Forming part of their annual rich list, the Sunday Times has released the richest people living in the country who are musicians.
Rihanna the Barbadian native who lives in London is the only surprise addition to the list meaning she qualifies, with experts suggesting the ‘Umbrella’ singer could be on the path to become the first female billionaire musician in the UK, only 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 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, Rihanna could well pip Sir Paul McCartney and Lord Lloyd-Webber if she remains based in the UK
to be The Sunday Times Rich List’s first billionaire musician, according to 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.