Rihanna Joins The Billionaires Club

Rihanna is now officially a billionaire and the richest female musician in the world, thanks to the huge success of her Fenty Beauty line.

The Umbrella hit maker, 33, is now worth an estimated $1.7billion, Forbes reports, making her the second wealthiest female entertainer on the planet, behind Oprah Winfrey with $2.7billion (£1.9billion).

It is claimed the bulk of the popstar’s fortune ($1.4billion/£1billion) comes not from music, but from her 50 percent stake in her acclaimed cosmetics line Fenty Beauty – a joint venture with French luxury goods conglomerate LVMH – and worth $2.8billion (£2billion) in total.

Related posts