Thanks to her partnership with LVMH, Fenty-owner Rihanna finds a spot on 'The Sunday Times' of London's Rich List 2020

By Malvika Mistry

on May 19, 2020

Pop sensation turned successful entrepreneur, Rihanna achieved new heights recently when she bagged a spot on Britain’s elite list. Yes, Riri has finally made a smashing debut on ‘The Sunday Times’ of London’s Rich List 2020.

Rihanna’s net worth is estimated to be around £468 million, making her grab the third spot on the coveted list as the richest musician in Britain. According to The Sunday Times, this achievement has a lot to do with the partnership of her brand Fenty with LVMH.

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The Sunday Times Rich List: “This is the first one that ran. I drove it secretly in a screened-off compound we have here,” says Sir James Dyson. It is 11am on an early spring day at Dyson’s new research centre in Wiltshire and Britain’s best-known innovator — and now Britain’s richest person — is showing off his most keenly anticipated invention. Keenly anticipated, that is, until he scrapped it. He calls it N526, but to you and me it’s the Dyson car. It’s the first time he has shown the seven-seater, electric SUV with a 600-mile range to anyone outside his firm — the picture, above, is the first to be published. It is also the first time he has confessed how devastated he is that it won’t take to the road. “There’s huge sadness and disappointment. Ours is a life of risk and of failure,” he says. “We try things and they fail. Life isn’t easy.” To read more visit the link in our bio

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The leading publication estimates Fenty to have a fortune worth $3 billion and Riri owns about 15 percent of its stakes, making her net-worth around $351.6. The other fortune comes from her music ventures and her brand’s lingerie collection- Savage x Fenty and beauty line- Fenty Beauty, fueling her growth furthermore.

While Rihanna made the cut on this prestigious list, LVMH’s CEO Bernard Arnault didn’t. Although, his family bagged the fifth spot on another publication’s rankings with a fortune of £59.4 billion on him.