How did Rihanna grow her net worth?

How did Rihanna grow her net worth?

Forbes reports that the bulk of her fortune, around $1.4 billion, comes from the value of Fenty Beauty, with Rihanna owning 50% of the company. The rest comes from her lingerie company Savage x Fenty, which is worth roughly $270 million. The remainder are earnings from her career as a musician.

Where does Rihanna make her money?

The bulk of Rihanna's fortune comes from Fenty Beauty, with Forbes estimating the brand's value at approximately $1.4 billion; Rihanna owns half of the company. Another $270 million of the Bajan beauty's net worth is reportedly from her Savage X Fenty lingerie line.

Is Rihanna almost a billionaire?

Rihanna is worth $1.7bn (£1.2bn), with an estimated $1.4bn coming from the value of Fenty Beauty. Forbes - the business magazine that announced she'd become a billionaire - says she owns 50% of the cosmetics company.

What is Fenty Beauty worth?

Thanks to the impressive multiples at which beauty companies are trading, Fenty Beauty is worth a conservative $2.8 billion, Forbes estimates.

What's Rihanna's net worth?

Rihanna is now worth $1.7 billion, making her the richest female musician in the world.

Who is the richest female singer 2021?

Rihanna Rihanna, the magazine said, has reached a billionaire status with an estimated net worth of $1.7 billion. Her latest milestone makes her the wealthiest female musician in the world and the second wealthiest female entertainer, behind Oprah Winfrey.

Why is Rihanna's net worth so high right now?

• Everything Rihanna touches seems to turn to gold. All that said, it’s clear why Rihanna’s net worth is as high as it is right now. And it’s only going to get higher as she branches out and works her Rihanna magic. Basically, Rihanna is way more than just a music artist.

How old is Rihanna and what did she do?

• Famous first as a singer, Robyn Rihanna Fenty, 31, has since evolved into a style icon and makeup entrepreneur—and soon she’ll be the first black woman in charge of a major luxury fashion house.

Why is Rihanna important to the music industry?

• Rihanna’s status as a music icon is pretty much solidified. The singer consistently breaks records, sells out concert halls, and captivates fans with her beauty and honesty. Given that Rihanna’s been on the music scene for well over a decade now, it’s natural to wonder how much her name, face, and celebrity are truly worth.

How much money did Rihanna make with Fenty Beauty?

• Fenty Beauty racked up a reported $100 million in sales in its first few weeks, propelled by Rihanna’s fame and 71 million Instagram followers. The entire personal care industry in America has grown huge in recent years.