You probably woke up today to see that Rihanna is one step closer to taking over the world. Kidding . . . sort of. The multi-hyphenated star just made it onto the billionaire list, securing her spot as the wealthiest woman musician on earth. But her new billionaire status isn’t only because of her music career (despite how frequently we still blast “Umbrella”) – it’s largely thanks to her makeup brand, Fenty Beauty.
How much is Fenty Beauty worth, exactly? According to Forbes‘s estimates, Fenty Beauty is worth a total of $2.8 billion. Because Rihanna owns 50 percent of the makeup company (the other half is owned by its parent company LVMH), that means roughly $1.4 billion of Rihanna’s wealth comes from the brand. Given that the star’s total net worth is $1.7 billion, that means a good chunk of her money comes exclusively from the beauty industry. Talk about a lucrative business.
For context, Rihanna launched Fenty Beauty in 2017, then, shortly after, she expanded into the fashion space with her lingerie line Savage x Fenty in 2018. Fast forward two years later, and she brought us Fenty Skin in 2020, which is still on the newer side but off to a successful start.
