WITH SUCH GOOD BUSINESS, WHY DID RIHANNA ACCEPT TO PUT ASIDE HER TOP MUSIC CAREER?

From the female singer known for hits like “Umbrella”, “Rude Boy”, “The Monster”, “Work ”,… The name Rihanna is now often associated with new beauty product lines, collections, countless business plans, most notably the brand cosmetics Fenty Beauty, and lingerie brand Savage X Beauty. IThe female singer was even recently named by Forbes magazine as one of the richest self-made women in America and the highest-earning female singer in the world.< /span>

With a huge fortune in hand, it is easy to understand why Rihanna decided to freeze her singing career at its peak.

Put aside your top music career

In 2005, Rihanna began her career with her debut album titled “Music of the Sun“; In particular, the vibrant pop song “Pon de Replay” quickly rose to No. 2 on both the Official Singles Chart and Billboard Hot charts. 100, opening up a smooth musical path for the singer who had just turned 17 years old at that time.

Less than 3 months after her debut album, the female singer soon embarked on a new album titled “A Girl Like Me”. “SOS” –  the opening track of the album maintained the top position on the Billboard Hot 100 chart for 3 consecutive weeks in the US and remained at the top for 8 consecutive weeks in the European and Australian charts.

It’s been three years since Rihanna caused a stir with her hit “Work”.

Since then, Rihanna has continuously released hits, with a total of 14 songs reaching number one in the US and selling more than 250 million records globally. Up to now, after 3 years, the female singer has not released any new music products, but the old songs that brought Rihanna’s name to the top like “Umbrella ” (2007), “Rude Boy” (2010), “DiamondsWork” (2016),… is still highly sought after by fans on online music sites. ” (2013), “The Monster” (2012), “

At the beginning of her music career, the 17-year-old female singer once affirmed that she did not want temporary fame but aspired to become an artist with great success. However, after winning 9 Grammy Awards, 13 American Music Awards, 12 Billboard Music Awards, and 6 Guinness Records, Rihanna temporarily put aside her artistic career to turn to business, despite abandoning her controversial singing career. So many regrets.

Create a fashion and beauty empire named after yourself

According to statistics recently published by Forbes magazine, Rihanna officially became the richest female musician in the world with an estimated net worth of about 600 million dollars (equivalent to more than 14 trillion VND).

To hold the position of richest female singer in the world, Rihanna surpassed Madonna (worth estimated at $570 million), Celine Dion ($450 million) and Beyoncé ($400 million).

Taking advantage of fame from his singing career, after achieving success thanks to collaborating with brands such as Emporio Armani and Armani Jeans (2011), PUMA (2014), Stance Socks (2015), Dior (2015), Manolo Blahnik (2016), Rihanna boldly spent money on her own brand called Fenty Beauty produced through luxury group LVMH (Moët Hennessy Louis Vuitton).

Forbes confirms that most of her wealth comes from her collaboration with luxury fashion group LVMH rather than her singing career. The report shows that Fenty Beauty achieved $100 million in revenue in just the first few weeks of launch, mainly thanks to Rihanna’s popularity with 71 million followers on Instagram. After 15 months of business, the brand reached $570 million.

The voice of “Work” launches a beauty brand at a time when personal care and beauty care are gaining attention. Top idea, Forbes predicts Fenty Beauty will reach $200 billion in revenue by 2025. Also according to the magazine, 11 out of 80 women on Forbes’ list of “America’s Richest Self-Made Women” are Make money based on beauty and skin care products. Similar to Rihanna and Kylie Jenner, many celebrities promote products thanks to their name and media appeal.

After winning 9 Grammy Awards, 13 American Music Awards, 12 Billboard Music Awards, and 6 Guinness Records, Rihanna put aside her music career to focus on business and continued to succeed.

Besides the beauty brand, the 31-year-old singer’s income sources are very diverse. Rihanna also launched the Savage X Fenty lingerie line, and continued to enter into an agreement with LVMH to create a new fashion brand owned by her. After beauty and lingerie products, the R&B star will attack the clothing, footwear, and jewelry markets. In addition, with the release of the first Fenty collection, the female singer’s total assets will increase sharply. Temporarily leaving her passion for music to turn to business, Rihanna did not forget her desire to “become an artist with great success”.

Recently, fans can’t help but be shocked and excited by the news that the singer “Work” is working on an album. 9th studio after a long period of freezing his music career. The beauty even rented an entire island in England for 20,000 USD/day (equivalent to 466 million VND/day) to record songs in the new album.

Thus, a solid financial income from the business becomes the foundation for Rihanna to invest more heavily and freely in music. The 31-year-old singer no longer has financial pressure or the effort of “chasing after the audience”, so she can create a completely dedicated product, bearing her own mark and satisfying her own musical passion. me.