Rihanna Becomes ‘Wealthiest’ Musician But Not With Music
The net worth of the Barbadian singer has reached $1.7 billion (£1.2 billion), with an estimated $1.4 billion coming from her cosmetic venture
Robyn Rihanna Fenty, popularly known as Rihanna, has taken the internet by storm after a Forbes survey declared her as the wealthiest female musician in the world.
The net worth of the Barbadian singer has reached $1.7 billion (£1.2 billion), with an estimated $1.4 billion coming from her cosmetic venture.
The rest of her fortune mostly comes from a lingerie company, Savage x Fenty, worth an estimated $270 million.
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The singer-turned-businesswoman is second in the ranking as Oprah Winfrey wears the crown of being the world’s richest female entertainer.
Rihanna is now a billionaire https://t.co/qvKymsYDWK #SelfMadeWomen pic.twitter.com/j9vWRQ5yoZ
— Forbes (@Forbes) August 4, 2021
Becoming the richest female musician in the world, the pop mogul has so far bagged four Grammy’s and sold more than 250 million records.
Although not all her business ventures have paid her off, however, Fenty Beauty that Rihanna launched in 2017 in collaboration with luxury goods company LVMH has been a successful hit.
The most successful beauty entrepreneur started her journey in this sector as she wanted to establish a cosmetics company that ensured women everywhere are treated and looked at equally.
The product line caters to a diverse range of skin tones through 50 foundation shades for women.
Interestingly, the line brought in more than $550 million in annual revenue in its first year.
Apart from her business journey, Rihanna debuted in the music industry in May 2005 with her single Pon de Replay.
