Connect with us

Entertainment

Rihanna’s a Billionaire and World’s Richest Female Musician, Forbes Says

Published

on

Pop superstar Rihanna poses in a pop-up store to present her first collection with LVMH for the new label, Fenty, which includes ready-to-wear and accessories, such as shoes, sunglasses and jewellery, Paris, France May 22, 2019. Picture taken May 22, 2019. REUTERS/Charles Platiau

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 color, which were rare when it launched in 2017. This made it a leader in inclusivity in the industry.

Advertisement

The singer of “Umbrella” and “Love the Way You Lie” ranks second behind Oprah as the richest female entertainer, Forbes said.


Kenya Insights allows guest blogging, if you want to be published on Kenya’s most authoritative and accurate blog, have an expose, news TIPS, story angles, human interest stories, drop us an email on [email protected] or via Telegram
Related Content:  Universal Music To Pull Songs Off TikTok
Advertisement
Advertisement

Facebook

Most Popular