WORLDWRAPFEDERATION.COM

IN THE STREETS & ON THE WEB

Rihanna Is Now The World’s Richest Female Musician

Rihanna is well on her way to becoming the next celebrity beauty billionaire.

According to Forbes, the 31-year-old pop icon is now the richest female musician in the world, with a fortune totaling $600 million. And while earnings from her Grammy-winning musical career certainly helped her grow her wealth, they’re pennies compared to what her partnership with LVMH is pulling in.

Rihanna is estimated to own 15% of her famously inclusive Fenty Beauty brand, which has reportedly raked in $570 million in sales since its launch in September 2017; to put that in context, second-richest female musician Madonna‘s fortune totals the same amount.

According to the publication, the cosmetics brand is conservatively worth more than $3 billion.

The “Diamonds” hitmaker has also got her Savage x Fenty lingerie line, which she co-owns with TechStyle Fashion Group. And last month, she further expanded her empire with the launch of her much-anticipated luxury label with LVMH, simply dubbed Fenty, which features high-end clothing, shoes and accessories priced from $200 to $1,100.

SOURCE

Views: 62

Comment

You need to be a member of WORLDWRAPFEDERATION.COM to add comments!

Join WORLDWRAPFEDERATION.COM

Listen to Scurry Life Radio For Artist Placement On The Site Contact: R5420records@yahoo.com

© 2024   Created by WORLD WRAP FEDERATION.   Powered by

Badges  |  Report an Issue  |  Terms of Service

Subscribe