Rihanna is officially a billionaire, Forbes says

Rihanna is officially a billionaire, Forbes says?

Rihanna is officially a billionaire, and also the wealthiest female musician in the world.


According to Forbes, Rihanna is now worth $1.7 billion (£1.2 billion), primarily thanks to the value of her industry-shaking cosmetics brand Fenty Beauty, which is estimated to be worth $1.4 billion.


Rihanna has also earned the rest of her fortune from her lingerie company, Savage x Fenty, which is reportedly valued at $270m (£193m), and from her earnings as a musician and actor.


Fenty Beauty was reportedly racking in $550 million during its first calendar year in 2018, beating out other celebrity lines like Kylie Jenner’s Kylie Cosmetics and Kim Kardashian West’s KKW Beauty.


Rihanna’s Savage x Fenty line has also proven to be a success, raising $115 million in funding this past February at a $1 billion valuation.


The mogul’s fortune comes five years since Rihanna released an album, and despite fans endlessly calling on the singer to release new music.


Please enter your comment!
Please enter your name here