Rihanna Is Now America’s Richest Female Musician–Here’s Why She Has No Plans to Stop Working Despite Having Millions
While Rihanna seems to have taken a break from making music, her last album being released last 2016, the Barbadian born musician still came out as the wealthiest female musician in the United States. With a net worth of $600 million, she also made it into Forbes’ list of the richest self-made women under 40.
Despite all these though, the 31-year-old star says she has no plans of slowing down.
In an interview with the New York Times Styles Magazine, Rihanna admitted that she never really thought that she would ever make as much money as she’s making now. Thus, a number won’t be stopping her from continuing to work. She also adds that she works because she loves what she does and works on what she’s passionate about.
And it shows. A great part of her wealth derives from her business partnership with the French luxury goods conglomerate LVMH, with which she co-owns her Fenty brand. According to CNBC, the brand’s Fenty Beauty makeup line generated around $72 million in sales during its first full month last 2017. Even more impressive is the $570 million it has earned by 2018.
Now that she’s launched the fashion arm of her brand, it looks like her wealth is just bound to grow more. What more, her fashion line with LVMH is also historic as she is the first ever woman of color to have her own original brand under the conglomerate.
What Money Means
Aside from loving what she does, Rihanna’s desire to work is also related to the things money has allowed her to do. While money isn’t really her driving force, it has enabled her to take care of her family as well as facilitate the kinds of businesses she wants to.
But it isn’t only her family that she helps. Rihanna has previously mentioned how her ventures can create jobs for other people. So, in the end, her money isn’t really just for her. The singer turned businesswoman is also the founder of the Clara Lionel Foundation. Created in 2012, the foundation’s goal is to help children from impoverished communities get improved education and health care.
Through the foundation, the singer was able to give back to her home country of Barbados with the Clara Braithwaite Center for Oncology and Nuclear Medicine under the Queen Elizabeth Hospital. The center was named after her grandmother.
Before becoming a music and fashion icon, Rihanna was born Robyn Rihanna Fenty. She has two full brothers as well as a half-brother and two half-sisters from her father’s previous relationships. Childhood was troubled for the singer due to the rocky marriage of her parents and the substance abuse issues that her father had.
She forewent finishing high school to pursue a career in music and was discovered by Evan Rogers along with members of the girl group she formed.
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