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Thursday, 30 May 2013

Rihanna is Now The Highest-Paid Singer in the World

Rihanna
It’s been a rough year for the singer, but at least she has her millions of dollars to ease the pain. 25-year-old Rihanna has taken the No. 1 spot onPeople With Money’s top 10 highest-paid singers for 2013 with an estimated $82 million in combined earnings.....

Rihanna tops annual list of highest-paid singers
In 2010 it looked like the singer’s spectacular career was winding down. Suddenly, she was back on top.People With Money reports on Wednesday (May 29) that Rihanna is the highest-paid singer in the world, pulling in an astonishing $82 million between April 2012 and April 2013, a nearly $50 million lead over her closest competition.
People With Money’s factors
In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.
The Barbadian singer has an estimated net worth of $245 million. She owes her fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. She also owns several restaurants (the “Fat Rihanna Burger” chain) in Bridgetown, a Football Team (the “Saint Michael Angels”), has launched her own brand of Vodka (Pure Wonder Rihanna – Barbados), and is tackling the juniors market with a top-selling perfume (With Love from Rihanna) and a fashion line called “Rihanna Seduction”.
The ranking is significant for many Rihanna fans, who have been waiting for her triumphant return to the glory days for what seems like a lifetime.
Source: Mediamass

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