Rihanna Named World’s Richest Female Musician
Rihanna has secured a place on the list of the world’s richest self-made women, ranking 37th with a net worth of $600 million.
She outpaces even more publicly recognized figures like Madonna (estimated net worth of $300 million), Beyoncé (estimated net worth of $200 million), and Celine Dion (estimated at $150 million).
According to Forbes, Rihanna's primary income derives from her partnership with the French conglomerate LVMH-Louis Vuitton Moet Hennessy. LVMH has become a co-owner of the Fenty Beauty cosmetics brand, which was launched by Rihanna in 2017. In its first few weeks, Fenty Beauty generated $100 million in sales, bolstered by Rihanna’s fame and her 71 million Instagram followers. Estimates suggest that last year, Fenty Beauty earned $570 million in revenue.