Singer and businesswoman Rihanna. Picture: Invision
Singer and businesswoman Rihanna. Picture: Invision

Thanks to her Savage X Fenty lingerie range, Rihanna is now worth R11bn

By EMMA POWEL Time of article published May 13, 2020

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London - Pop superstar Rihanna has burst in to the top of the charts as Britain’s third-richest musician – thanks to her line of raunchy lingerie and a move to London.

The Barbados-born singer’s estimated £468-million (about R11-billion) fortune is powered by her Fenty cosmetics brand, which launched in 2017 and generated £462-million in its first 15 months.

She also has eight albums to her name and Savage X Fenty, the successful lingerie brand.

The 32-year-old’s wealth puts her below Sir Paul McCartney and Andrew Lloyd Webber – jointly top with £800-million – but above Sir Elton John, said to be worth £360-million in the Sunday Times’ annual list of the wealthiest musicians in Britain. The singer moved to London to be closer to her fashion label in 2018.

Sir Paul, 77, was up £50-million on last year, after topping the New York Times bestsellers chart in 2019 with his debut children’s book Hey Grandude! and he took more than £81-million at the box office from his 29-date world tour. His latest album, Egypt Station, was also his first to debut at number one on America’s Billboard 200 chart, while Beatles-inspired film Yesterday was a huge success last year.

But Lord Lloyd Webber, 72, had dropped £20-million as a result of the coronavirus pandemic hitting theatres worldwide. Sir Elton, 73, whose music enjoyed a resurgence after the release of his biopic Rocketman, saw his worth soar by £40-million also thanks to his ongoing Farewell Yellow Brick Road tour. He was placed fourth.

Rolling Stones frontman Sir Mick Jagger, 76, took fifth place with £285-million, up £10-million.

Ed Sheeran, 29, worth £200-million, was the youngest artist in the Top 40 and was number ten alongside Sir Rod Stewart and Sting.

Daily Mail

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