Wednesday, June 05, 2019

Forbes Name Rihanna The Wealthiest Female Musician In The World


Rihanna has been named the wealthiest female musician in the world.
 
According to Forbes, the 31 years old has amassed a $600 million fortune.
 
This puts her ahead of fellow Madonna ($570 million), Céline Dion ($450 million), and Beyoncé ($400 million).
 
However, her wealth shot up after her partnership with French luxury goods giant LVMH, who co-owns Fenty Beauty.
 
The makeup brand launched in September 2017 and became a viral success with a reported $100 million in sales in its first few weeks.
 
Fenty Beauty has reportedly generated an estimated $570 million in revenue and is worth more than $3 billion overall.
 
Rihanna also co-owns her Savage X Fenty lingerie line with online fashion retailer TechStyle Fashion Group.
 
On Monday, Forbes declared Roc Nation mogul, Jay Z, the first billionaire rapper with a fortune that includes liquor, real estate, and investments.