Rihanna now world’s richest female musician, thanks to Fenty Beauty
Look out, Kylie Jenner: Rihanna is well on her way to becoming the next celebrity beauty billionaire.
According to Forbes, the 31-year-old pop icon is now the richest female musician in the world, with a fortune totaling $600 million. And while earnings from her Grammy-winning musical career certainly helped her grow her wealth, they’re pennies compared to what her partnership with LVMH is pulling in.
Rihanna is estimated to own 15% of her famously inclusive Fenty Beauty brand, which has reportedly raked in $570 million in sales since its launch in September 2017. To put that in context, second-richest female musician Madonna‘s fortune totals the same amount.
According to the publication, the cosmetics brand is conservatively worth more than $3 billion.
The “Diamonds” hitmaker has also got her Savage x Fenty lingerie line, which she co-owns with TechStyle Fashion Group. And last month, she further expanded her empire with the launch of her much-anticipated luxury label with LVMH, simply dubbed Fenty, which features high-end clothing, shoes and accessories priced from $200 to $1,100.
Work, work, work, work, work, indeed.
See every look from Rihanna’s first Fenty collection below:
"It's about creating a style for women that makes them feel strong yet beautiful," she told the New York Times. "So in my case, and for this particular drop, that is making pieces that embrace my shape, but also make my waist look small."
Ahead, see every look from the first drop. The collection will be available online starting Friday, with prices ranging from $200 to $1,100.Getty Images for Fenty
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