Forbes declares Rihanna billionaire.

Written by on August 5, 2021

US singer, Robyn Fenty aka Rihanna, has been declared a billionaire by American business magazine, Forbes.

The magazine stated that Rihanna attained the feat due to a cosmetic company, Fenty Beauty, which she launched in 2017.

The singer owns 50 per cent of Fenty Beauty which produced an estimated $1.4 billion of her wealth, with the rest coming mostly from music.

With a worth of $1.7 billion, Rihanna is now the wealthiest female musician in the world.

She comes second to Oprah Winfrey who is the richest female entertainer in the world.

Credit: Punch


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