Rihanna rockets on to Sunday Times Rich List


Rihanna has made her debut appearance on The Sunday Times Rich List, with an estimated fortune of £468 million.

The Bajan pop star, who now resides in London, overtakes Sirs Elton John and Mick Jagger to claim third place on the list of Britain’s richest musicians.

Andrew Lloyd Webber and Paul McCartney are joint first on the list, with fortunes of £800m apiece.

Rihanna’s earnings are largely due to the Fenty Beauty cosmetics brand, where her reported 15% stake is worth £351m.

“She somewhat caught us by surprise,” says Robert Watts, who compiles The Sunday Times’ annual list.

“Very few people knew she was living in the UK until last summer. Now she’s well placed to be the first musician to reach billionaire status in the UK,” he tells the BBC.

Coronavirus impact

Rihanna, who turned 32 in February, is a youthful exception amongst Britain’s richest musicians, most of whom found fame in the 1960s and 70s.

Amongst the top 40 highest-earners, only Ed Sheeran and Adele are younger, with fortunes of £200m and £150m respectively.

Further down the list, there are new entries for the next generation of pop stars, with Dua Lipa, 24, and George Ezra, 26, each said to be worth £16m.

Richest Musicians in Britain

Name2020 wealthChange
1= Lord Lloyd-Webber£800mDown £20m
1= Sir Paul McCartney£800mUp £50m
3 Rihanna£468mNew
4 Sir Elton John£360mUp £40m
5 Sir Mick Jagger£285mUp £10m
6= Olivia and Dhani Harrison£270mUp £20m
6= Keith Richards£270mUp £10m
8 Sir Ringo Starr£260mUp £20m
9 Michael Flatley£206mUp £2m
10= Ed Sheeran£200mUp £40m
10= Sir Rod Stewart£200mUp £10m
10= Sting£200mNo change

Although Rihanna made her name in music, she hasn’t released an album since 2016’s Anti, instead concentrating on her fashion empire.

Fenty Beauty launched in September 2017, and was designed to cater to a wider range of skin types and tones than typical cosmetic brands.

Thanks to the star’s endorsement, and her 82 million Instagram followers, it was an immediate success, racking up sales of £78m in its first few weeks. The company is now valued at $3bn (£2.4bn).

Rihanna also has a lingerie line, Savage X Fenty, and continues to receive royalties from hit songs like SOS, Umbrella and Only Girl In The World.

Her £468m fortune makes her the richest female musician not just in the UK, but the world – ahead of Madonna (£462m), Celine Dion (£365m) and Beyoncé (£325m).


About Author

Comments are closed.