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Singer Rihanna is officially a billionaire

According to Forbes magazine, she is now the richest woman musician in the world, but music is not her primary source of wealth.

Popstar Rihanna’s net worth is estimated at $1.7 billion, making her the richest woman musician in the world, but her music is not the primary source of her wealth.

The Barbados-born singer, whose birth name is Robyn Fenty, derives an estimated $1.4 billion of her fortune from her 50% stake in the Fenty Beauty cosmetics line

The rest of Rihanna’s wealth comes from her share of the Savage x Fenty lingerie company and her income as a singer and actress.

Rihanna’s beauty company, of which LVMH owns the other half, is known for its broad range of 50 skin tones, including dark shades for women of color, which were rare when it launched in 2017. This made it a leader in inclusivity in the industry.

The singer of ‘Umbrella’ and ‘Love the Way You Lie’ ranks second behind Oprah as the richest female entertainer.

Gohar Imdad
Written By

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