Rihanna becomes world’s richest female musician

Rihanna aka, Robyn Rihanna Fenty, is officially a billionaire and the richest female musician on the planet.

The singer and business mogul launched Fenty Beauty in 2017 and it has cemented her position among the wealthiest in the world.

According to Forbes, Rihanna is now worth a staggering $1.7 billion (N698bn). Rihanna comes just second to Oprah Winfrey as the richest female entertainer.

It’s not Riri’s music that has resulted in her amassed fortune, the bulk of her billions come from Fenty Beauty.

According to the publication, Rihanna owns 50% of the highly-successful brand. The other half is owned by French luxury goods conglomerate LVMH – run by Bernard Arnault, the world’s second richest person.

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