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Rihanna opens up about becoming a billionaire

Updated on: 26 September,2021 09:49 AM IST  |  New York
IANS |

In early August, Forbes announced that Rihanna had become a billionaire with a net worth of approximately USD 1.7 billion. Most of that derives from her business endeavours, with her 50 per cent share of Fenty Beauty being reportedly valued at USD 1.4 billion on its own

Rihanna opens up about becoming a billionaire

Rihanna. Pic/AFP

It seems that Rihanna has slowly been processing what it really means for her to now be a billionaire.


In an interview with The New York Times, the singer and businesswoman commented on her new financial status, explaining that she's still getting used to it, reports Complex.com.


"It's tricky because it's hard to even accept that's where you're at because I know where I've come from," she said.


"At the same time, it feels good to be able to inspire young women and boys, who like me, come from humble beginnings, who come from parents who are immigrants or who are immigrants themselves, to be able to do this."

She echoed similar sentiments on the red carpet of her Savage X Fenty Vol 3 show. "You know, it was real weird getting congratulations texts from people for money... I never got congratulated for money before. That shit is crazy."

She added, "I get scared when the pedestal comes into play and people put you up there and keep wanting to put you up there," she told Extra TV. "I wanna feel my feet on the ground because I know it's not gonna be a fall at all if anything, right?"

In early August, Forbes announced that Rihanna had become a billionaire with a net worth of approximately USD 1.7 billion. Most of that derives from her business endeavours, with her 50 per cent share of Fenty Beauty being reportedly valued at USD 1.4 billion on its own.

Her finances have landed her the title of 'wealthiest female musician in the world', and the second wealthiest female entertainer after Oprah.

Rihanna provided a three-word response after learning of her updated net worth, "God is good."

Rihanna is a Barbadian singer, actress, fashion designer, and businesswoman. Born in Saint Michael and raised in Bridgetown, Barbados, Rihanna was discovered by American record producer Evan Rogers who invited her to the United States to record demo tapes.

After signing with Def Jam in 2005, she soon gained recognition with the release of her first two studio albums, 'Music of the Sun' (2005) and 'A Girl like Me' (2006), both of which were influenced by Caribbean music and peaked within the top ten of the US Billboard 200 chart.

She is the founder of the nonprofit organisation Clara Lionel Foundation, cosmetics brand Fenty Beauty, and fashion house Fenty under LVMH; she is the first black woman to head a luxury brand for LVMH.

Rihanna has also ventured into acting, appearing in major roles in 'Battleship', 'Valerian and the City of a Thousand Planets', and 'Ocean's 8'.

Also read: Met Gala 2021: Rihanna, A$AP Rocky make their red carpet debut

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