Entertainment

Forbes Name Rihanna The Richest Female Musician In The World

American singer Robyn Fenty, better known as Rihanna has been declared a billionaire by American business magazine, Forbes. According to the magazine, Rihanna attained the feat due to a cosmetic company, Fenty Beauty, which she launched in 2017.

Rihanna is now the wealthiest female musician in the world, with a worth of $1.7 billion. She comes second to Oprah Winfrey who is the richest female entertainer in the world The singer, owns 50 per cent of Fenty Beauty which produced an estimated $1.4 billion of her wealth.

According to Forbes, Rihanna is currently the wealthiest female musician in the world and follows only the popular TV host, Oprah Winifred in terms of riches.

According to Forbes:

“The bulk of her 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 her stake in her lingerie company, Savage x Fenty, worth an estimated $270 million, and her earnings from her career as a chart-topping musician and actress.”

Fenty Beauty was established in 2017 in partnership with Bernard Arnault considered as the second richest man in the world.

Apart from her cosmetic company, Rihanna is also is known for her lingerie and perfume lines which also generates stupendous income for her.

Tags: rihanna

Recent Posts

Adesua Etomi Opens Up On 2024’s Battles as She Celebrates Birthday in Praise

Multi-award-winning Nollywood actress, Adesua Etomi, has described 2024 as an emotionally and physically draining year while marking her birthday in… Read More

8 hours ago

Comedian Sabinus Wife Bags Masters Degree

Congratulations are pouring in for Ciana Chapman, Sabinus' wife, as she completes her master’s degree in International Business. This news… Read More

10 hours ago

Australia Updates Second Working Holiday Visa Rules, Offering 12 Month Extension For Eligible Travelers

Australia has updated the rules for the Second Working Holiday Visa (Subclass 417), allowing travelers to extend their stay for… Read More

10 hours ago

“I work for every penny I get” – Diva Gold

Diva Gold, an actress and skit maker, disagrees with the belief that women find things easier than men. In an… Read More

11 hours ago

Man Recounts His Experience With Police Officer Disguised As Okada Rider In Ilorin

A Nigerian man recounted how he accidentally got on a motorcycle operated by a police officer disguised as an okada… Read More

11 hours ago

Toyin Abraham Emotional As She Prays For TTC Mothers

Toyin Abraham has demonstrated her caring nature by sending prayers to women who are trying to conceive. In an Instagram… Read More

11 hours ago

This website uses cookies.