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Rihanna is definitely shinning bright like a diamond (get it?) as she becomes the newest member of the billionaire club. The multi-talented singer was given the title by Forbes on Wednesday, August 4, putting her on the list as the richest musician. Forbes says they estimates the singers wealth to be $1.7 billion, thanks to her massively successful Fenty brand, making her a true self-made billionaire.
Her Fenty brand, named after herself, Robyn Fenty, launched in 2017 in partnership with LVMH. They started with make-up foundation and expanded to lingerie and a clothing line.
Forbes breaks down the 33-year-old singers wealth into 3 categories: Her Fenty Beauty Brand, which they say is worth $1.4 billion, her Savage x Fendy lingerie brand, which according to Forbes is worth $270 million and the rest is a combination of earnings from her music/acting careers.
Congrats to Rihanna and her major accomplishment!
-Natomas Slimm
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