Rihanna Named World's Richest Female Musician
Forbes has named Rihanna the richest female musician in the world. According to the publication, Rih has a fortune worth $600 million, putting her ahead of her fellow music stars such as, Madonna ($570 million), Céline Dion ($450 million), and Beyoncé ($400 million).
Rihanna’s wealth, however, comes from a variety of ventures. A good portion of Rih’s earnings comes from her partnership with French luxury goods brand LVMH, who co-owns Fenty Beauty. The makeup brand launched in September 2017 and earned a reported $100 million in sales in its first few weeks. The brand has since generated an estimated $570 million in revenue and is worth more than $3 billion.
Rih also co-owns her Savage X Fenty lingerie line with online fashion retailer TechStyle Fashion Group and has earned millions from touring and record sales.
On another note, Serena Williams is the first athlete to make Forbes’ Richest Self-Made Woman list with a net worth of $225 million.
Other celebs to make the list include Beyoncé ($400 million), Oprah Winfrey ($2.5 billion), Kylie Jenner ($1 billion) and Kim Kardashian ($370 million).