Robyn Rihanna Fenty, who is better known by her stage name Rihanna to her followers all over the world, may have begun her career as a singer, but in a little under twenty years, the diva has added CEO, businesswoman, and billionaire to her list of honours. Rihanna Fenty is also known as Rihanna.
The 20th of February, 1988 found Robyn Rihanna Fenty being brought into the world at Saint Michael, Barbados. Her ancestry includes that of the Afro-Barbadians, the Afro-Guyanese, and the Irish.
She sought consolation in music as she navigated the challenging home environment that resulted from her father’s alcoholism and crack cocaine addiction while she was growing up.
Evan Rogers, an American record producer, found her performing in Barbados and took her to the United States, where she recorded demos before getting signed to Syndicated Rhythm Productions, a company co-owned by Evan Rogers and Carl Sturken.
Music Career Of Rihanna
Rihanna was called to audition for Jay-Z when the rapper Sean Carter, better known by his stage name Jay-Z, who was serving as CEO of Def Jam Records at the time heard her demo. In 2004, she was instantly given a record deal that included a total of six albums.
Her first studio album, titled “Music of the Sun,” was the result of her collaboration with a number of producers, one of them being Jay-Z. (Aug. 2005). This was swiftly followed by the release of “A Girl like Me” (April 2006),
which was Rihanna’s first album to be awarded the RIAA’s highest possible platinum certification. The main song from the album “Good Girl Gone Bad,” “Umbrella,” sold over 8
million copies worldwide and earned her a Grammy Award in 2008 for Best Rap/Sung Collaboration alongside Jay-Z. The album “Good Girl Gone Bad” was released in 2007 and received excellent reviews from music critics.
Following the release of “Rated R” in 2009, she went on to release the albums “Loud” in 2010, “Talk That Talk” in 2011, “Unapologetic” in 2012, and “Anti” in 2013. (2016).
Other notable singles on which she has worked with other artists include “Run This Town” (2009), which she recorded with Jay-Z and Kanye West; “Love the Way You Lie” (2010), which she recorded with Eminem;
“Princess of China” (2012), which she recorded with Coldplay; “Take Care” (2012), which she recorded with Drake; and “This Is What You Came For” (2016), which she recorded with Calvin Harris.
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Rihanna’s Brand Partnerships And Businesses
In addition to the success of Fenty Beauty, Rihanna’s numerous brand partnerships and other commercial endeavours have also helped her build her fortune.
According to Bloomberg, Rihanna has a thirty percent stake in the lingerie brand Savage x Fenty, which is estimated to be worth more than three billion dollars. The billionaire is also a part owner in the music streaming business known as Tidal, which is run by Jay-Z.
Rihanna launched a partnership with the sports gear business Puma in 2014, during which she worked as the company’s global ambassador and creative director. The agreement lasted for four years. She also released her own own collection of footwear and apparel in collaboration with them under the name Fenty x Puma.
Other high-profile brand partnerships that Rihanna has participated in include a capsule collection with the premium footwear company Manolo Blahnik and her role as the first Black ambassador for the fashion house Dior.
The actress has also appeared in a number of films, including Ocean’s Eight and Guava Island, and she most recently contributed a song to the soundtrack for Black Panther:
Wakanda Forever, which was produced by Marvel Studios. In addition, she was a part of the Halftime Show for Super Bowl LVII, which took place on February 12, 2023 in Glendale, Arizona.
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Business Of Rihanna
Rihanna has been able to parlay her stardom into a variety of lucrative economic endeavours and deals. In 2015, she agreed to a contract with Samsung worth $25 million to promote the company’s Galaxy brand of consumer electronics.
Other companies with which she has collaborated include Budweiser, Armani, Dior, Cover Girl, Gucci, Clinique, and River Island. Other brands with which she has worked include Secret Body Spray, MAC Cosmetics, and Budweiser.
She was promoted to the position of creative director of the fashion and sportswear brand Puma in 2014, where she is responsible for the women’s line of the company and the release of clothing and footwear collaborations that are extremely popular and quickly sell out. In addition to that,
she is one of the co-owners of the music streaming service Tidal, which is owned by a number of famous people including Jay-Z, Madonna, and Kanye West.
Rihanna announced the debut of her Fenty Beauty makeup brand in September 2017, in collaboration with the Kendo Brands division of luxury goods manufacturer LVMH. The first two months of sales for the brand totaled a hundred million dollars.
The line brought approximately $570 million in revenue in 2018. On the basis of a 7X sales multiple, it is feasible that the entire worth of the brand may be somewhere between $2 and $3 billion. It has been stated that Rihanna holds a fifty percent stake in the brand. At these levels of valuation, Rihanna’s stock is worth between $1 and $1.5 before taxes.
What Is Rihanna’s Net Worth?
Rihanna is a singer, songwriter, actor, and entrepreneur who was born in Barbados. Her net worth is now estimated to be $1.7 billion. Rihanna is now the wealthiest female musician in the world as a result of this net worth.
Rihanna is currently one of the most famous and financially successful musicians in the world. Her music is sold all over the globe. Rihanna Fenty Beauty Line, which is a joint venture between her and the luxury goods conglomerate LVMH, is responsible for the most of the wealth that she has accumulated to this point.
The revenue that the brand brings in annually exceeds $100 million. Reportedly, Rihanna owns fifty percent of the collaboration, and estimates place the value of the brand between two and three billion dollars. In addition, she has a thirty percent stake in the lingerie label Savage X Fenty, which was recently valued at over one billion dollars.
