly through Fenty Beauty and Savage X Fenty.
Rihanna's music career has been the foundation of her success, with hit singles like "We Found Love," "Diamonds," and "Work" topping charts worldwide. Over the years, she has sold over 250 million records, making her one of the best-selling artists of all time. Her albums, tours, and streaming royalties have contributed significantly to her wealth, although in recent years, her focus has shifted toward her business ventures.
In 2017, Rihanna launched Fenty Beauty in partnership with LVMH, the French luxury goods conglomerate. Fenty Beauty quickly became a massive success, praised for its inclusive range of makeup shades, particularly its foundation line, which caters to a wide range of skin tones. The brand generated $100 million in sales within its first few weeks and continues to dominate the beauty industry.
Rihanna owns a 50% stake in Fenty Beauty, which has been valued at $2.8 billion, making the brand a key driver of her wealth.
Rihanna’s lingerie line, Savage X Fenty, launched in 2018 and has also been highly successful. Known for its inclusivity and body-positive messaging, Savage X Fenty offers lingerie for all body types and has disrupted the traditional lingerie market. With a valuation of $1 billion, Rihanna's stake in Savage X Fenty is another major contributor to her net worth.
Savage X Fenty has grown rapidly through direct-to-consumer sales and annual fashion shows, which are streamed online and celebrated for their diverse cast and performances.
Rihanna has made several real estate investments, purchasing luxury properties in Los Angeles, London, and her home country of Barbados. Her Los Angeles mansion is worth over $13 million, and she owns several other homes in the U.S. and the Caribbean. Her real estate portfolio is estimated to be worth more than $100 million.
Rihanna has made smart investments in other industries, including her partnership with LVMH to launch Fenty, a luxury fashion line that made history as the first brand under the LVMH umbrella founded by a Black woman. While the fashion house paused operations in 2021, it remains a notable part of her entrepreneurial journey.
In addition, Rihanna has invested in tech startups and has endorsement deals with major brands, adding further to her financial portfolio.
Rihanna is deeply committed to giving back through her Clara Lionel Foundation, which she founded in 2012 in honor of her grandparents. The foundation focuses on global issues such as education, emergency response, and climate resilience. Rihanna has donated millions to disaster relief efforts, COVID-19 response initiatives, and educational programs.
In recognition of her philanthropic work, Rihanna was awarded the Harvard University Humanitarian of the Year award in 2017. She continues to use her platform to advocate for social justice, equality, and environmental causes.
Rihanna’s journey from pop star to billionaire entrepreneur showcases her exceptional talent, drive, and business acumen. With an estimated net worth of $1.4 billion, she has built a diversified empire spanning music, beauty, fashion, and real estate. As she continues to expand her brand and influence, Rihanna’s legacy as both an artist and a businesswoman is undeniable.
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Learn more: How to Calculate Your Early Retirement Savings Goal
Disclaimer: The information provided in this guide is for educational purposes only and does not constitute financial, tax, or legal advice. Always consult with a licensed professional before making any financial or investment decisions.