Yes, you heard right RIHANNA became the richest musician in the world. The world-famous singer topped the list as the richest female musician with her net worth.
Rihanna is now a dollar billionaire: She became the richest female musician in the world and suddenly became the most talked about name on the agenda.
With Rihanna entering the billionaires list, she is now at a different summit.
Forbes magazine officially declares Rihanna a billionaire
Barbadian singer Rihanna, who has taken the fashion and cosmetics world by storm with her Fenty Beauty brand, has increased her fortune to $ 1.7 billion. Rihanna became the richest female musician in the world.
Barbadian singer Rihanna, who has been taking a long break from the music world, has officially reached the title of billionaire. The 33-year-old singer has increased her fortune to $1.7 billion, according to Forbes magazine’s billionaire list assessment.
With this increase, Rihanna became the richest female musician in the world. However, most of this income of the famous singer did not come from music, but from companies operating in the fashion and cosmetics sector.
The news announced by Forbes magazine offers us the value of Rihanna’s incredible wealth. Forbes published a detailed article about rihanna and informed us that she is a top name.
She’s a Billionaire: Rihanna
World-famous singer Rihanna, whose real name is Robyn Fenty, has been officially declared a billionaire by Forbes magazine.
The Barbadian singer, who achieved success in the beauty world after music with the Fenty Beauty brand she founded in 2017, is now in the billionaires club.
According to Forbes magazine, 33-year-old Rihanna, with a fortune of $ 1.7 billion, is the richest female star in the entertainment world after Oprah Winfrey, the richest female musician and television personality in the world.
Rihanna owes the source of her wealth not only to music. $1.4 billion of her fortune came from the Fenty Beauty brand, in which she now owns a 50 percent stake. Rihanna made the rest of her fortune from her lingerie brand Savage x Fenty and, of course, from her music and acting careers.
Rihanna sold half of her Fenty Beauty brand to LVMH, owned by Bernard Arnault, the second richest person in the world. In 2018, the brand generated revenue of $550 million.
LVMH company bought shares in brands of other celebrities besides Rihanna. LVMH also serves as the umbrella company for Kylie Jenner’s Kylie Cosmetics, Kim Kardashian’s KKW Beauty and Jessica Alba’s Honest Company.
Rihanna is now worth $1.7 billion
Rihanna Net Worth: $1.7 Billion
Forbes estimates that Rihanna is currently worth $1.7 billion, placing her second only to Oprah Winfrey as the world’s richest female musician and richest female entertainer.
Rihanna is a Barbados-conceived vocalist, musician, entertainer and business visionary. As of August 2021, Rihanna’s total assets is $1.7 billion.
Robin Rihanna Fenty is currently a very rich person. The multi-gifted craftsman is valued at $1.7 billion, Forbes reports, making her the second most affluent female performer, after Oprah, and the most extravagant female artist on the planet.
The Value of Fenty Beauty
According to Forbes, Fenty Beauty has a monetary value of $2.8 billion. Fenty Beauty isn’t the only brand of Rihanna with a billion-dollar valuation. Underwear brand Savage X Fenty has also increased its value from $115 million to $1 billion. Rihanna sold 70 percent of the brand she founded in 2018.
Rihanna, who has 103 million Twitter followers as well as 103 million Instagram followers, is one of the star names of social media. The artist, who occasionally appears in front of the camera to advertise her brands, also uses her social media accounts for collection promotions.
Rihanna’s fans, who have achieved success in the business world, are not very happy with this situation. The fact that the famous singer, who released her latest album Anti in 2016, could not find the opportunity to make music from commercial works and not prepare a new album saddens her fans. Fans remind Rihanna that they are waiting for a new album at every opportunity.