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Rihanna has gained global popularity for her Grammy-Award winning songs and largely successful business, Fenty Beauty. The brand is estimated to be worth $2.8 Billion in 2024, per Forbes.
The Umbrella singer's net worth has been estimated to be $1.4 billion in 2024, as per Celebrity Net Worth, making her the richest female musician in the world. The Barbados-born singer and actress was featured on Forbes America's Richest Self-Made Women in 2023.
Another musician who made it to the list is Taylor Swift, who recently became a billionaire. Swift's net worth is estimated to be $1.3 billion in 2024, as per Celebrity Net Worth, attributed to the success of Eras tour.
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Other singers close to becoming billionaires are Madonna ($850 million), Selena Gomez ($800 million) Beyonce ($760 million), and Celine Dione ($550 million). As per the rankings, Rihanna is richer than Beyonce and any other female musician.
Is Rihanna a billionaire? Will Beyonce also join the billionaire's club?
Rihanna's whopping net worth of $1.8 billion is representative of her global and commercial success as an artist and entrepreneur. A large portion of her net worth is attributable to her to the value of Fenty Beauty, launched in 2017 in collaboration with luxury goods company LVMH.
The Where Have You Been singer reportedly has a 50% partnership and has expanded her brand with Fenty Skin, Fenty Hair and other brand collaborations, such as Fenty x Puma.
She also co-owns the Savage x Fenty, lingerie line with Los Angeles-based fashion retailer, TechStyle Fashion Group. She's also one of the youngest individuals on the Forbes Self-Made list and became a billionaire at just 31.
Rihanna has also diversified her skills by picking up acting projects. She has appeared in Valerian and the City of a Thousand Planets (2017), Ocean's 8 (2018), Guava Island (2019) and others.
Another singer and global artist who appeared on the list and is expected to become a billionaire is Beyonce. Married to rapper and songwriter, Jay-Z, who has a net worth of $2.5 billion, as per Celebrity Net Worth, the couple is one of the richest in the music industry.
Beyonce has many accolades associated with her music career. She continues to hold the the record for the most Grammy Awards by any artist, with 32. In December, Forbes announced that Queen B had reached an estimated $760 Million.
It was estimated that her net income was $100 million after taxes from the Renaissance World Tour in 2023, and her music catalog is valued at $300 million.
Beyonce also owns a production and management business called Parkwood Entertainment. Founded in 2010, the company produces movies, music and clothing. While it's unclear if Beyonce will touch the billion mark this year, her net worth has increased manifold in the last few years.
Rihanna has continued to maintain her No. 1 position as the most-earning female musician in the world.
Her net worth has been attributed to the success of Fenty Beauty, music records and collaborations and a few acting roles. Rihanna's net worth ($1.8 billion) is much more than Beyonce's ($760 mllion).
