An excerpt from USA Today -
Rihanna officially becomes a billionaire: Forbes names her the 'richest female musician'
By Elise Brisco
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| Forbes has announced Rhianna as a billionaire with most of her worth coming from her Fenty brand. Roy Rochlin, Getty Images |
Rihanna shines bright like a diamond, or several diamonds: The multi-hyphenate star is now a billionaire.
Forbes announced Wednesday that Rihanna joins the ranks of Oprah Winfrey as one of the richest entertainers in the world. The publication estimates her net worth at $1.7 billion, with most of it coming from her cosmetic brand Fenty Beauty.
In lieu of another album – which fans are still waiting for – the singer-turned-entrepreneur, born Robyn Fenty, launched Fenty Beauty in 2017 in partnership with luxury goods conglomerate LVMH. The brand's launch focused on inclusivity with a then-unprecedented 40 shades of foundation, which prompted the "Fenty Effect" in which other brands expanded their shade ranges for complexion products. Now the brand covers everything under the sun of makeup, from brushes and blushes to lipsticks.
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