Rihanna 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. One surprise addition to the list is Barbadian native Rihanna, who lives in London, meaning she qualifies, with experts 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 Umbrella singer was ranked third on the list, thanks to an estimated wealth of £468m in 2020. Though she is third on the list of musicians (following Sir Andrew Lloyd Webber and Sir Paul McCartney, who both have individual wealths of £800m) she is the only solo female musician in the top 20.
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.
Still only 32, if Rihanna remains based in the UK she could well pip Sir Paul McCartney and Lord Lloyd-Webber to be The Sunday Times Rich List’s first billionaire musician,’ said Robert Watts, the compiler of this year’s list.
Rihanna is first thought to have moved to London at the start of 2019, to focus on her emerging clothing brand Fenty. Last year, fans went wild when they noticed a reusable bag from Sainsbury’s in the background of a picture on her Instagram Story.
Millions or not, she shops just like the rest of us it seems.
For a look at the rest of the Sunday Times rich list for musicians 2020, see below:
Lord Lloyd-Webber £800m (Down £20m)
Sir Paul McCartney £800m (Up£50m)
Rihanna £468m
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)
Sting £200m
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)