Things And Ways Leading To Rihanna's $260 Million Worth Empire
Since her introduction to the music industry, Robyn Rihanna Fenty, better known as Rihanna, has been a star on the rise. With hits such as 'Umbrella,' 'Diamonds,' and 'We Found Love' that came out over the years, the Barbadian singer has managed to build a musical empire on her own. However, the songwriter has expanded it to include other types of business.
Rihanna is also an actress, songwriter, businesswoman, and these occupations have allowed her to bring in $70 million every year, raising her net worth to the staggering amount of $260 million. And the number keeps on growing! Here's the breakdown of what this best-selling artist has done to amass her hefty fortune.
PERFORMANCES AND SHOWS
It should come as no surprise that the famous singer gets a big slice of her financial pie through tours and performances, just like her colleagues in the industry. Her first tour, 'Rihanna: Live in Concert Tour,' was back in 2006, then she embarked on the 'Good Girl Gone Bad Tour' between 2007 and 2009.
However, it was in 2010 with the 'Last Girl on Earth Tour' that she started seeing some substantial profits from her shows. According to Insider, the performances to promote 'Rated R,' her fourth studio album, grossed $40 million. A year later, she went on the 'Loud Tour' to add $90 million more, by BET's report.
And if that wasn't enough for her bank account, Billboard stated that one of her most successful tours, financially speaking, was 2013's 'Diamonds World.' Her performances were sold out in 84 out of the 87 stops, grossing over $140 million around the globe. Not bad at all!
Rihanna wastes no time during her tours to make more money because she has also benefited from tour sponsorships. According to the New York Post, in 2015, the sex symbol signed a contract of 25$ million to promote Samsung on her 'Anti World Tour' the following year.
For the Barbadian singer, her fame and wealth started with music, and it's music which has also helped her continue to earn millions. Since her debut single back in May 2005, 'Pon de Replay,' Rihanna released eight studio albums, the last one being 'Anti,' which started hitting the radio stations in January 2016.
Even though she has not produced a new album in three years, her hiatus has not prevented her from getting profits out of her music. Rihanna is the most viewed female artist on Vevo/YouTube, with 21 Vevo certificates and more than 11.8 billion views, according to Roc Nation website.
Moreover, the same source explained that she has sold 60 million albums and a staggering 215 million digital tracks. From sales, she has taken in $2.5 million, $7.6 million more from streaming, and $10.1 million in master recording royalties, all in 2016 solely, by Billboard's report.
Rihanna is a money maker indeed - she also partially owns the streaming service called Tidal that Jay Z launched in 2015. This artist-friendly service has been very successful since its release, selling stakes for millions of dollars.
As we previously stated, the 'Good Girl Gone Bad' singer has done so much more than create music. This includes her contract above with Samsung which, according to the NY Post, "is the biggest music-marketing tie-up in recent memory."
But this deal is only one of a long list of business associations with well-known and high-class brands. Back in 2014, Rihanna was appointed the creative director for Puma for clothing and shoe lines, and her collaborations have been very profitable.
The singer's website claims that she has designed collections for River Island and Armani, and has got creative partnerships with other brands such as Cover Girl, Manolo Blahnik, Louis Vuitton, Gucci, Chopard; a deluxe jewelry line, sock company Stance, and Dior.
BEAUTY AND UNDERWEAR PRODUCTS
Rihanna has not been content with mere collaborations; in September 2017 she also launched Fenty Beauty, her shade-inclusive beauty line that sold out in record time at Sephora, according to Insider. The star's most successful products were the foundations and dark shades.
Vogue also reported that the cosmetic line grossed $100 million in sales in only the first 40 days after its launch. Apart from beauty products, we have the songwriter's lingerie line that was released in May 2018. Shockingly enough, Savage X Fenty completely sold out in less than a month, and perhaps it was because of its colors, sizes, and shape-inclusive pieces.
And we cannot forget that before her cosmetic and underwear lines, the influential musician first dabbled in the fragrance industry. According to Rolling Stones, Rihanna's first sassy scent was titled 'Rebelle' with a darker sister called 'Reb’l Fleur' that reportedly brought an impressive $80 million in sales by 2011's end.
Since then, the music star has released 11 fragrances throughout the years, and the most recent one hit stores in August 2018. As Allure described, the eau de parfum was a remix of her very first perfume 'Reb’l Fleur.' According to the source, "The revamped scent is 'richer and bolder' and apparently captivates with intensity, feminine power, and sexiness."
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There's nothing that this female artist hasn't done - she didn't leave out the filming industry either. Rihanna has served as an actress in some cinematographic productions, Warner Bros' 'Ocean's 8' being the most recent one along with Sandra Bullock, Sarah Paulson, and Cate Blanchett.
The movie revolves around eight female thieves, which exceeded expectations among critics and the box office. It managed to bring in $55.7 million for the opening and went on to gross $274 million domestically, and $723 million around the world.
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Although it's not clear how much Rihanna received from her participation, it's safe to assume she got a big slice of that pie. Apart from 'Ocean's 8,' the actress has participated in movies such as 'Home,' 'Annie,' and her acting debut in 2006 with 'Bring It On: All or Nothing.'
At the age of 31, there are plenty of endeavors that Robyn Rihanna Fenty can still have. Despite all her achievements, the singer is just getting started, so we're sure she'll continue to add more credits to her resume and more zeros to her bank account. If you enjoyed this article, don't forget to share it with other friends who like Rihanna. Until next time!