Rihanna crowned world’s wealthiest female musician

The Bajan native has a fortune considerably larger than Beyoncé.

Rihanna31 year old Robyn Rihanna Fenty is worth a staggering $600 million, according to Forbes — overtaking Madonna by $30 million, Dion by $150 million and Beyoncé by $200 million.

While she is best known for hits such as “Umbrella,” “Diamonds” and “What’s My Name?,” her music is not the only source of her wealth and the majority of her income comes from her partnership with LVMH, the French luxury goods company that owns the likes of Christian Dior, Givenchy and Louis Vuitton. Fenty is just the latest of Rihanna’s business ventures, joining her lingerie label Savage X Fenty, which she launched last year, and her cosmetics brand, Fenty Beauty, set up in 2017.

The cosmetics firm generated an estimated $570 million in revenue in its first 15 months, according to Forbes, while the business magazine estimates that the operation is worth, conservatively, more than $3 billion.

The clothing collection is her first venture into the luxury fashion market, although she has already created collections for British fashion retailer River Island, and was made creative director of Puma in 2014. Rihanna’s other ventures have been widely celebrated for their inclusivity. Her cosmetics line debuted with 40 foundation shades, while her lingerie line has been applauded for catering to a range of skin tones and body types. Her fashion line, meanwhile, caters for women up to a size US 14.

One of the best-selling music artists worldwide. She has earned 14 number-one singles and 31 top-ten singles in the US, and 30 top-ten entries in the UK. Her accolades include nine Grammy Awards, 13 American Music Awards, 12 Billboard Music Awards, and six Guinness World Records.

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