Rihanna has become the music industry’s richest woman at the age of 31.
With eight albums, numerous world tours, a groundbreaking beauty company, and now a luxury fashion label, the Barbadian star has amassed an estimated fortune of $600 million (Dh2.2 billion).
According to Forbes’ round-up of the richest women in music, Rihanna’s fortune outstretches the likes of Madonna ($570 million), Celine Dion ($450 million), and Beyonce ($400 million).
A large chunk of Rihanna's fortune is attributed to Fenty Beauty, the make-up company she launched back in 2017 that has won legions of fans around the world thanks to its inclusive shades and affordable prices. In 2018 alone, the brand saw $570 million in sales revenues.
And the singer has just made history with the launch of Fenty, a luxury fashion label under the umbrella of LVMH, the French company which owns Louis Vuitton, Dior, Fendi and Celine. Fenty is the first new label to be launched by the company since Christian Lacroix in 1987, making Rihanna the first woman to create an original house for LVMH.
Speaking to the New York Times earlier this year, Rihanna – real name Robyn Rihanna Fenty – said: "I never thought I'd make this much money, so a number is not going to stop me from working."
Rihanna is set to release her ninth studio album R9 later this year, so it looks as though her reign as music's first lady won't be ending anytime soon.
