With an estimated net worth of about $1.7 billion, Robyn Rihanna Fenty is the richest female singer and songwriter in the world. She is second only to American “media queen” Oprah Winfrey in the list of richest female celebrities in the entertainment world.
There are many reasons why this girl of Barbadian origin rose to compete with tycoons and billionaires after only 18 years of building her career. The majority of Rihanna’s current assets come from a 50% stake in a cosmetics line partnered with luxury group LVMH in 2019 – Fenty Beauty – worth $1.4 billion and a stake in a lingerie company. founded by herself Savage x Fenty (worth about 270 million USD). The company is currently valued at about $2.4 billion.
Born into a family whose mother is a famous accountant, Rihanna learned lessons about money and finance from an early age. And to become a talented businesswoman, this is what she did and wants to share.
Learn about money early
Rihanna’s independent personality seems to have been formed from her early years. Born and raised in an unhappy family because her father was an addict, from a young age her mother entrusted her to take care of her siblings, while she also had to earn a living by working to support the family.
Rihanna once revealed to The Guardian that having to take care of her children like a second mother forced her to quickly grow up and become financially independent. During her early teenage years, Rihanna and two classmates formed a girl group and released their first album at the age of 17.
According to Rihanna, making money early will help you better understand the value of money as well as be aware of the connection between work and money. Adopting good financial habits from an early age is one of the building blocks for future success.
Find people who trust you
After the impressive success of selling more than 10 million copies of her third album Good Girl Gone Bad in 2007, Rihanna became the face of many fashion brands such as CoverGirl, Gucci and Dior. In 2011, she also launched her first perfume named Reb’l Fleur.
With an estimated net worth of about $1.7 billion, Robyn Rihanna Fenty is the richest female singer and songwriter in the world. She is second only to American “media queen” Oprah Winfrey in the list of richest female celebrities in the entertainment world. Source: Internet.
All of the above successes have great support and backing from rapper and businessman Jay-Z – Rihanna’s CEO. After hearing Rihanna’s voice at Def Jam Recordings when she was 15 years old, Jay-Z placed his trust in her and always followed and supported her. The two have collaborated to produce 6 albums.
According to this female billionaire, you don’t always need a financial investor, sometimes, friends and fans, people you trust and believe in can also open the door to success in many ways different ways. They can bring you business opportunities, or can also act as career advisors,… all of which are very helpful, bringing you to success soon.
You need to be alert to know where to invest money appropriately
Rihanna was born and raised in Barbados, but after signing with Def Jam, she moved to the US for work convenience. Moving abroad, this is an opportunity for Rihanna to expand her horizons, as well as seek new business opportunities.
One thing is for sure: jobs and opportunities will not come to you. Instead, you need to be alert to know which area or country is suitable for what.
For example, if you want to become a singer, you can easily succeed in New York or Los Angeles; But if you want to build a food brand, the bigger opportunity lies in Dubai and Riyadh, not in the US.
Create a passive income source
Statistics from Rolling Stone show that the first year’s sales of Rihanna’s Reb’l Fleur perfume have reached more than 80 million USD. This success is a testament to the idea of passive income that generates recurring revenue over time.
Over the years, Rihanna has created 11 scents. Now she can confidently advise on fragrance, testing and marketing, with a long-term return on royalties and sales profits.
The female singer advised that think about finding different jobs, opportunities so that money can flow into your account in many different ways.
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