Rihanna becomes the world’s richest female musician with net worth of $600m

Image: Wikipedia

Forbes has revealed that aged just 31, Rihanna has become the world’s richest female musician with an estimated net worth of $600 million.

That puts her ahead of Beyoncé ($400m), Madonna ($570m) and Celine Dion ($450m) and also puts her in at number 37 on the Forbes list of “Richest Self-Made Women”.

Like many of the richest musicians in the world, much of her wealth is derived from business ventures outside the usual pop artist scope. Forbes attributes the majority of her fortune to the Fenty Beauty partnership with luxury conglomerate LVMH, which racked up a reported $100 million of sales in its first few weeks. Given that Rihanna owns roughly 15% of the business, that’s a tidy little cheque that arrives on the doormat each month.

Other income streams include her work as an actress in films like Ocean’s Eight and her worldwide tours.

Read the full piece on Forbes.com.

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