Advertisement
Tuesday, Sep 21, 2021
Outlook.com
Outlook.com

Rihanna Becomes The World’s Richest Female Musician

According to a Forbes report, the Barbadian singer’s net worth of 1.7 billion USD makes her the second richest female entertainer after Oprah Winfrey.

Rihanna Becomes The World’s Richest Female Musician
Rihanna is now the world's richest female musician | Source: Instagram
Rihanna Becomes The World’s Richest Female Musician
outlookindia.com
2021-08-05T15:01:33+05:30

Grammy award winning singer-songwriter Rihanna has become the richest female musician after she officially became a billionaire with a net worth of 1.7 billion USD, as reported by Forbes on Wednesday.

According to the report, majority of her money is from her stake in the cosmetics company, ‘Fenty Beauty’, which the Barbadian singer launched in 2017.

'Fenty Beauty' accounts for around 1.4 billion USD. The money in the company, plus her 30 percent stake in the lingerie line, 'Savage X Fenty', and her career as a musician takes her net worth to be around 1.7 billion USD, which makes her the second richest female entertainer after Oprah Winfrey, whose net estimate is worth 2.7 billion USD.

“The majority of her 1.7 billion USD estimated net worth is not from singing but from cosmetics,” Forbes editor Kerry Dolan was quoted as saying.

 “From a super-successful cosmetics line which, when it was launched, drew lots of praise because there were something, like, more than 40 shades for all range of skin tones, which was something that at the time, not very many cosmetics lines had been that inclusive," he added.

(With Inputs From Pinkvilla)

Advertisement

Outlook Newsletters

Advertisement

Read More from Outlook

Munna Bhais Still Flying High In High-Profile Entrance Examinations

Munna Bhais Still Flying High In High-Profile Entrance Examinations

Experts believe the swindlers have taken control of the entire system and they are doing so without any fear. They suspect one can get 99.5% only if one gets the question paper in advance.

J&K: Army Chopper Crash Lands In Dense Forest Area, Two Pilots Injured

J&K: Army Chopper Crash Lands In Dense Forest Area, Two Pilots Injured

The incident reportedly occurred between 10.30 am to 10.45 am. A police party has been rushed to the remote area and it will take them some time to reach there.

IPL 2021: Punjab, Rajasthan In Battle Of Explosive Top-Orders

IPL 2021: Punjab, Rajasthan In Battle Of Explosive Top-Orders

The two IPL teams have been perennial under-achievers in the league.

Centre Gives Go Ahead To Assam CM To Hold Talks With Ulfa (I) Chief

Centre Gives Go Ahead To Assam CM To Hold Talks With Ulfa (I) Chief

Himanta Biswa Sarma had invited Barua to hold talks with the government and give peace a chance soon after becoming chief minister in May.

Advertisement