Rihanna is now the richest female musician on the planet, and most of her net worth does not come from chart-topping singles.
According to Forbes, RiRi joined the billionaire’s club and boasts a reported net worth of $1.7 billion. An estimated $1.4 billion comes from Rihanna’s lucrative Fenty Beauty line, of which Forbes confirmed she owns 50 percent of in a split deal with powerful fashion house LVMH.
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Rihanna – real name Robyn Fenty – launched Fenty Beauty in 2017 with a dream to create a cosmetics company that made “women everywhere included”. She opened the brand in a 50-50 partnership with the French luxury conglomerate LVMH. Forbes magazine estimates that the company is now worth “a conservative $2.8bn”. Her stake in Fenty Beauty, combined with a 30% stake in the lingerie line Savage X Fenty and money generated during her 16-year career as a recording artist, take Rihanna’s fortune to $1.7bn, according to Forbes. That makes her the second wealthiest female entertainer on the planet after Oprah Winfrey, who is sitting on a fortune estimated at $2.7bn.