Female singer Rihanna owns a fortune of 1.4 billion USD and ranks 20th on the list of richest self-made artists in the US as announced by Forbes Magazine.
Rihanna owns a fortune of 1.4 billion USD
According to Forbes, ranked 20th on the list with a fortune of 1.4 billion USD is singer Rihanna. Besides her resounding singing career, the 35-year-old global star has also achieved many great successes in the business field.
Previously, Bloomberg (USA) estimated that the lingerie fashion company Savage X Fenty was worth more than $3 billion, with Rihanna holding a 30% stake in this company.
The nine-time Grammy Award-winning singer also owns more than 50% of the shares in the cosmetics company Fenty Beauty. This company was founded in 2017 and brought in revenue of 550 million USD in 2020. According to Forbes, Fenty Beauty’s value is currently at 2.8 billion USD. In addition, Rihanna also has an impressive real estate “collection” in the US, UK and Barbados.
Products in Rihanna’s current business chain include cosmetics, perfume and lingerie. Photo: Getty
Rihanna once shared with the New York Times (USA) news: “I never thought I would make that much money, so the numbers don’t mean much to me, the numbers can’t make me feel good.” I feel like I can do enough and can stop and no longer need to work. For me, work is a very important and meaningful thing in life.”
Products in Rihanna’s current business chain include cosmetics, perfume and lingerie. According to Vogue, Fenty Beauty – Rihanna’s cosmetic brand has brought her incredible revenue of 100 million USD (more than 2,000 billion VND) in just 40 days.
In February, on the Super Bowl 2023 stage, Rihanna wore Fenty’s red lipstick and touched up Fenty Beauty’s own makeup right on stage. Immediately after that, the search volume for the keyword “Fenty Beauty” increased 1,860% on Google after the female billionaire’s performance.
As reported by WWD, analysis showed that Rihanna earned $5.6 million in “Media Impact Value” for the Fenty Beauty brand in the first 12 hours after the show.
According to Launchmetrics, this performance also helped raise $2.6 million for the Savage x Fenty clothing business. Social analytics company Brandwatch said mentions of Fenty increased by 717% on digital platforms such as Twitter and TikTok after the performance.
Rihanna always feels “very beautiful and confident”
In addition, at her lingerie brand Savage x Fenty, Rihanna also prioritizes uniqueness in new designs, she has given a message supporting the positivity of all bodies. She shared that she feels “very beautiful and confident” even though she “doesn’t look like a Victoria’s Secret girl”.
In addition to makeup and lingerie, the businesswoman has also created at least six perfumes, one of which is Reb’l Fleur – a perfume line that brings in an estimated revenue of 80 million USD (1,800 billion VND). ) in 2011 for female singers.
In the last 3 years, Rihanna (35 years old) has continuously appeared on the list of rich self-made women who own the largest fortune in the US. The list was released by business magazine Forbes (USA). What Rihanna is doing is building a series of brands around a lifestyle with her name and image as the focus.
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