Rihanna is formally a billionaire, turns into world’s richest feminine musician

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pop star rihannaForbes journal mentioned Wednesday that her internet value is estimated at $1.7 billion, making her the world’s richest feminine musician, however her music shouldn’t be her main supply of wealth.

As Forbes stories, the Barbados-born singer, whose start identify is Robin Fenty, has amassed an estimated $1.4 billion of her fortune from her 50% stake within the Fenty Beauty cosmetics line.

The journal mentioned the remainder of Rihanna’s wealth comes from her share of the Savage x Fenty lingerie firm and her revenue as a singer and actress.

Rihanna’s magnificence firm, of which LVMH (LVMH.PA) owns the opposite half, is thought for its intensive vary of fifty pores and skin tones, together with darker ones for ladies of shade, when it launched in 2017. have been uncommon. This made it a pacesetter. in inclusivity within the trade. The “Umbrella” and “Love the Way You Lie” singer ranks second because the richest feminine entertainer after Oprah, based on Forbes.

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With inputs from TheIndianEXPRESS

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