Female Artist of the Year Award to Urban Luxe Award for Fenty: No Wonder Rihanna Has A 600 Million Fortune - She Has Earned It
The Carribean Queen Robyn Rihanna Fenty with ancestry tracing back to Barbados is not just a singer; she is an actress, composer, music video director, producer, fashion designer, ambassador, philanthropist, and a successful businesswoman.
The best selling music artist rose to stardom with her debut single ‘Pon De Replay’, peaking at number 2 on the US Billboard Hot 100 chart.
Having sold over 280 million records and singles, her best-selling record remains the third studio album ‘Good Girl Gone Bad’ which sold over 9 million copies worldwide according to Official Charts. The album also became her way to experience the first touring life and RiRi has not been shy in voicing out her appreciation for the album in her Instagram account.
This might have already piqued your attention in knowing how much has the princess of RnB earned in her ever-so-growing career. So, let’s dig in!
Rihanna Net Worth
The Battleship actress has a whopping $600 million net worth according to Forbes as per 2019.
Along with the music career, her success in fashion and cosmetic realms can be credited for making her the world’s richest female musician.
Earnings From Music
Initially skeptical Jay-Z, a newly appointed CEO of Def Jam Recordings, about Rihanna’s lending her voice for the song ‘Pon De Replay’, nevertheless, became impressed with her talent. RiRi signed a contract with Def Jam and the song became an instant hit peaking at number one on Billboard Dance Club Songs.
The Bajan Beauty’s first debut album ‘Music of the Sun’ received a gold certification and sold over two million copies worldwide.
Her breakthrough album became ‘Good Girl Gone Bad’ with international hits singles: Umbrella, Shut Up and Drive and Don’t Stop the Music. Anti, the eighth studio album, received a double platinum certificate and became the first multi-platinum album of 2016.
Either way, the Barbadian singer is sweeping high in her musical journey with a new album titled R9 all set to release in 2020. She went on to tease her fans with a snippet of the album’s song on Instagram. Check it out here!
The Commercially Successful Diamond World Tour
Rihanna has always been on the ladder to success when it comes to tour, with top artists like Akon, Ciara, Chris Brown, Calvin Harris, Kesha and many more playing opening act for the tour.
Indeed, by the third world concert, she was already on the good list of the critics gaining critical acclaims for her tour ‘Loud’. And, obviously, it became the seventh highest-grossing tour of 2011 with an average ticket price of $ 74.95 leaving behind major pop-stars like Britney Spears, Justin Bieber, and others in the same year according to the data collected by Pollstar.
Two years later, she excelled in the records of the previous tour as she became the fifth-highest touring artist with the Diamond World Tour. It became the most lucrative tour grossing $140 million worldwide according to Business Insider. Undoubtedly, the average ticket price was $ 84.69.
Besides, she signed a $25 million contract with Samsung in the Anti World Tour, her seventh tour.
Collaborative Business With An Ultimate Venture To Solo Brand
With the first fragrance Reb’l Fleur becoming a successful positive response garnering endorsement, inspired by her fondness of mixing five different scents in order to have a “unique scent”, grossed over 1.4 billion dollars as per Rolling Stone in 2016. The second one, Rebelle, was not the one to disappoint either. According to Capital FM, it became the fastest-selling celeb perfume in the United Kingdom with more than two million bottles sold just in the span of six months.
Altogether Riri has released four fragrances, each matching the instant success of its predecessor.
The singer is also one of the co-owner of Tidal, a subscription-based music streaming service.
She also owns a label called Westbury Road Entertainment revealing that she would be releasing her music through it in 2016.
In 2013, Rihanna signed an £800,000 contract with River Island, a fashion brand, and entered the fashion world launching her new fashion collection. The same year, she made a debut in the make-up industry collaborating with popular global cosmetics brand MAC.
After two years, she launched a beauty and photo agency, naming it ‘Fr8me’ and ‘A Dog Ate My Homework’.
At the age of 29, Rihanna launched her solo make-up brand releasing the products under the trademark Fenty Beauty. The LVMH, French luxury goods industry, is speculated to have paid higher than $10 million to launch the Fenty Beauty’s cosmetic products according to WWD.
In 2018, she expanded the horizon of Fenty launching a lingerie brand "Savage X Fenty" with the main focus on inclusivity like all of her previous ventures. Perhaps, the emphasis on making her brand usable for women of all color and size is what makes her flourishing in the fashion industry.
According to the BBC, the cosmetic brand sales of Rihanna reached approximately 500 million euros at the end of the year 2018.
Rihanna's cosmetic line recorded $72 million on earned media value grabbing the third spot according to Tribe Dynamics' Cosmetics report. The Fenty Beauty related video on YouTube garnered a total view of more than 132 million. The 72 million and 132 million achievements occurred in just a month of the brand's release in the market.
Bad girl Rihanna's sky-rocketing career and the dinero that comes from it, unquestionably, she deserves it all. Like she always says Work, Work, Work, Work, Work!
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