How Rihanna became World’s Richest female musician with $600M

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Rihanna

Pop star Rihanna has just clinched the ‘richest female musician in the world’ title after garnering a wealth of $600M.

She further ranks 37 on the newly released Forbes’ list of “America’s Self-Made Women”.

She is “ahead of the likes of Madonna ($570 million), Céline Dion ($450 million) and Beyoncé ($400 million).” in the forbes report.

So you are wondering if she is making all the cash from just music, then you are wrong!

Yes, she made millions from her career as a singer, from tours and from music she’s released but she has also got other businesses.

According to Forbes, Rihanna has been making boss moves outside music for sometime now.

In September 2017, she launched Fenty Beauty, which made about $100 million in sales in its first few weeks.

“Fenty Beauty generated an estimated $570 million in revenue last year, after only 15 months in business. The entire operation is worth, conservatively, more than $3 billion. Forbes estimates thatLVMH owns an estimated 50% of it, while Rihanna has about 15%, a figure a spokesperson for the artist disputed but wouldn’t clarify further.” Forbes reports.

After that, Rihanna partnered with another French conglomerate, Kering, on a Fenty x Puma brand.

She also co-owns the Savage X Fenty lingerie line with Los Angeles-based online fashion firm TechStyle Fashion Group.

Rihanna has now, in partnership with LVMH, launched Fenty, a luxury fashion house which will make clothes, shoes, accessories and jewelry, and is LVMH’s first new house in more than 30 years.