Published: Thu, June 06, 2019
Life&Culture | By Sue Mclaughlin

Rihanna Is Now The Wealthiest Female Musician Alive


She has surpassed Beyoncé, Madonna and Celine Dion in riches. Meanwhile, Céline Dion clocked in third with $450 million and Beyoncé rounded out the luxe list at $400 million.

Rihanna has been confirmed as the wealthiest female musician in the world, according to Forbes. In a recent profile published by Forbes, the 31-year-old's fortune was estimated at $600 million.

Pop superstar Rihanna poses in a pop-up store to present her first collection with LVMH for the new label, Fenty, which includes ready-to-wear and accessories, such as shoes, sunglasses and jewelry, in Paris, France on May 22, 2019. Forbes also reveals that Fenty Beauty generated a revenue of approximately $570 million previous year. Forbes has bestowed the honor upon Rihanna, noting that the bulk of her fortune (about $570 million of it) comes from the Fenty Beauty cosmetics line she co-owns with LVMH.

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The "Kiss Me Better" singer also has her own lingerie line Savage X Fenty and previously had numerous collaboration with global footwear brand Puma for the Puma X Fenty line.

Signals for Rihanna's new album remain dim as Essex Island officials denied the entertainer rented Osea Island to work on her album. Launched in September 2017, Fenty Beauty reported $100 million in sales in its first few weeks, and it amassed an estimated $570 million in revenue a year ago alone, Forbes reports.

'The money means that I can take care of my family, ' she said. The money means that I can facilitate the businesses that I want to. "I'm a young black woman who loves and embraces all of the young people's ideas and energies - I'm so about that", she told AFP in Paris recently. My money is not for me; it's always the thought that I can help someone else or, in the future, for if I have kids'.

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