Rihanna named world’s richest female musician: US$600 million fortune puts her ahead of Beyoncé, Madonna and Celine Dion
- As well as her lucrative music career, singer also launched her make-up brand Fenty Beauty – co-owned by French luxury giant LVMH – in September 2017
- The line has been a huge success, reaping US$570 million in revenue last year after only 15 months of business
Singer, make-up entrepreneur, lingerie designer and now the first black woman to head a top luxury fashion house – Rihanna has racked up a US$600 million fortune to become the world’s richest female musician, Forbes reveals.
Rihanna’s ranking puts into fresh perspective one of her lyrics – “work, work, work, work, work”, which opened her 2016 smash Work.
Since bursting onto the scene in 2003, she has spun her triumphs in music into entrepreneurial gold, launching her make-up brand Fenty Beauty – co-owned by French luxury giant LVMH – in September 2017 online and with Sephora.
The line found success, not least thanks to Rihanna’s fame both on and offline, with some US$570 million in revenue last year after just 15 months of business. She makes most of her money from touring and musical releases, according to Forbes, but also co-owns her Savage X Fenty lingerie line.
In May, Rihanna launched a partnership with LVMH to launch a luxury fashion brand based in Paris that will make ready-to-wear clothes, shoes and accessories.