ENTERTAINMENT: Rihanna Becomes The Second Richest Female In Entertainment Industry


Rihanna  has reportedly reached billionaire status thanks largely to her Fenty Beauty line, which she launched in 2017.

According to Forbes, the 33-year-old singer/entrepreneur amassed her estimated $1.7 billion net worth via Fenty Beauty profits. She is now the second-richest woman in entertainment behind Oprah Winfrey.

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The publication read: “The bulk of her fortune (an estimated $1.4 billion) comes from the value of Fenty Beauty, of which Forbes can now confirm she owns 50%. Much of the rest lies in her stake in her lingerie company, Savage x Fenty, worth an estimated $270 million, and her earnings from her career as a chart-topping musician and actress.”

The Forbes article goes on to note: “By 2018, its first full calendar year, the line was bringing in more than $550 million in annual revenues, according to LVMH, beating out other celebrity-founded brands like Kylie Jenner’s Kylie Cosmetics, Kim Kardashian West’s KKW Beauty and Jessica Alba’s Honest Co.”


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