Rihanna Rakes in $40M, Sets Record With 1B Spotify Streams
After a seven-year hiatus from releasing albums, Rihanna, the self-made Fenty billionaire and Barbadian singer, has achieved an incredible feat, earning $40 million from recording 1 billion streams for each of her 10 songs on Spotify.
The 34-year-old singer, renowned for her hit “Halo,” didn’t hold back in celebrating her accomplishment. In a tweet, she proudly declared, “Bad gal bili.’ Wit no new album…lemme talk my sh*t,” accompanied by a winking emoji and the flag of Barbados. This remarkable achievement by the “Umbrella” singer is truly astounding, especially considering her last album, “Anti,” was released in 2016.
According to the Daily Mail, this monumental milestone follows Rihanna’s viral Super Bowl LVII halftime performance, during which the former Fenty CEO proudly showcased her baby belly, revealing her pregnancy with her second child.
“The estimate of $40 million for Rihanna’s achievement is based on the fact that Spotify reportedly pays an average of $0.003-$0.005 per stream,” as reported by Ditto Music, explains Nairametrics. Multiplying the average rate of $0.004 per stream by 1 billion streams for each song, Rihanna’s earnings for each track amount to $4 million. With 10 songs achieving this feat, her total estimated earnings sum up to $40 million.
Following the release of her sixth album in 2016, Rihanna ventured into the world of beauty by launching Fenty Beauty in 2017. Today, Fenty Beauty is widely recognized as one of the top makeup and skincare lines in the market.
In 2005, Rihanna made her career debut with “Music of the Sun,” but it was her 2007 album “Good Girl Gone Bad” that propelled her to widespread recognition. Her single “Umbrella” earned her the first Grammy award of her career. With an impressive collection of awards, including 9 Grammy Awards, 13 American Music Awards, 12 Billboard Music Awards, and 6 Guinness World Records, Rihanna became the first female solo artist to sell out 10 concerts at London’s O2 Arena.
Expanding her influence through Fenty, Rihanna was acknowledged as a self-made billionaire by Forbes in 2021, with a net worth of $1.7 billion. She currently holds the title of the second-richest musician in the world and the youngest self-made billionaire. The Fenty brand contributes significantly to her fortune, amounting to $1.4 billion, while the remaining portion comes from her stake in her lingerie company, valued at an estimated $270 million.
