Rihanna Emerges World’s Richest Female Musician

Ogedi Victor June 05, 2019

Singer, makeup entrepreneur, lingerie designer and now the first black woman to head a top luxury fashion house — Rihanna has racked up a $600 million fortune to become the world’s richest female musician, Forbes said Tuesday.
The 31-year-old — born Robyn Rihanna Fenty in Barbados — has amassed wealth exceeding that of Madonna ($570 million), Celine Dion ($450 million) and Beyonce ($400 million), whose husband Jay-Z was just named the world’s first billionaire rap star.
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Rihanna’s ranking puts into fresh perspective one of her signature lyrics — “work, work, work, work, work,” which opened her 2016 dancehall smash “Work.”
Since bursting onto the scene in 2003, she has spun her triumphs in music into entrepreneurial gold, launching her makeup brand Fenty Beauty — co-owned by French luxury giant LVMH — in September 2017 online and with Sephora.
The line found success not least thanks to Rihanna’s fame both on and offline, with some $570 million in revenue last year after just 15 months of business.
She makes the majority of her money from touring and musical releases, according to Forbes, but also co-owns her Savage X Fenty lingerie line.
Ogedi Victor

Posted by Ogedi Victor

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