Photo: Eva Rinaldi

Rihanna Named Richest Musician In The World

It’s official. Rihanna is a billionaire and is now the wealthiest female musician in the world!

According to editors at Forbes, the 33-year old hitmaker is worth an estimated $1.7 billion, and has been named the second richest female entertainer behind Oprah Winfrey

While the recording artist (born Robyn Rihanna Fenty) initially confirmed her celebrity status through music, the lion’s share of her wealth comes from all-inclusive cosmetics Fenty Beauty brand, including its 50 shades of foundation. 

The triple-threat talent owns 50% of the makeup line (that Forbes confirms is worth at approximately $1.4 billion,) as well as a lucrative stake in her Savage x Fenty lingerie line.

According to Shannon Coyne, co-founder of consumer products consultancy Bluestock Advisors, “She is creating a brand outside of herself. It’s not just about Rihanna,” , told the publication. “Even if you don’t like her music, she’s created a real style in the fashion and beauty space.”

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Author: Brad LeBeau

Photo: Eva Rinaldi