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Photo Credit: Caroline McCredie/Getty Images for Fenty Beauty by Rihanna
Rihanna Is Now the Richest Female Artist In the World
The singer and entrepreneur is reportedly worth $600 million.
Rihanna is now the richest female artist in the world.
According to a new report in Forbes, the singer and entrepreneur is worth $600 million— $30 million more than Madonna's worth, Dion by $150 million more than Celine Dion, and $200 million more than Beyoncé.
READ: JAY-Z Has Officially Become the First Billionaire Rapper, According to Forbes
The 31-year-old artist, who is slated to release her 9th studio album soon, has amassed a fortune from more than music.
Her transition into cosmetics and fashion with the French luxury goods company LVMH on Fenty Beauty has brought in numbers. Fenty Beauty launched in September 2017 at the LVMH-owned Sephora and in 15 months has reportedly earned $570 million in sales.
According to Forbes, the business is worth an estimated $3 billion for LVMH, which owns a reported 50% of the company while Rihanna owns an estimated 15%.
(Photo Credit for thumbnail photo: Caroline McCredie/Getty Images for Fenty Beauty by Rihanna)
