Rihanna, the wealthiest female musician globally, is set to grace the pre-wedding celebration of Anant Ambani and Radhika Merchant, the youngest son of Reliance Industries chairman Mukesh Ambani. The extravagant festivities are scheduled to unfold in Jamnagar, Gujarat, beginning March 1.
The pre-wedding bash is anticipated to be a star-studded affair, featuring performances from a stellar lineup of artists, including international sensations like Rihanna, and David Blaine, and Indian talents such as Arijit Singh, Ajay-Atul, and Diljit Dosanjh.
Rihanna’s financial prowess is formidable, and she has earned her place as one of the most influential recording artists of the 21st century. With nine Grammy Awards, 12 Billboard Music Awards, and six Guinness World Records, she has left an indelible mark on the global music scene. Her total record sales surpass USD 250 million, and her cosmetics brand, Fenty Beauty, has propelled her net worth to a staggering $1.4 billion (Rs 11,000 crore approx.), making her the richest female musician, as per Forbes.
The sources of Rihanna’s immense wealth are diverse:
Musical Tours:
Rihanna’s tours, including the Last Girl On Earth Tour, Loud Tour, Diamonds World Tour, and collaborations like the one with Eminem, have been immensely lucrative, collectively grossing hundreds of millions of dollars.
Business Ventures:
Fenty Beauty: Launched in 2017, Fenty Beauty, co-owned with LVMH, surpassed $550 million in annual revenues within a year and was valued at $2.8 billion in 2021.
Savage x Fenty: Rihanna’s lingerie brand, valued at $270 million, has achieved remarkable success since its debut in 2018, with the first collection selling out within a month.
Endorsements:
Rihanna’s massive Instagram following, exceeding 152 million, has made her a sought-after endorser for brands like Puma, Louis Vuitton, RIMOWA, Clinique, and Reebok, earning her significant sponsorship income.
Royalties:
Despite not being paid for her Super Bowl halftime show in 2023, Rihanna earned substantial royalties, with a notable spike in Spotify listens after the performance.
Luxury Assets:
Cars: Rihanna owns a collection of high-end cars, including a Lamborghini Aventador, Ferrari 488 GTB, Mercedes SLR McLaren, and Porsche 997 Turbo.
Mansions: The singer’s opulent properties include a $6.8 million Hollywood Hills mansion with six bedrooms, ten bathrooms, a pool, theater, and spa, as well as a Pacific Palisades Mansion worth over $6.9 million, featuring seven bedrooms, nine bathrooms, a rooftop sundeck, and various luxurious amenities.
Rihanna’s financial empire extends beyond her music career, showcasing her savvy investments, entrepreneurial ventures, and a taste for luxury assets.