Rihanna’s $1.7 Billion Net Worth Makes Her the 1st Billionaire From Barbados
Rihanna was born in Saint Michael and raised in Bridgetown, Barbados, on February 20, 1988, as Robyn Rihanna Fenty. Even after becoming a household name, she considers the island home. Rihanna became a household name when a record producer convinced her to come to the United States and record demo tapes. In 2005, she signed with Def Jam. And today, Rihanna’s $1.7 billion net worth makes her the first billionaire from Barbados.
Rihanna became famous for her music
Rihanna is a woman of many talents. She is a singer, songwriter, fashion designer, actor, and entrepreneur. Her first album, released back in 2005, was titled Music of the Sun. A Girl Like Me followed it in 2006. Both albums hit within the top 10 of the U.S. Billboard 200 chart.
Despite the success of her first two albums, it wasn’t until her third album in 2007 that she became a household name. With her hit song “Umbrella,” she earned global stardom, her first Grammy Award, and industry fame. Her last album, Anti, debuted in 2016.
Much to the disappointment of her fans (including Ariana Grande), Rihanna shifted her focus away from music to work on her Fenty Beauty and fashion lines. But she’s poised to make a comeback.
How did Rihanna achieve her net worth?
Rihanna also acts. Her film debut arrived with 2012’s Battleship. Other projects include Bates Motel, Valerian and the City of a Thousand Planets, and Ocean’s Eight.
These days, most know Rihanna for her business ventures. She’s worked with brands such as Armani and Dior as an ambassador. This led her to make connections in the beauty industry, allowing her to create her own products.
Rihanna’s Fenty Beauty offers hard-to-find shades for women of color. Via the company, the star grosses an average of $550 million in annual revenues, according to Forbes. Fenty Beauty is worth approximately $2.8 billion.
She also has a lingerie line, Savage x Fenty, which launched in 2018. It already has a $1 billion valuation. However, it’s not all success. Rihanna’s Fenty clothing line failed to do well amid the pandemic. She released its last collection in November 2020.
With all that Rihanna has achieved, she has a net worth of $1.7 billion. According to Business Insider, this makes her one of just eight Hollywood A-list billionaires. Forbes also notes she’s the only billionaire from Barbados.
Rihanna returned to Barbados
In late January 2022, Rihanna and her partner, A$AP Rocky, announced her pregnancy. While waiting for her child’s arrival, she returned to Barbados. For Rihanna, it was essential to have her baby there, surrounded by the women in her life. It is also important to her partner, who similarly has relatives there.
While Rihanna owns multiple properties, perhaps the least is known about her Barbados mansion. According to Celebrity Net Worth, it’s worth millions. The star also has at least one home in Los Angeles and has rented others in New York and London.
