September 19, 2021
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Rihanna Officially Becomes Self-made Billionaire, World’s Wealthiest Female Musician

Rihanna becomes Billionaire, World’s Wealthiest Female Musician

Officially Becomes Self-made Billionaire, World’s Wealthiest Female Musician

Barbadian Singer, actress, and entrepreneur has put in a lot of  “work” and now she’s a self-made billionaire.

Forbes estimates the winner’s worth is now $1.7 billion, making the wealthiest female musician in the world and second to Oprah as the richest entertainer.

Riri is for hits like “Work,” “Umbrella” and “We Found Love,” and starring in high-budget films like “Ocean’s 8,” she is also a fashion icon.

When Robyn Fenty, known to the world as Rihanna, launched Fenty Beauty in 2017, she sought to create a cosmetics company that made “women everywhere (feel) included.” A perhaps unintended consequence: The beauty line has helped enter one of the world’s most exclusive ranks: Billionaire.

is now worth $1.7 billion, Forbes estimates—making the wealthiest female musician in the world and second only to Oprah Winfrey as the richest female entertainer. But it’s not music that’s made so wealthy. The bulk of fortune (an estimated $1.4 billion) comes from the value of Fenty Beauty, of which Forbes can now confirm she owns 50%. Much of the rest lies in stake in lingerie company, Savage x Fenty, worth an estimated $270 million, and earnings from career as a chart-topping musician and actress.

While Barbados-born isn’t the only celebrity to capitalize on social media presence —she has 101 million followers on Instagram and 102.5 million on Twitter—to build a beauty brand, she is the most successful beauty entrepreneur to do so. Tap the link in bio for more on the new billionaire. #SelfMadeWomen (?: Viktor Miller-Gausa for Forbes)

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