Inside Rihanna’s $1.4billion fortune as she overtakes Kylie Jenner – from lingerie to hairstyles for $1million a YEAR
, 2022-07-12 10:01:16,
RIHANNA’S fortune is savage.
As one of the wealthiest women in music, she continues to set the standard for what it means to be versatile.
In the latest installment of our Celeb Riches series, we break down her fortune.
How rich is Rihanna?
The Barbados-born entrepreneur, whose real name is Robin Fenty, is worth an impressive $1.4billion, according to Forbes.
This is her third consecutive year scoring the top spot and beating Kylie Jenner for America’s youngest self-made billionaire woman.
Kylie is now featured as 42 on the list.
Because of her diverse portfolio, Rihanna’s been able to grab the title of the wealthiest female musician in the world.
Plus, she’s the second richest female entertainer, next to Oprah Winfrey.
How did she make her money?
Rihanna is the definition of a triple threat – maybe more.
Although she got her start in music, the majority of her fortune comes from her incredibly successful cosmetic line Fenty Beauty and lingerie company Savage x Fenty.
The bulk of her wealth is found in Fenty Beauty as her portion is valued at $1.4billion.
Forbes was able to confirm that Rihanna owns 50% of Fenty Beauty.
Fenty Beauty is a 50-50 partnership with French luxury goods conglomerate LVMH.
The company launched in 2017 and by the end of 2018 was raking in over $550million in annual revenue, according to Forbes.
Today, Forbes estimates that Fenty Beauty is worth a conservative $2.8billion.
Savage x Fenty
Billion-dollar companies seem to come naturally to the star as her lingerie line is also valued in the billions.
Her line Savage x Fenty lingerie line has been valued at $1billion with her share worth an estimated $270million.
Forbes also estimates that the singer owns 30% of her popular line.
The company started in 2018 and partnered with a few investors.
She was able to score TechStyle Fashion Group, Jay-Z’s Marcy Venture Partners, and private equity firm L. Catterton as shareholders.
This puts her Fenty brands at a combined value of roughly $3.8billion.
While nearly everyone is waiting for another album, Rihanna has released impressive eight-studio albums with Anti album being her last.
Her first album, Music of the Sun, was released in 2005 and…
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