With a fortune estimated at $ 600 million, the artist from the island of Barbados is now the singer with the biggest bank account.
Singer, makeup and lingerie designer and first black woman to run a luxury fashion house, Rihanna has just won the title of the richest singer in the world with a fortune estimated at $ 600 million, said Tuesday Forbes magazine .
At 31, Robyn Rihanna Fenty has raised more than her elders Madonna (570 million), Celine Dion (450 million) and Beyoncé (400 million), whose husband Jay-Z has just become the first billionaire rapper.
Most of Rihanna’s fortune comes from touring and record sales, Forbes said. She is also co-owner of her Savage X Fenty lingerie line.
Since her dazzling debut on the international music scene in 2003, the singer from the island of Barbados has turned her success on the air into entrepreneurial gold by launching her makeup brand Fenty Beauty – with the French luxury giant LVMH- – in September 2017 on the internet and in the Sephora channel. Fenty Beauty, from its fifteen months of existence, generated some $ 570 million in revenue in 2018.
Rihanna has also partnered with LVMH to create a Paris-based luxury brand featuring ready-to-wear clothing, footwear and accessories. The online store is open since May 29th.
“I just want to see things with my perspective. I am a young black woman who loves and embraces the ideas and energies of young people and wants to turn them into something luxurious for a luxury home, “she recently told AFP.
In addition to this new adventure in fashion, the singer has hinted at the release of a new reggae album this year. “I never thought I would make so much money so a figure will not stop me from working,” she told The New York Times magazine T Magazine in May. “Money comes on the road but I work on what I like to do, what interests me”. (Afp / nxp)