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‘My money is not for me’ – so how does Rihanna, the world’s richest female musician, earn and spend her US$600 million fortune?

STORYBusiness Insider
Rihanna has an estimated net worth of US$600 million. Photo: Getty Images
Rihanna has an estimated net worth of US$600 million. Photo: Getty Images
Millionaires and billionaires

While she splurges on beauty, fashion and holidays, Riri prioritises spending money on others, whether it’s her family or those in need, and she’s heavily involved in charity work

With an estimated net worth of US$600 million, Rihanna, 31, is the world’s richest female musician. She was also the third highest paid female singer in 2019.

That level of wealth puts her a long ways from her childhood. “When I was younger, I couldn’t afford everything, but a pair of Timberlands: that was my Dior”, Riri told T: The New York Times Style Magazine. “And I had to save my money for a whole school year to get those Timberlands that I wanted, and I did it.”

It’s a determined attitude that helped the singer get to where she is today. Rihanna’s fortune isn’t just from her music – she’s been able to grow it through brand partnerships and her own product lines.

While she’s known to splurge on beauty, fashion and holidays, Rihanna prioritises spending money on others, whether it’s her family or those in need. She’s heavily involved in charity work and was named Harvard’s humanitarian of the year in 2017.

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See how Rihanna earns and spends her fortune.

Rihanna is now the world’s wealthiest female musician. Photo: Getty Images
Rihanna is now the world’s wealthiest female musician. Photo: Getty Images

Rihanna is worth an estimated US$600 million, which she's earned from a variety of industries. According to Forbes, she is now the world’s wealthiest female musician.

Rihanna also profits from tour sponsorships. She reportedly signed a US$25 million contract to promote Samsung on her 2016 Anti World Tour. Photo: Getty Images
Rihanna also profits from tour sponsorships. She reportedly signed a US$25 million contract to promote Samsung on her 2016 Anti World Tour. Photo: Getty Images

The singer has earned millions from her tours. Her most prolific, the Diamonds World Tour in 2013, grossed more than US$140 million worldwide.

She’s sold more than 60 million albums and 215 million digital tracks. In 2016, she reportedly earned US$7.6 million from streaming and US$2.5 million from sales.

Rihanna is also part-owner in the streaming service Tidal, which has sold stakes for millions of dollars.

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