Rihanna Is Now Officially A Billionaire

How the singer turned the richest woman musician on the earth. Hint: It wasn’t from undertaking.

by Madeline Berg


When Robyn Fenty, recognised to the entire world as Rihanna, released Fenty Beauty in 2017, she sought to produce a cosmetics organization that produced “women all over the place (come to feel) incorporated.” A potentially unintended consequence: The natural beauty line has helped her enter a single of the world’s most unique ranks: Billionaire.

Rihanna is now truly worth $1.7 billion, Forbes estimates—making her the wealthiest feminine musician in the planet and second only to Oprah Winfrey as the richest woman entertainer. But it’s not her audio that’s produced her so wealthy. The bulk of her fortune (an approximated $1.4 billion) comes from the price of Fenty Beauty, of which Forbes can now ensure she owns 50%. A great deal of the rest lies in her stake in her lingerie company, Savage x Fenty, really worth an believed $270 million, and her earnings from her job as a chart-topping musician and actress.

Although Barbados-born Rihanna is not the only celebrity to capitalize on her social media presence—she has 101 million followers on Instagram and 102.5 million on Twitter—to create a natural beauty brand, she is the most effective beauty entrepreneur to do so. Fenty Beauty, which is a 50-50 joint venture with French luxury goods conglomerate LVMH (run by Bernard Arnault, the world’s second-richest person), launched in 2017 with the objective of inclusivity. Its products appear in a varied