According to Forbes, the American pop star Rihanna has officially become a member of the billionaire celebrities club and the richest female musician in the world.
According to Forbes, the musician has a net worth of $1.7 billion, of which approximately $1.4 billion come from her cosmetics company, Fenty beauty.
Rihanna had launched Fenty beauty on her real name Robyn Fenty, earlier in 2017 with a name to make women everywhere included. Fenty beauty was a success overnight because it provided a much broader range of cosmetics for women of various skin types and skin tones and compared to other cosmetic lines. It particularly involved darker shades for women of color.
Though during the COVID-19 pandemic, all the businesses went down worldwide, but the beauty industry was comparatively resilient and showed a significant improvement in trends in all its activitiesaccording to the 2020 annual report of LVMH
Fenty’s cosmetic products are available online and also at Sephora stores all across the world. Rihanna also has her own lingerie line, Savage x Fenty, which contributes two $70 million 2 the pop star’s net worth. Rihanna Now stands 16th on the Forbes ranking of America’s richest self-made women. Only Oprah Winfrey is richer than her, with an estimated net worth of $2.7 billion from the entertainment industry.
Rihanna has recently been in the spotlight due to her romance with boyfriend rapper is ASAP rocky. It is reported that she is shooting a music video with rocky currently.