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Home Entertainment Forbes officially names Rihanna as World's Richest Female Musician

Forbes officially names Rihanna as World’s Richest Female Musician

In a new publication by Forbes, on Tuesday June 4th it estimated the net worth of Rihanna to about $600 million, beating fellow musicians Madonna($570 million) Celine Dion($450 million) Beyonce ($400 million).

The 31 years old earnings reportedly tripled after her partnership with LVMH,  a billionaire establishment owned by Bernard Arnault, which she co-owned her makeup brand Fenti Beauty launched in S
to have skyrocketed after making a total sale of $100 million on its first few weeks. Fenti Beauty generated an estimated $570 million in revenue last year and it’s entire operational worth is more than $3 billion after just about 15 months in operation.

Forbes estimates that LVMH owns an estimated 50% of it, while Rihanna has about 15%, a figure a spokesperson for the artist disputed but did not clarify further.

The singer also co-owns the Savage X Fenty lingerie line with Los Angeles-based online fashion firm TechStyle Fashion Group. Rihanna and LVMH have also announced their new clothing line which will see production of clothes, accessories, shoes.

Rihanna is still a notable and budding singer who still makes millions of her music.

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