Logo

Rihanna is officially a self-made billionaire

News
05 August 2021
Rihanna becomes the second richest female entertainer in the world, behind only Oprah.
Rihanna

She hasn't released an album since 2016's Anti, but Rihanna's growth as a formidable businesswoman disrupting the beauty and fashion industries is proving to be a much more lucrative undertaking. At just 33, Rihanna has officially become a billionaire!

According to Forbes, the 'Diamonds' hitmaker has now amassed a fortune valued at around $1,7 billion, giving her the distinction of being the richest female musician in the world. It also makes Riri the second richest female entertainer, behind only Oprah. When she said "that Rihanna reign won't let up", she knew what she was talking about. 

The young woman's career could be studied in any business curriculum. She launched Fenty Beauty in 2017, establishing an approach to the beauty and cosmetic industry that priviliged inclusivity while departing from outdated narratives of beauty. She owns 50% of the company. The rest of her earnings come from her lingery line, which has been doing the numbers for the Pop titan, who already rose to the highest echelons of the music business with no less than 14 #1 singles on the Billboard Hot 100 chart. 

1628155192 28 gettyimages 90617190
© Getty Images

Yet, despite her blockbuster career as a chart-topping mega hit machine, various sources have reported that Rihanna's bank account had plunged to just $2 million by the end of 2009. It was reported on Business Insider that the funny things happening around her bag were all down to people handling her business at the time. 

Between then and now, Robyn Fenty has completely turned around her financial outlook and built a fortune that places her above all the girls. 

This means the conversations with her friends and associates Jay Z and Kanye West, both also card holders of the billionare club, have no doubt reached new levels. 

Join the conversation on Facebook, Twitter and Instagram by using the hashtag #Channel O to connect with us.