What is the Secret of Rihanna Billion-Dollar Fortune?

What is the Secret of Rihanna Billion-Dollar Fortune?

Rihanna has once again been into the headlines after performing a full show at the pre-wedding of the Indian billionaire’s son Anant Ambani’s party. She appeared for such a stage performance after a long period of 8 years. She began her career as a singer, but later she showcased her multifaceted personality as an entrepreneur and fashion icon, and became a billionaire.

How old is Rihanna? What is her ethnicity?

Robyn Rihanna Fenty much famous by the name of Rihanna came into the world on 20th February, 1988, in Barbados. She is 36 years of age as of 2024. Rihanna ethnicity is mixed as she was born to her Afro-Guyanese mother and her father has African, English, Scottish, and Irish roots. She was raised by her parents in Bridgetown and helped her father to carry out household expenses. She was impacted a lot by her parents’ strained married relationship and witnessed the abusive behavior of her father.

What is the net worth of Rihanna?

Rihanna started her musical career when she was just 17 with a keen interest in the entertainment industry and became the talk of the town with her debut album Music of the Sun which made it’s release in 2005. Since her debut, she has attained ultimate success in the music world releasing 8 albums, out of which 14 singles dominated the Billboard Hot 100 chart. She created history with a record sale of over 60 million albums and 215 million digital tracks, as per the reports from her record label, Roc Nation.

Rihanna net worth is estimated to be around $1.4 billion as of 2024. She earned her money from her successful musical career and her other business endeavors including Fenty Beauty. She was recognized as one of the youngest females to get into the list of billionaires and was on the 21st position in the Forbes list of America’s richest self-made Women in 2022.

How did Fenty Beauty contribute to Rihanna’s net worth?

In the initial years, Rihanna rose to fame with her immense singing talent and broke records with her musical career. Further, the Barbados singer tried her fortune in the field of beauty, introducing her brand Fenty Beauty in 2017, and is the co-owner of the brand.

Rihanna generated the majority of her wealth from her cosmetics brand raising $550 million in 2020 as per data provided by Forbes. Further, the statistics provided by the co-owner of the brand LVMH suggested that the revenue was almost double in the year 2022 with the effective strategy and the successful campaigns carried out by the brand.

The cosmetics brand launched by Rihanna has all skin tones with a diversified range of shades that enhance the beauty of people with different skin tones. The majority of the Fenty Beauty products were trending and went viral on TikTok and several other social media platforms.

What are Rihanna’s other business endeavors?

Rihanna is a part of other businesses apart from her cosmetics venture Fenty Beauty. She has 30% stakes in the lingerie line Savage X Fenty, which has a valuation of over $3 billion. Moreover, she has partial ownership of Jay-Z’s Tidal.

She collaborated with high-end luxury brands such as Manolo Blahnik and became the 1st black ambassador of Christian Dior. She indulged in a partnership with athletic clothing brand Puma and performed the dual role of creative director and global brand ambassador in 2014. She introduced her footwear and clothing line Fenty X Puma which was an ultimate success as well. She recently came into the headlines for her song which she composed for the Marvels Black Panther: Wakanda Forever.

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