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Singer Rihanna is officially a billionaire

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.
05 Aug, 2021

Pop star 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, Forbes magazine said on Wednesday.

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, Forbes reported.

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, the magazine said.

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 colour, 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, Forbes said.

Comments

Tadka Aug 05, 2021 10:41am
but music is not her primary source of wealth. Indians know that before hand
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Tadka Aug 05, 2021 10:42am
“Why aren’t we talking about this?!” LOL
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Chrís Dăn Aug 05, 2021 01:06pm
A self made woman achiever. Bravo.
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Harry Jam Aug 05, 2021 04:05pm
@Chrís Dăn Nope self made, Jay-Z made. He literally picked her up from a club and brought her to the U.S.
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Dr. Salaria, Aamir Ahmad Aug 05, 2021 05:54pm
Welcome to the billionaire club and the clubhouse. As always, keep it up and hang on tough.
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