Rihanna named as the world's wealthiest female musician

The 31-year-old singer has amassed a $600 million fortune after expanding her brand with businesses such as Fenty Beauty and Savage X Fenty.

Rihanna Forbes Fenty-Beauty

Singer Rihanna has been named as the "World's Richest Female Musician" by the Forbes magazine with an estimated fortune of $600 million with the bulk of that coming from her Fenty beauty range.

She's overtaken Madonna and Beyonce, who previously topped the list. While Rihanna is best known for hits such as "Umbrella," "Diamonds" and "What's My Name?," her music is not the only source of her wealth.

The 31-year-old has been putting her efforts into her beauty, lingerie and clothing range.

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Rihanna - real name Robyn Rihanna Fenty - launched Fenty Beauty in September 2017 and it's estimated it racked up sales of $100 million in its first few weeks. The Forbes estimates that the company generated $570 million last year. 

In fact, according to Forbes, 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.

Last month, the Barbadian star launched her fashion label Fenty at a pop-up boutique in Paris, becoming the first black woman to create an original brand with LVMH.

In a statement released last month, Rihanna said: "Women are forces of this earth. We are multifaceted, complex, vulnerable yet bulletproof, and Fenty speaks to all of our intricacies.”
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.


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