Rihanna Still Can't Believe She's a Billionaire: 'It’s Hard to Even Accept'
Even with all her incredible success as one of the biggest pop divas and richest female musicians, Rihanna is still getting used to her status as a billionaire. In a recent interview with The New York Times, the Savage x Fenty founder shared that being a billionaire was never on her list of accomplishments and the thought of it is still uncomfortable to think about. “It’s tricky because it’s hard to even accept that’s where you’re at because I know where I’ve come from,” she said. “At the same time, it feels good to be able to inspire young women and boys, who like me, come from humble beginnings, who come from parents who are immigrants or who are immigrants themselves, to be able to do this.”
According to Forbes‘s most recent ranking, Rihanna’s net worth still sits at $1.7 billion. In addition to being the wealthiest woman musician in the world, she is also the second richest woman entertainer, behind Oprah Winfrey. Unlike many of the other musicians, though, Rihanna isn’t raking in the dough from touring right now. In fact, she hasn’t had a music tour since 2016. So, where is all that money coming from?
Rihanna’s music is still a major source of income. Back in 2016, she made $11.1 million that year alone from streaming, sales, and royalties, and her music continues to be incredibly popular. On top of that, she’s part owner of the streaming service Tidal, which was valued at $600 million in 2017. In addition to music, she’s also made waves in the film industry: she was a costar in 2018’s Ocean’s 8 and also had previously appeared in Annie and Battleship, among others. It’s clear that Rihanna’s diverse career has really paid off.
Outside of the entertainment industry, Rihanna has brought in plenty of paydays through endorsement and fashion deals. In 2017, Rihanna launched Fenty Beauty, a shade-inclusive beauty line, which was reported by Vogue to have made over $100 million in sales within 40 days of launch and a whopping $570 million in 2018. She’s had 12 fragrances, with her 2011 debut scent making over $80 million alone. She eventually started her lingerie line Savage by Fenty. Though Fenty’s luxury clothing line was shut down earlier this year, the profits from it reportedly helped her reach billionaire status.
Even though it’s not her current source of income, a pretty hefty chunk of Rihanna’s lifetime net worth has come from tours over the years. For instance, BET reported that her 2011 “Loud” tour grossed $90 million, a good chunk of which went directly to the singer herself. She did even better on her next tour, 2013’s “Diamond World Tour,” which brought in over $140 million worldwide, with 84 out of 87 stops being completely sold out, as Billboard reported. By 2016, with her “Anti World Tour,” Rihanna was making money not just by selling tickets and merch, but with promotional deals. The New York Post revealed that Rihanna signed a contract worth $25 million with Samsung to promote the company during the tour.
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