Rihanna hasn’t been so active lately, especially with releasing new music. So in 2020, is Rihanna net worth changed at all? Does she make more or less money?
With a net worth of $ 600 million, Rihanna is the richest female singer in the world. She is also the 3rd highest-paid female singer globally in 2019.
It is known that Rihanna currently lives in London. This explains her first appearance on the Sunday Times’ list of the UK’s most popular music stars. The singer ranked third after Andrew Lloyd Webber and Paul McCartney, who were in first place with £ 800 million each.
How did Rihanna make her 2020 net worth?
Forbes now ranks Rihanna as the richest female singer in the world. She made a lot of money on music tours, including the Diamonds tour in 2013 that earned her $ 130 million.
Besides, this female star also earned tens of millions of dollars from selling albums, singles, music copyrights, and advertisements. In 2016, she signed a $ 25 million contract to promote products for Samsung.
Rihanna’s “super huge” assets are mostly from the famous cosmetic brand Fenty Beauty. Founded at the end of 2017, the brand quickly achieved success, bringing the singer $ 100 million in revenue (about VND 2,300 billion) in the first few weeks of the debut.
Rihanna is one of the major shareholders of the music streaming service Tidal.
In addition to music, the singer also engaged in fashion when participating in designing, creating collaborations for famous brands such as Puma, Dior, or Armani. During her singing years, Rihanna has released 11 fragrances.
Most of Rihanna’s assets also come from partnering with luxury fashion group LVMH – the parent company of luxury brands like Dior, Louis Vuitton, and Fendi.
This singer spends a lot of money on real estate. She owns 2 luxury apartments in Los Angeles (California, USA).
She also owns a villa worth $ 7.5 million in Los Angeles and rent for $ 35,000 / month.
Rihanna is also actively involved in volunteer activities. In 2012, she founded the Clara Lionel Foundation to improve education and health care for children in impoverished communities.