Forbes Officially Names Rihanna As World’s Richest Female Musician
Rihanna is officially a billionaire making her the wealthiest female musician according to a report by Forbes magazine.
The publication estimates she is worth $1.7 billion, making her the wealthiest female musician in the world and second-richest female celebrity, behind only Oprah Winfrey.
The majority of her fortune is due to the value of her wildly successful Fenty Beauty brand, the magazine says.
She owns 50 percent of the company, which expanded to skincare in 2020, split with luxury conglomerate LVMH (ran by the second-richest person in the world, Bernard Arnault).
Forbes estimates Fenty Beauty is worth at least $2.8 billion. The rest is made up of stake in her lingerie company, Savage x Fenty; her high-end clothing line, which closed in 2020; and, of course, earnings from 11 years of back-to-back hit albums and sold-out tours.
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Most recently, Rihanna announced the impending launch of the first Fenty Beauty perfume. Fenty Eau de Parfum, per CR Fashion Book, is designed to give wearers an aromatic blend of “spicy-meets-sweet” that calls to mind the cities Rihanna was inspired by when crafting the scent.
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