Rihanna, the queen of music, steps into the business world. The queen is adding on to her treasury. Now the question is, what is the net worth of Rihanna? Recently Rihanna and her boyfriend A$AP were voted the New York’s best-dressed couple. The couple is made for each. They are just adorable. He is the king our queen Rihana deserves. The music queen started her career in 2003. Rihanna formed a harmonious trio with two of her classmates. Rihanna was discovered in her home country of Barbados by American recording producer Evan Rogers. Without a name or any element, the girl group headed to land an audition with Evan, who stated.
“The minute Rihanna stepped into the room, it was like the other two ladies didn’t exist.” Rihanna went to Evan’s hotel room, where she worked versions of Mariah Carey’s Hero and Destiny’s Child’s Emotion. Evan recorded a second meeting with Rihanna’s mother and then asked Rihanna to his hometown in the United States to record some demo lines that could be sent to record labels. Records were intermittent, taking about a year because she was only able to record through school holidays.
The Last Time and Pon de Replay were two records recorded for the demo tape, which were ultimately included on her debut album Music of the Sun. That same year, Rihanna was hired to Evan’s and Carl Sturjen’s stock company, Syndicated Rhythm Productions.
We All Know Rihanna As A Music Queen But Do We Know Her As A Successful Business Woman?
We have all hear Rihanna’s music from Roll It to This is What You Came For. But not every one of us knows her as a successful businesswoman and the business mind. She owns more than three bands solely under her name, including the other brands she owns under the partnership with other companies and people. But the music queen is able to handle three complete business empires by herself without the help of any partner or any enterprise. Her first business was the odor and perfume business.
In 2011, Rihanna released her first Fregnance name Reb’l Fleur. And the next three years, she kept on launching new fragrances. Her first venture is worth 80 million dollars and, on average, provides her with a profit of 30 million dollars per annum. In 2015 she co-owned a music streaming company named Tidal. Later Jay-Z took over the company when Rihanna solely owned her own music label named Westbury Road Entertainment. The queen extended her empire by launching a style and makeup agency named Fr8me. Her agency is famous for using organic products for a film shoot or fashion week and commercial stuff. Rihanna has also included a photo studio in the empire.
Rihanna’s Most Successful Ventures And Rihanna’s Most Famous Brands
Rihanna does not only hold royalties to the most sold records, but she also owns million-dollar ventures under her name. In 2019 Rihanna launched her fashion brand named Fenty. It’s been only two years since the brand was launched, but already the turnover is over a billion. Rihanna put her business mind to work. She used her goodwill to build her empire and rule the world of business as well as the music Industry. However, due to COVID19, her fashion line is put on hold, and Fenty is only selling the Lingerie line of products. In 2018 Fentry launched SavageXFentry that was the Lingerie line of products.
Rihanna also showed her SavageXFenty line of products in New York Fashion Week 2018. She promoted her brand with a big fat show where DJ Khalid was present, Bella Hadid walked down the ramp, and the show was streamed on Amazon prime video. Rihanna knows how to put her contacts and her name to use, and that’s why she is a business Tycoon and not just a pop star. When businesses were facing a hard time in the pandemic year, she identified the perfect audience, and she launched a skincare brand named Fenty Skin.
What Is the Net Worth Of Rihanna?
Rihanna has an estimated net worth of around 600 million dollars, and it is increasing day by day. Rihanna holds royalties to best-sold albums to date, and she has worked in many super hit movies. It is estimated that Rihanna’s worth from the entertainment business is around 100 million dollars. Apart from that, she is also induced in endorsements, and she frequently appears in commercials and paid promotions. And now, coming to the empires she owns.
In the pandemic year 2020, her new skin brand Fenty Skin is assumed to have a turnover of more than 120 million dollars. Rihanna’s other successful venture, SavageXFenty’s turnover, was around 115 million dollars. In the pandemic year, the economies were crashing, Rihana still managed to profit from her loss. Rihanna is not only an amazing artist, but she is also a pretty good businesswoman. She targets the right product at the right time, and boom, she is a millionaire. Very soon, Rihana will climb up to the billionaire list.