Rihanna, the singer-songwriter, actress, and businesswoman, has become one of the most successful pop stars in the world. She is best known for her music, but she also makes money through endorsement deals, business ventures, and real estate investments. But what is Rihanna’s net worth? In this post, we’ll explore Rihanna’s career achievements, record sales and tours, endorsement deals and business ventures, and other assets to get an estimate of her net worth.
Introduction to Rihanna’s Music Career
Rihanna first gained recognition with her debut single “Pon de Replay” which became a worldwide hit and peaked at number two on the Billboard Hot 100 chart in 2005. Since then, she has released eight studio albums, four live albums, several extended plays (EPs) and numerous singles that have sold over 200 million copies worldwide. As a result of her commercial success, Rihanna has won numerous awards throughout her career including nine Grammy Awards, 12 American Music Awards, 13 Billboard Music Awards, seven Soul Train Music Awards and many more. Her biggest hits include “Umbrella,” “We Found Love,” and “Diamonds.”
Financial Performance Throughout Her Career
Throughout her music career, Rihanna has earned tens of millions from record sales and concert tours. According to reports, Rihanna’s estimated earnings from record sales alone are around $100 million. Similarly, the artist made $140 million in pre-tax income between 2016 and 2017 thanks largely to her Anti World Tour which grossed over $200 million across 89 concerts. Furthermore, Forbes listed Rihanna as one of the top 10 highest-paid celebrities in 2019.
Record Sales & Tours
According to Nielsen SoundScan, Rihanna has sold over 250 million digital downloads and over 60 million album units worldwide. Her eighth studio album ‘ANTI’ was certified double platinum by RIAA and reached #1 on the US Billboard 200 Chart in its first week of release. Additionally, all eight of her studio albums have been nominated for or won a Grammy Award. In terms of tours, Rihanna has completed five international tours since 2006 earning close to $300 million from ticket sales alone.
Endorsement Deals & Business Ventures
Over the years, Rihanna has struck up multiple high-profile endorsements deals with brands such as Puma, LVMH Moët Hennessy Louis Vuitton SE, Chopard, Samsung Electronics Co., Nivea, Gucci, Vita Coco and Mac Cosmetics. Most recently, the star announced an exclusive multiyear partnership deal with LVMH making her the first black woman to lead a major luxury brand in modern history. Moreover, Rihanna also owns Fenty Beauty — a makeup line created in collaboration with Kendo division of LVMH — and Savage X Fenty lingerie line which generated revenues of over $570 million in 2018 according to WWD.
Real Estate Investments & Assets
In addition to her musical pursuits and business ventures, Rihanna also invests in real estate properties. The Barbadian singer reportedly owns an apartment in New York City which cost her about $14 million back in 2015. Similarly, she purchased another luxurious penthouse unit overlooking Central Park for a reported price of $16 million in 2019. Additionally, RiRi is also said to own property in Los Angeles valued at around $6 million.
Recent Developments with Rihanna’s Net Worth
Despite the COVID-19 pandemic putting a halt on the entertainment industry for 2020, Rihanna still managed to amass an impressive fortune. In October 2020, it was reported that the singer had signed a new contract with Universal Music Group granting her rights to future royalties and ownership stakes in her master recordings worth hundreds of millions of dollars.
Conclusion: What is Rihanna’s Estimated Net Worth?
After taking into account all of Rihanna’s career accomplishments, record sales and tours, endorsement deals and business ventures, real estate investments and other assets; it can be estimated that the pop star currently has a net worth of approximately $400 million.