With $600-Million Net Worth, Rihanna’s Planning to Use Her Money for a Very Special Cause
Rihanna is like Kobe Bryant, at least in terms of her fierceness, according to producer Evan Rogers, who discovered the then-teenager in Barbados after hearing her sing. After the singer, whose real name is Robyn Rihanna Fenty, recorded a demo, the man took it to Jay-Z, who saw the young woman’s potential.
Now, the artist has evolved to a multi-hyphenate musician, steering into other paths out of the industry she is known for. In fact, she has been going strong and even beat Beyonce in becoming the richest female musician of today.
Rihanna’s Valuation
That’s right, with a $600-million estimated net worth, as revealed by Forbes, Rihanna bested out Madonna (2nd), Celine Dion (3rd), and Beyonce (4th). As you might observe, these other singers are established as well but are notably longer in the biz than the 31-year-old.
With 16 years of her career, the Barbadian artist certainly lives up to what she sings – work, work, work, work, work. Indeed, there is no stopping for her, although as of this moment, she seems to be taking a long time releasing an album than she previously had.
Despite making chart-topping hits in the past years, fans obviously had no qualms about it and actually begged for more. So recently, one fan implied that Rihanna was a liar because she didn’t live up to her promise of releasing an album this year, but as playful as she is, she turned the rather insulting statement to a comedic one. In an interview, the Umbrella singer admitted that she has a lot on her plate because she juggles different things.
Business Ventures
As you can remember, Rihanna launched her beauty line, Fenty Beauty, in September 2017 and after launching an impressive 40-shade foundation lineup, a lot of people rushed to get their hands on one.
In fact, it was said that during the first month alone, it managed to rake in a whopping $100 million in sales. But the story doesn’t end there, the brand has been creating other products, too.
Rihanna’s determination in making wise investments transcended in her decision to put up a lingerie line, Savage x Fenty, in May last year, which, like her beauty brand, also champions diversity and inclusivity.
As if these things weren’t enough, she partnered with luxury fashion house LVMH, which owns Fendi, Givenchy, and Dior. What’s more amazing is that the clothing line, called Fenty, is the first in three decades.
Not for Herself
With the fortune she has earned, Rihanna said she is not putting her efforts to a halt soon because she loves what she is doing, just like the youngest self-made billionaire, Kylie Jenner.
While money isn’t what drives her to move, the multi-award winner admitted it had opened a lot of opportunities not just for her family but other people, too. With that, she can create jobs for those who need it.
The bottom line is, she said she works not for herself but to help others. Plus, Rihanna put up the Clara Lionel Foundation in 2012 to help improve the quality of health care and education for kids in several communities.
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