|From left, LVMH Chairman, Bernard Arnault and Rihanna at Fenty Launch in Paris May 22 2019.|
Apparently, Rihanna is the world’s richest female musician overtaking Madonna by $30 million, Celine Dion by $150 million and Beyonce by $200 million.
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According to Forbes, the 31-year-old singer, songwriter, and fashionista whose real name is Robyn Rihanna Fenty is currently worth a staggering $600 million making her the richest female musician after Madonna, Celine Dion, and Beyonce.
Barbadian star who is widely for hits such as “Umbrella,” “Diamonds” and “What’s My Name?,” did not just amass wealth from music only but also from her partnership with LVMH, the French luxury goods company that owns the likes of Christian Dior, Givenchy, and Louis Vuitton.
Last month, the multi-award-winning musician, launched her fashion label called Fenty at a pop-up boutique in Paris which makes her the first black woman t create an original brand with LVMH (Louis Vuitton Moet Hennessy). Fenty is said to be Rihanna’s latest business ventures. She also owns lingerie label Savage X Fenty, which she launched in 2018, and cosmetics brand, Fenty Beauty, set up in 2017.
According to Forbes, her cosmetics firm generated an estimated $570 million in revenue in its first 15 months while the business magazine estimates the business operation is worth more than $3 billion.