Rihanna – Photo By Pascal Le Segretain, Getty Images for Fenty Beauty
Rihanna’s Fenty business endeavors have officially made her the richest female musician in the world, according to Forbes announced Tuesday.
The 31-year old singer has accumulated a $600 million fortune, edging out other famous women in music including Madonna with $570 million, Céline Dion with $450 million and Beyoncé with $400 million.
Rihanna’s rise to the top was driven by her Fenty Beauty brand, which earned an estimated $570 million in revenue last year in just 15 months of business. The French luxury goods conglomerate LVMH co-own the makeup brand with Rihanna, with Forbes estimating the company to be worth $3 billion, and that LVMH owns an estimated 50% of the brand while Rihanna owns about 15%.
Read more – Rihanna World’s Richest Female Mucician