Singer Rihanna Is Officially a Billionaire, Forbes Says

Singer Rihanna Is Officially a Billionaire, Forbes Says
Robyn Rihanna Fenty celebrates the launch of FENTY at Bergdorf Goodman at Bergdorf Goodman in New York City on Feb. 7, 2020. (Dimitrios Kambouris/Getty Images for Bergdorf Goodman)

Pop star Rihanna’s net worth is estimated at $1.7 billion, making her the richest woman musician in the world, but her music is not the primary source of her wealth, Forbes magazine said on Wednesday.

The Barbados-born singer, whose birth name is Robyn Fenty, derives an estimated $1.4 billion of her fortune from her 50 percent stake in the Fenty Beauty cosmetics line, Forbes reported.

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 owns the other half, is known for its broad range of 50 skin tones.

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

Pop star Rihanna
Pop star Rihanna poses in a pop-up store to present her first collection with LVMH for the new label, Fenty, in Paris, France, on May 22, 2019. (Charles Platiau/Reuters)
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