Rihanna Is Officially A Billionaire

Robyn Fenty, better known as Rihanna, joins elite company as the newest billionaire with an estimated $1.7 billion net worth.

I’m addition to Rihanna’s stellar music career, the launch of her Fenty Beauty line in 2017 is what catapulted the singer/entrepreneur into the billionaire stratosphere. The epic milestone puts the Barbados native as the wealthiest female musician in the world and second wealthiest female entertainer, behind Oprah Winfrey.

Fenty Beauty shares a 50-50 joint venture with French luxury goods conglomerate LVMH which is headed by Bernard Arnault, who has just recently jumped ahead of Jeff Bezos as the world’s richest person in the world. The cosmetics line is available online and at LVMH-owned Sephora stores.

“A lot of women felt there were no lines out there that catered to their skin tone. It was light, medium, medium dark, dark. We all know that’s not reality. She was one of the first brands that came out and said, ‘I want to speak to all of those different people.’”

Shannon Coyne, Bluestock Advisors Cofounder

RIHANNA’s New SAVAGE x FENTY Campaign

Check out Rihanna’s new drop for her brand Savage x Fenty. The 31- year old enlisted fellow songstress Normani to help promote the release for the brand’s Spring 2020 campaign for a 1-2 punch.

Rihanna is seen wearing a lavender wig while sporting a couple looks from the new lingerie collection. Normani previously walked in the brand’s fashion show back in September 2019 and also became the brands first ever ambassador.

Check out the gallery below.