Is Robyn Rihanna Really Became A Billionaire?

Robyn Rihanna
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Robyn Rihanna Fenty’s life changed forever. Born in Barbados, the singer who aspired to impress Jay-Z and LA Reid and signed a contract with Def Jam Records that year, which put him on track to become one of the world’s greatest pop singers. Less than a year after she signed her first contract, Rihanna rose to international prominence, took the lead in number one, and became a household name. Fast forward to 2021, and Rihanna has an attractive Guinness World Records under her belt. Also, he is a 33-year-old billionaire.

We all know that being a pop star pays off well, but if you look at the right amount of other celebrities in the game (Katy Perry’s $ 330 million or Lady Gaga’s $ 320 million, according to Celebrity Net Worth), you should ask yourself what sets you apart. Rihanna outside. Are his songs very popular, has his appearance in movies benefited millions or was it his business venture that made the Bavarian star money? Keep reading to find out how important Rihanna is and how she becomes a real millionaire.

Robyn Rihanna‘s Net Worth

Forbes estimates that Robyn Rihanna is now worth $ 1.7 billion, making her the official billionaire and putting her in the league more than most other figures in the music industry. The publication revealed that Robyn Rihanna is the richest female artist in the world and is the second richest woman in the world, surpassed only by Oprah Winfrey.

Not so bad in 33 years! Nor is it a bad success if you think that Robyn Rihanna was not born into wealth and then use it. Given her superstar status these days, it’s easy to forget, but Rihanna started life as a Barbados girl with nothing but big dreams and a will to succeed.

So how did Robyn Rihanna make so much money in such a short time? The BBC reports that it is her cosmetic product that has had the biggest impact on her finances. Fenty Beauty was launched in 2017 and beauty products appeared in 1,600 stories in 17 countries. Robyn Rihanna is reportedly the owner of 50% of Fenty Beauty, which made $ 100 million in its first 40 days of operation.

Fenty Beauty, also owned by luxury clothing company LVMH, is reportedly making more money than other celebrity cosmetics products, including Kim Kardashians KKW Beauty, and Kylie Cosmetics’ Kylie Jenner.

It is estimated that approximately $ 1.4 billion in Robyn Rihanna’s fortune comes from Fenty Beauty alone. So it is fair to say that make-up definitely helped Rihanna to become a millionaire.

Fenty Beauty isn’t the only business Rihanna has invested in her toes. She also has a stake in her underwear company, Savage X Fenty, which is said to cost $ 270 million.

Robyn Rihanna launched Savage X Fenty in 2018 in partnership with TechStyle Fashion Group and currently owns 30% ownership, while other investors such as Jay-Z’s Marcy Venture Partners are also shareholders. Forbes reports that the company is currently growing in the retail sector.

Savage X Fenty has been making waves for the famous faces that have imitated the brand’s products, including Lourdes Leon, Emily Ratajkowski, and Gigi Hadid.

While Fenty Beauty and Savage X Fenty have brought great success to Rihanna, not all of her business activities have turned out the same way. In partnership with LVMH, Rihanna is also launching a luxury fashion house called Fenty in 2019.

Unfortunately, the line was hit hard by the COVID-19 epidemic. It released its final collection in November 2020 before closing.

Her businesses in the cosmetics and fashion industry have generated a lot of value for Robyn Rihanna, but she also has her own success in the entertainment industry thanks to all that remains. According to Parade, the artist has sold more than 60 million albums and is also the largest digital artist in history.

While Robyn Rihanna is a household name primarily because of her music, she probably didn’t earn as much money in her best-selling songs as one might think. The reason? He doesn’t have the credentials to write songs for most of his hot songs, so his cut to profit is very small.

Popstar has also made some of its fortunes on tourism, bringing in $ 25 million for the 2016 Anti World Tour alone.

She is best known for her role in the music industry, but Rihanna has also entered the acting industry. Among other things, he has had acting credits at Ocean’s 8, Battleship, Home, and Valerian and the City of a Thousand Planets.

His salary for each of his films has not been made public, but experts believe that the money he has made here will be huge compared to what he has gained through Fenty Beauty and Savage X Fenty. Despite her musical and movie success, Rihanna is primarily a millionaire because she is a business manager.

 

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