Rihanna seems to be having the time of her life. She seems to be enjoying every moment of her life with utmost joy. An official report from Forbes has cemented the billionaire status of Rihanna. She has been reported to have a $1.7b worth. This makes the star one of the richest women in the industry.
Rihanna Confirmed As A Billionaire Officially
The rockstar’s original name is Robin Rihanna Fenty. She has been around the entertainment industry for quite some time now. She has worked hard and put in efforts to flourish. All her efforts seem to have been paying her off. A recent report published by a renowned source confirmed her as a billionaire.
Fenty’s billionaire status earns her a rare feat. She is only the second wealthiest in her industry. Oprah Winfrey holds the pole position. Fenty did not release new music until five years. “Anti” was released in the year of 2016. The album reigned at the top of the charts for a record 63 weeks. She seemed to have put her concentration on her business.
The popstar has two prominent businesses. “Fenty Beauty” was her make-up range while “Savage x Fenty” was her lingerie collection. According to reports, her cosmetic line is worth billions. Her brand recorded more revenue than its competitors. Brands like Kylie Cosmetics, West’s KKW Beauty & Honest Company fell behind her.
The defining factor for the huge success of the brand was analyzed by Shannon Coyne. Coyne is the co-owner of a reputed company. Coyne stated that Rihanna’s brand catered to all types of women. Women of different shapes, sizes, and colors had exclusive products for them. Rihanna also has a 30% share in the lingerie brand “Savage x Fenty”. The brand realized $115m in the month of February.