Rihanna has added another win to her numerous achievements as she is officially the richest female musician in the UK.
Forming part of their annual rich list, the Sunday Times has released the richest people living in the country who are musicians and the singer debuted at No. 3 overall, under Andrew Lloyd Webber and Paul McCartney. The songstress has an estimated fortune of £468m, which is just under $571 million. She is also the only solo female musician in the top 20.
The Barbadian native Rihanna, now lives in London, so that means she qualifies for the list. Experts are suggesting the ‘Umbrella’ singer could be on the path to become the first female billionaire musician in the UK, if she decides to remain in the capital.
The 32-year-old’s wealth has been attributed to the success of Fenty Cosmetics (which is valued at $3bn), her history-making partnership with LVMH to launch the clothing line arm of her business, her Savage X Fenty lingerie line and her back catalogue of eight hit albums.
Robert Watts, the compiler of the Sunday Times rich list, says Rih represents the “seismic change” that has taken place for self-made people.
“If you look through the yellowing pages of the first list in 1989, it looks like a rogues’ gallery of middle-aged and elderly white men,” he said. “It was earls, dukes and figures from manufacturing and finance. Now, money is being made in different ways and by all sorts of different people – like Rihanna.”
Although Rih has become very successful, she always gives back as she has been saving the world during COVID-19. Her Clara Lionel Foundation has donated over $20 million in funds to over 30 organizations in 15 countries.
See the Sunday Times rich list for musicians 2020 below:
Lord Lloyd-Webber £800m (Down £20m)
Sir Paul McCartney £800m (Up£50m)
Sir Elton John £360m (Up £40m)
Sir Mick Jagger £285m (Up £10m)
Olivia and Dhani Harrison £270m (Up £20m)
Keith Richards £270m (Up £10m)
Sir Ringo Starr £260m (Up £20m)
Michael Flatley £206m (Up £2m)
Ed Sheeran £200m (Up £40m)
Sir Rod Stewart £200m (Up £10m)
Brian May £190m (Up £30m)
Roger Waters £190m
Robbie Williams £185m (Up £10m)
Calvin Harris £180m (Up £15m)
Eric Clapton £175m
Sir Tom Jones £170m (Up £5m)
Roger Taylor £170m (Up £15m)
Charlie Watts £165m (Up £10m)