From Expensive Yachts to Rare Jewels: Here’s How Rihanna Spends Her $600 Million Fortune
According to Forbes, Rihanna now hails as the wealthiest female musician in the world. Her staggering $600 million fortune today is a sharp contrast to her humble childhood. It also shows how the singer worked hard to raise herself from poverty and attain the fame and wealth she now enjoys.
While Rihanna still makes sure to spend her fortune responsibly, she also doesn’t hold back from splurging every once in a while. Let’s unveil Rihanna’s lavish lifestyle and how she spends her vast wealth today.
Before Rihanna got the stardom and fame she enjoys today, the singer reveals she was born and brought up in a poor family that couldn’t afford anything. Rihanna remembers how she had to save her allowance for a whole school year just to buy herself a pair of Timberlands.
Despite the financial hardships she experienced in childhood, Rihana says that her struggles helped her develop a hustler mentality and taught her how to handle her finances.
Besides making music, Rihanna is a sound businesswoman who knows how to invest her earnings from music wisely. The multi-millionaire has made a fortune from selling millions of albums but most of her earnings come from partnerships and brand deals. Aside from that, the singer also has her own makeup line and a brand new fashion house under LMVH.
Aside from investing her money into various lucrative ventures, Rihanna says she also prioritizes on giving back to the community. Rihanna actively supports charity works and organizations that are close to her heart. In 2017, she also endorsed Harvard’s Humanitarian Initiative and encouraged her fans to support the cause as well.
With a vast fortune from her music and business ventures like Fenty Beauty, Rihanna can live comfortably for the rest of her life. In fact, the singer can buy anything her heart desires — even an entire apartment building in one of the most expensive neighborhoods of LA, which is exactly what she did. In 2014, Rihanna spent an astounding $5.45 million to purchase a condo with three bedrooms and four bathrooms in Los Angeles.
Two years later, Rihanna bought another condo in Wilshire Corridor, Los Angeles. The singer reportedly paid a whopping $925,000 for the real estate property.
Business and Pleasure
When Rihanna’s not on tour, she’s relaxing on her chartered yachts or vacationing in exotic destinations. In 2011, Rihanna was spotted taking a cruise on one of the most luxurious vessels ever built, French Rivera. According to sources, the singer paid $300,000 to have it rented for a week. In 2014, Rihanna also rented Cote d’Azur for 14 days.
Rihanna is also quite generous when it comes to spending on her friends and family. She reportedly burned through $8,000 in a single night while out partying in a club in Miami. The singer also spent $17,000 in Houston when she had a night out with the famous rapper, Drake.
Before launching her own beauty and skincare line, Rihanna invested heavily in her appearance. The musician has an army of facialists and makeup artists who earn up to $2,500 per session from her. With that kind of pay, who wouldn’t want to work for Rihanna?
Some of her beauty rituals include contour tanning that can go up to $4,000 whereas her skin treatments can cost up to $7,600 per month.
More in Bank Stories
From Rags to Riches: Billionaire Kim Pegula’s Inspiring Story Will Bring You to Tears
How many “from rags to riches” stories have you heard this far into your life? Such tales remind us that no...August 14, 2019
Don’t Mess with George Clooney! Actor’s Impersonator Who Stole Millions Now Behind Bars
Being so popular that people all around the globe recognize you sounds like the absolute dream. Hollywood fame is quite the phenomenon,...August 13, 2019
A Saudi Prince Just Spent a Staggering $52 Million on This Mega-Mansion!
There’s no doubt that California has become a popular state among the powerful and affluential who’re pouring millions into homes many would die for....August 13, 2019
These Celebrities Show That You Can Be Successful in YOUR Businesses Too
Stardom is oftentimes associated with glitter and gold. Although this may be true to some extent, celebrities are well aware that...August 13, 2019
The Smart Investments Which Have Made Bill Gates a $100 Billion Man
Bill Gates belongs to the exclusive group of extremely rich people around the world thanks to the highly successful global company...August 13, 2019
Here’s Why Taylor Swift Has Become a Very Important Figure in the Tennessee LGBTQ Community
Taylor Swift, the legendary musician, is no stranger to controversies. However, we still cannot forget the fact that she is a...August 13, 2019
Wendy Williams Partners with New Foundation Following Her Devastating Split from Cheating Husband
Just like her marriage to Kevin Hunter, Wendy Williams’ charity organization, The Hunter Foundation, has also now been dissolved. Wendy Williams shocked...August 13, 2019
You Would Be Surprised to Know The Worth of Jay Leno’s Famous Car Collection
Many people know that Jay Leno, who is the well-known former host of The Tonight Show as well as a standup...August 13, 2019
All the Amazing Features That Make Blake Griffin’s House Worth the $11 Million Price Tag
Selling a house is a lot of work, especially if your house is priced at a whopping $10.995 million. Unfortunately, the...August 13, 2019