Rihanna, an internationally known pop star and entrepreneur now has a networth of $1.7 billion, thanks to her Fenty Beauty empire, according to FORBES.
She launched the company in 2017 as an inclusive cosmetics line for all demographics of people. She owns 50% of the company and has accumulated $1.4 billion in less than five years.
She has since added Savage x Fenty, a lingerie line; Fenty Skin, a skin care company; and a fragrance Fenty Parfum.
Savage x Fenty accounts for most of Rihanna’s earnings, according to Forbes.
“I’ve been slowly evolving throughout the fashion world,” Rihanna said.
“First wearing it, buying it, being recognized for my style and then collaborating with brands. I never just wanted to put my name on something and sell my license.” She told the New York Times in 2019.
She is the world’s wealthiest musician and the second highest-earning woman in entertainment after Oprah Winfrey.
Sources: www.pagesix.com, www.essence.com, www.tmz.com, www.npr.org
