Pop star Rihanna is now the richest woman singer: Forbes
Pop star Rihanna's net worth is estimated at $1.7 billion, making her the richest woman musician in the world, but her music is not the primary source of her wealth, Forbes magazine said on Wednesday.
The Barbados-born singer, whose birth name is Robyn Fenty, derives an estimated $1.4 billion of her fortune from her 50% stake in the Fenty Beauty cosmetics line, Forbes reported.
The rest of Rihanna's wealth comes from her share of the Savage x Fenty lingerie company and her income as a singer and actress, the magazine said.
Rihanna's beauty company, of which LVMH owns the other half, is known for its broad range of 50 skin tones, including dark shades for women of color, which were rare when it launched in 2017. This made it a leader in inclusivity in the industry.
The singer of "Umbrella" and "Love the Way You Lie" ranks second behind Oprah as the richest female entertainer, Forbes said.
SOURCE: REUTERS
Jhelum DC removed over attempt to postpone exam for 'VIP visit'
- 15 hours ago
Babar Azam says new Pakistan Test squad ready to fight against Sri Lanka
- 19 hours ago
Here’s what it’s like to use Audio Intelligence on the Apple Watch
- 8 hours ago
Binance says hackers used fake job interviews and an internal AI tool to pull off the $6.3 billion heist
- 8 hours ago
PML-N candidate Asad Hanif Jutt wins PP-203 Chichawatni by-election
- 13 hours ago
Google’s Pixel 11 phones are up to 27 percent off
- a day ago
Supreme Court dismisses Punjab appeals against police promotions
- 2 days ago
Week-long polio campaign ends with 24mn children vaccinated
- 15 hours ago
Train collision in Egypt’s Giza province kills four and injures 88, health ministry says
- 15 hours ago
India says landed heavy-lift military aircraft at highest altitude
- 2 days ago
The Xbox Nano has a hidden cloud secret
- a day ago
Adobe’s Premiere mobile app is adding licensed music from ‘leading artists’
- a day ago
