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Rihanna is officially world richest female musician – Forbes

Rihanna’s net worth is projected to be $1.7 billion, making her the richest woman singer in the world, according to Forbes magazine on Wednesday. However, her music is not her primary source of wealth.

According to Forbes, the Barbados-born singer, whose birth name is Robyn Fenty, makes an estimated $1.4 billion from her 50 percent stake in the Fenty Beauty cosmetics business.

The rest of Rihanna’s wealth comes from her share of the Savage x Fenty lingerie company and her income as a singer and actress, the magazine said.

Rihanna’s beauty company, of which LVMH (LVMH.PA) owns the other half, is known for its broad range of 50 skin tones, including dark shades for women of color, which were rare when it launched in 2017. This made it a leader in inclusivity in the industry.

The singer of “Umbrella” and “Love the Way You Lie” ranks second behind Oprah as the richest female entertainer, Forbes said.

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Ogbonna Ugorji

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