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Entertainment

Rihanna 'worth $1.7 billion' — Forbes

Agence France-Presse
Rihanna 'worth $1.7 billion' â Forbes
In this file photo taken on Sept. 12, 2019 Barbadian singer/actress Rihanna arrives for Rihanna's 5th Annual Diamond Ball Benefitting The Clara Lionel Foundation at Cipriani Wall Street in New York City. Singer and businesswoman Rihanna is worth a whopping $1.7 billion, Forbes said Wednesday, making her one of the richest woman musicians on the planet.
AFP / Angela Weiss

LOS ANGELES, United States — Singer and businesswoman Rihanna is worth a whopping $1.7 billion, Forbes said Wednesday, making her one of the richest woman musicians on the planet.

The R&B songstress parlayed success in the singles charts into a huge make-up and fashion empire, with earnings that now dwarf those of other music megastars like Madonna and Beyonce.

The Barbados-born Robyn Rihanna Fenty exploded onto the scene in 2005, and logged global hits like "We Found Love" and "Umbrella", a collaboration with Jay-Z.

But while downloads and tour tickets have contributed to her wealth, it is her business know-how that has rocketed her into the ranks of the uber-wealthy.

Forbes, which regularly compiles lists of the world's richest people, said Wednesday it estimated around $1.4 billion of her nest egg comes from the value of cosmetics company Fenty Beauty, a partnership with French fashion giant LVMH.

Fenty Beauty, which launched in 2017 with the goal of promoting inclusivity, produces make-up to match dozens of different skin tones.

Rihanna's lingerie company, Savage x Fenty, also contributes to her net worth, Forbes said, pegging the company at $270 million.

Although she has not produced an album since 2016, Rihanna still holds sway over legions of fans, with more than 100 million followers on Instagram and Twitter.

FORBES RIHANNA
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