Get it RiRi: Rihanna Now a Billionaire Boss

Rihanna is now officially worth $1.7 billion, according to estimates by Forbes magazine, The Black Enterprise reported.
The overall net worth of Rihanna now has her as the wealthiest female musician in the world and second to the Queen of entertainment, Oprah Winfrey who is the richest female entertainer, according to the article.

Rihanna became famous after being signed by billionaire, Shawn “Jay-Z” Carter, and the “Umbrella” singer reached higher heights financially and musically — but her bread and butter is from her entrepreneurial efforts, according to the article. Her portion in her company, Fenty Beauty, is worth roughly $1.4 billion. Also her lingerie company, Savage x Fenty is worth about $270 million, along with her earnings from her career and actress, it totals up to her being worth $1.7 billion.

“A lot of women felt there were no lines out there that catered to their skin tone. It was light, medium, medium-dark, dark,” says Shannon Coyne, co-founder of consumer products consultancy Bluestock Advisors. “We all know that’s not reality. She was one of the first brands that came out and said, ‘I want to speak to all of those different people.’”

Read the full story here.

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