Rihanna Becomes The World’s Wealthiest Female Musician With An Estimated Worth Of $1.7 Billion
#SelfMade: Superstar Rihanna has put in a lot of “work” and now the singer, actress, and fashion mogul is now a billionaire!
That’s right! Forbes published an article this Wednesday and estimated that the Grammy winner’s worth is now $1.7 billion, making her the wealthiest female musician in the world as well as second to Oprah as the richest entertainer.
Forbes editor Kerry Dolan explained to Good Morning America: “The majority of her $1.7 billion estimated net worth is not from singing but from cosmetics. From a super-successful cosmetics line which, when it was launched, drew lots of praise because there were something, like, more than 40 shades for all range of skin tones, which was something that at the time, not very many cosmetics lines had been that inclusive.”
The business site reports that an estimated $1.4 billion of Rihanna’s wealth comes straight from her cosmetics line. It was also noted that she owns 50% of the business while she also has a stake in her lingerie company, Savage X Fenty, which has an estimated worth of $270 million. Her music and acting credits make up the rest of her fortune.
Rihanna has yet to speak out on this amazing news but until then, join us in congratulating her in the comment box below!
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