Superstar Rihanna storms into billionaire club | Financial

Rihanna, known for music hits like A Girl Like Me, owes its enormous wealth mainly to the success of the cosmetics brand Fenty Beauty. She launched the company in 2017 together with the French luxury conglomerate LVMH of CEO Bernard Arnault.

According to Forbes, Rihanna’s 50% stake in Fenty Beauty is worth an estimated $1.4 billion. The focus on inclusivity in particular contributed strongly to the popularity of the cosmetics brand.

Picking fruits

Rihanna, who was born in Barbados under the name Robyn Rihanna Fenty, is also reaping the benefits of her lingerie brand Savage X Fenty. The value of her share in that company is estimated to be $270 million. In addition, the superstar has built up considerable wealth during her career as a musician and actress.

With female billionaire status, Rihanna is following in Oprah Winfrey’s footsteps. The former American TV host has an estimated net worth of $2.7 billion, according to Forbes.

Amazon founder Jeff Bezos tops the list of high earners among men. His wealth is more than $190 billion followed by Tesla boss Elon Musk who has $188 billion in assets.

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