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It Is Official – Rihanna Is A Billionaire

rihanna net worth

Kanye West, Jay Z, and now Rihanna… the music industry is steadily turning more and more of its stars into billionaires.

In Forbe’s latest ranking of the industry’s richest stars, Rihanna made her debut as a billionaire. Like others before her, Rihanna owes her upgraded wealth status not to direct music sales but to her ability to leverage star power into savvy business decisions.

Rihanna’s net worth now stands at a whopping $1.7 billion, making her not only the richest musician in the world but the richest person in her native Barbados. Kanye West clocked in at $2 billion making him the richest rapper, seconded by Jay Z with $1.4 billion.

Rihanna’s billionaire status was confirmed back in August 2021 by the wealth evaluation magazine which attributed the bulk of her wealth to beauty and lingerie businesses.

In case you’ve been hiding under a rock, Rihanna is the co-owner of Fenty Beauty, a luxury beauty and cosmetic brand that raked in a staggering $550 million in revenue for the year 2020. She co-owns the brand with LVMH otherwise known as Louis Vuitton.

Read Also: Grammy Awards 2022 Full Winners List

Then there is the lingerie business where the pop star owns a 30% stake. Savage x Fenty Lingerie line was valued at $1 billion in early 2021 after receiving $115 million in a series B funding.

Rihanna is humbled by Forbes’s revelation and has expressed how surreal she has felt about it all.

“It’s tricky because it’s hard to even accept that’s where you’re at because I know where I’ve come from. 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,” the expecting mom said.

In Forbes’s latest ranking of the world’s billionaires, Elon Musk shines top of the list with a jaw-dropping net worth of $219billion.

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Celebs

Davido gifts personal assistant Lati Range Rover as birthday gift

Davido

Afrobeats superstar Davido has once again shown love to those in his inner circle by gifting his longtime personal assistant and close friend, Lati Biola, a brand-new Range Rover as a birthday present.

The heartwarming gesture comes as no surprise to fans familiar with the duo’s long-standing friendship, which dates back to Davido’s childhood. Lati, who served as Davido’s best man during the singer’s high-profile wedding to Chioma in June 2024, has remained a constant in the artist’s journey, both professionally and personally.

In the early hours of June 25, 2025, Davido took to Instagram to celebrate his best bud, tagging him as his ‘favourite person’ and posting pictures from the birthday dinner and clubbing. He also posted the keys to the luxury vehicle with the caption, “Love you my brother, enjoy new keys from your boy.”

It is worth noting that this is far from the first time Davido has gifted Lati a car. In 2019, Lati revealed that the singer was so generous that he gifted him a new red Benz worth ₦70 million.

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Entertainment

Tems shows appreciation with ₦3 Million gift to fan who crocheted her portrait

Nigerian singer and Grammy Award winner Tems has gifted ₦3 million to a fan who spent over 70 hours crocheting a stunning tapestry portrait of her.

The fan, identified as Odum Ifeoluwa on X (formerly Twitter), shared her handmade creation online, hoping the singer would see it. The video posted showed the time-lapse creation process of the black and white piece, which came out looking just like the Essence singer.

She wrote on X, “I hope @temsbaby gets to see this coz I don’t have many followers on here, but after 8925 Stitches and 70 hours, I finished this crochet portrait of tems, I made this to mark the 1yr anniversary of when I started crocheting. It’s also my first time doing tapestry. I love you, Tems.”

The tapestry garnered reactions from X users who commended the young woman for her creativity, and in time, Tems herself stumbled across her hard work and was immediately amazed.

Yo this is unbelievable. You are incredible! I NEED IT RIGHT NOWWW. Can I buy it, please? “ Tems commented.

Shortly after the interaction, it was revealed that Tems sent ₦3 million in appreciation for the artwork.

Overwhelmed with emotion, the fan replied, “OMG😭 this has to be the best day of my life. @temsbaby. Thank you so much. @yvonneonyanta you’re are amazing. The rebel gang is the best community ever, thank you to everyone for your positive comments. Thank you so much🙏”

Social media users praised Tems for her kind gesture, and others commended the businesswoman’s talent and gratitude.

Reactions:

Tems is such a nice person, some celebrities would have ignored. Congratulations to the crochet girl, her hard work paid off.

That’s how you help a small scale business strive. Big ups to Tems!

The girl’s emotional intelligence should be studied, no price tag, just gratitude and she received way more than she expected.

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Entertainment

Tinubu, you are incapable – Falz slams president over Benue killings

Nigerian rapper and activist, Falz, has condemned President Bola Tinubu over the recent mass killings in Benue State, accusing him of failing in his most fundamental responsibility as a leader.

In a strongly worded post shared on X on June 16, 2025, the rapper expressed deep frustration at what he described as a repeated pattern of government negligence amid growing insecurity across the country.

You have consistently shown that you are incapable of performing the primary duty of securing the lives and property of your citizens. This routine statement does not cut it.

Falz’s comments come in the wake of public outrage over the massacre of more than 200 people in parts of Benue State. The killings, which have been linked to suspected herdsmen attacks, have drawn widespread condemnation from Nigerians and prominent voices in entertainment.

After being called out online for what many people perceived as his silence on the matter, President Tinubu took to X to address the massacre, saying “Enough is enough.”

His statement read in part,

“I have been briefed on the senseless bloodletting in Benue State. Enough is enough! I have directed the security agencies to act decisively, arrest perpetrators of these evil acts on all sides of the conflict, and prosecute them.”

Political and community leaders in Benue State must act responsibly and avoid inflammatory utterances that could further increase tensions and killings.This is the time for Governor Alia to act as a statesman and immediately lead the process of dialogue and reconciliation that will bring peace to Benue.

Our people must live in peace, and it is possible when leaders across the divides work together in harmony and differences are identified and addressed with fairness, openness, and justice.

Despite finally addressing the bloodshed, many Nigerians have still faulted Tinubu for not speaking on it early enough, especially after the Pope.

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