In 2019, “work, work, work, work, work” saw her hop across the pond to be closer to the Fenty team, which is based in France and Italy. When she signed her first deal with Def Jam, she relocated to the US, initially living with her producer Evan Rogers and his wife. As Rich Dad Poor Dad author Robert Kiyosaki says: “The richest people in the world look for and build networks everyone else looks for work.” Go where the money is They can alert you to unadvertised job opportunities, serve as career mentors, introduce you to business partners, or even just buy that e-book you wrote.
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But friends and fans – online and offline – can open doors for you in other ways. The takeaway: Not everyone needs someone to invest in them. Suvo Sarkar, head of retail banking and wealth management at Emirates NBD He signed her to a six-album deal in 2005. Jay-Z had believed in Rihanna since, aged 15, she first auditioned at Def Jam Recordings, where he was chief executive. In 2011, she also launched her first perfume, Reb’l Fleur, following a deal that rapper and businessman Jay-Z struck with Parlux Fragrances. Find people who believe in youĪfter the success of her breakthrough third album Good Girl Gone Bad in 2007, which sold more than 10 million copies, Rihanna became the face for numerous fashion brands, endorsing CoverGirl, Gucci and Dior – with whom she put out a line of sunglasses. “Adopting good financial habits at an early age is among the building blocks of long-term financial wellness,” said Suvo Sarkar, senior executive vice president and head of retail banking and wealth management at Emirates NBD. In June, nearly 300 grade 11 and 12 students across 10 schools and universities were given basic lessons about money over a week-long web series, as part of a programme run by the Kids Finance Initiative and Emirates NBD. That’s why Dubai schools are now running financial literacy programmes. The takeaway: Earning money early on teaches you its value and demonstrates how work and money are connected. She also helped her father sell clothes on a street stall. More millionaires created during Covid-19 pandemic than ever beforeīeing “kind of like the second mum” to her siblings forced her to grow up quickly, she once told The Guardian. Her father’s struggles with drug addiction meant her mother supported the family by working various jobs, and young Rihanna was often left in charge of her younger brothers. However, her independent streak predates those years. Rihanna formed a girl group with two of her classmates in her early teen years and released her first album at the age of 17. Learn about money early onĪs in life, the early bird gets the proverbial worm in finance. Here are five ways you can channel Rihanna’s financial success to improve your own personal finances. But it is her actions along the way that built her fortune.
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The labels aim to be inclusive across skin tone, gender and body shape – a brand attribute that also makes for extremely good business.Īn astute businesswoman, Rihanna is the daughter of accountant Monica Braithwaite and no doubt learnt money lessons as a child. The company is reportedly worth $2.4bn.Īn additional estimated $270 million comes from her 30 per cent stake in lingerie label Savage X Fenty, now valued at about $1bn.
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Her 2006 album, A Girl Like Me, became her first to crack the Top 10, peaking at No. 1 hit was 2006's "SOS," which sampled "Tainted Love" by Soft Cell. So sometimes the toughest thing in life is to be vulnerable." It didn't happen after fame I couldn't survive fame if I didn't already have it. "This thick skin has been developing since my first day at school.