SingerRihanna has officially become a billionaire at the age of 33, with a net worth of $1.7 billion.
According to Forbes, American Singer, Rihanna, is now worth an estimated $1.7 billion (£1.2 billion), making her the world’s second-wealthiest female entertainer.
the Umbrella hitmaker, 33, is now worth an estiated $1.7 billion (£1.2 billion), giving her the world’s second wealthiest female artist behind Oprah Winfrey, who is worth $2.7 billion (£1.9 billion).
The majority of the popstar’s riches ($1.4 billion £1billion) is said to come from her 50 percent interest in her acclaimed cosmetics line Fenty Beauty, which is valued $2.8 billion (£2 billion) and is a joint venture with French luxury goods company LVMH.
Her $270million (£190million) stake in the wildly successful Savage X Fenty lingerie line and her wealth from her 16 year recording career all make up the mogul’s mass wealth.
Rihanna established the popular beauty brand Fenty Beauty in 2017 with the goal of “making women everywhere (feel) included.”
Read official statement Forbes shared on its official Instagram page below,
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