Rihanna now world’s richest female musician, thanks to Fenty Beauty

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rihanna

Rihanna is well on her way to becoming the next celebrity beauty billionaire.

According to Forbes, Rihanna is now the richest female musician in the world, with a fortune totaling in $600 million.

The 31-year-old – born Robyn Rihanna Fenty in Barbados – has amassed wealth exceeding that of Madonna (US$570 million), Celine Dion (US$450 million) and Beyonce (US$400 million).

Rihanna is estimated to own 15% of her beauty brand Fenty Beauty brand. It has reportedly raked in $570 million in sales since its launch in September 2017.  According to Fenty Beauty, the cosmetics brand is conservatively worth more than $3 billion.

Since bursting onto the music scene in 2003, she has spun her triumphs in music into entrepreneurial gold. She started to launch her makeup brand Fenty Beauty – co-owned by French luxury giant LVMH – in September 2017 online and with Sephora.

The line found success not least thanks to Rihanna’s fame both on and offline, with some US$570 million in revenue last year after just 15 months of business.

She makes the majority of her money from touring and musical releases, according to Forbes, but also co-owns her Savage X Fenty lingerie line

Either way, we all know Rihanna is bringing in the bread many ways. We love independent women!

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Featured Image Credit: NBC News

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