That Rihanna Reign: Rihanna Is Now The World’s Richest Female Musician
Bad gal Riri is now the richest female musician in the world, CNN reports.
Rihanna may have appeared on the entertainment scene as a global popstar, nabbing 9 Grammys and 14 number one hits, but it’s her entrepreneurial ventures that have taken her financial status to all new heights.
Rihanna is now worth $600 million, according to Forbes.
Her massive wealth has accumulated through the launch of both her cosmetics brand, Fenty Beauty, and her lingerie brand, Savage X Fenty. Her makeup brand amassed $570 million in revenue in just 15 months after its launch. The company’s total net worth is estimated to be around $3 billion.
While both of these ventures have been majorly successful, her latest partnership with LVMH for a luxury couture fashion line put Ri in a whole new tax bracket.
And the 31-year-old has monetarily surpassed her peers. Rihanna’s wealth has now eclipsed other juggernaught women in the music business including Madonna ($30 million), Celine Dion ($150 million), and Beyonce ($200 million.)
One of the selling points of the Rihanna empire has been its focus on diversity and color inclusion.
“Women are forces of this earth. We are multifaceted, complex, vulnerable yet bulletproof, and Fenty speaks to all of our intricacies,” the Bajan star said of her brands last month.
Despite her catapult into near billionaire status, Rihanna still keeps her humble beginnings in mind.
“You know, when I was younger, I couldn’t afford everything, but a pair of Timberlands: That was my Dior. And I had to save my money for a whole school year to get those Timberlands that I wanted, and I did it,” Ri Ri said.
Continuing, “I never thought I’d make this much money, so a number is not going to stop me from working. I’m not being driven by money right now,” she told Forbes.
“Money is happening along the way, but I’m working out of what I love to do, what I’m passionate about. Work will change when my life changes in the future but an amount of money is not going to stop that.”