Rihanna assured us she was in charge from the start. You’re out there, soliciting donations from every conceivable source, gathering… folks.
The singer-actress-cosmetics-and-lingerie tycoon has recently been revealed to be a billionaire.
Plus, she’s “the wealthiest female musician in the world and second behind Oprah as the richest female entertainment,” as Forbes puts it.
The magazine has done the math on the Barbadian celebrity’s fortune and believes she is worth a stunning $1.7 billion.
Read Also:
- Monitoring Purchase Orders is What Step of the Alert System
- Which Yearbook Award Did Donald Trump Win in High School
The Vast Majority Of It Has Nothing To Do With Her
Not surprisingly, most of it has nothing to do with her chart-topping singles. Most of it, almost $1.4 billion, has been amassed from the sale of individual cosmetics items like lipsticks, mascara, and blush.
With the introduction of her Fenty Beauty makeup line in 2017, she partnered with luxury goods company LVMH and has since made a fortune off of it.
Whe it was originally introduced, the brand shocked the cosmetics market by offering 40 different colours of foundation to accommodate.
A wide range of complexion tones, from very dark to very light. This tactic spurred a wider-scale initiative to broaden industry participation.
The Singer’s Current Net Worth Is $1.7 Billion
Forbes estimates Rihanna’s net worth at $1.7 billion, making her the wealthiest female artist and the second-wealthiest female entertainment overall (behind Oprah Winfrey).
But her success hasn’t come from the music industry. Forbes has verified that she owns 50% of Fenty Beauty, the source of the majority of her wealth (approximately $1.4 billion).
A large portion of the rest comes from her successful music career and her acting and lingerie line, Savage x Fenty, in which she has a share valued at an estimated $270 million.
Read Also:
- Britney Spears Has Always Fought Back. By dancing
- Prime Video’s Outer Range Will Fill That Twin Peaks And Dark-Shaped Hole In Your Life
Conclusion
Rihanna, whose real name is Robyn Fenty, started Fenty Beauty in 2017 with the intention of creating a cosmetics brand that made “women worldwide (feel) included.”
The firm has now helped Fenty Beauty’s founder, Robyn Fenty, become a billionaire, an outcome that was maybe unanticipated.
Forbes estimates Rihanna’s net worth at $1.7 billion, making her the wealthiest female artist and the second-wealthiest female entertainment overall (behind Oprah Winfrey).
