Rihanna now world’s female richest musician, worth $600 Million
The 31-year-old songstress Rihanna, real name Robyn Rihanna Fenty has reportedly become the world’s richest female musician, according to Forbes.
Rihanna fortune adds up to $600 million, overtaken Madonna ($570 million), Céline Dion ($450 million) and Beyoncé ($400 million).
Rihanna co-owns her ground-breaking cosmetics brand Fenty Beauty with LVMH, which is sold online and in stores all around the globe. It made a reported $100 million in sales during its debut weeks, while the entire operation is worth over $3 billion.
The singer also co-ownsher popular lingerie brand Savage X Fenty with TechStyle Fashion Group, a Los Angeles-based online fashion company, grossed a reported $100 million in sales within its first few weeks.
After just 15 months in business, Fenty Beauty has reportedly racked up $570 million in sales, with the business worth an estimated $3 billion for LVMH, which owns a reported 50% of the company to Rihanna’s estimated 15%, a figure her team would not confirm, Billboard reports.
The star recently outed herself as a London-dweller, and is reportedly renting a £16,000-a-week mansion in the UK Capital worth a staggering £30 Million.