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‘Fenty’ Paved Way into Forbes: Rihanna is Officially a Billionaire Now

Rihanna remained Humble

The famous popstar Rihanna, whose real name is Robyn Fenty was declared as a billionaire last week, by Forbes magazine. She remained calm and her response to the achievement was humble as ever. She was quoted saying ”So sweet. I just hope Asap won’t be intimidated dating a billionaire now.” Her fans praised her for her humble demeanour. She now ranks second to Oprah who is crowned as the richest entertainer.

Rihanna maintained her composure, even when approached by Paparazzi. When asked to comment on her recent status as a self-made billionaire she simply responded by saying ”God is good.”

Rihanna | Fenty
Instagram | Fenty

Fenty Funded Her Status

Even though Rihanna has made it big in the music industry, a lot of her wealth is not acquired from there. The net worth of the famous Barbados beauty is estimated at $1.7 Billion. She has not only conquered the music world but also the entrepreneurial one. The majority of her wealth which is a huge amount of $ 1.4  billion comes from her line of beauty products, Fenty Beauty cosmetics, in which she owns a major stake of 50%. The other half of her company is owned by LMVH. The company launched in 2017 and here’s what makes it special,

Fenty beauty products offer their foundation in more than fifty shades, which is a huge relief for women of colour who often have trouble finding the same in many other brands. The brand prides itself on its stance of inclusivity. Fenty products can be found in Sephora stores and online as well.

Rihanna is a billionaire
Credit:usmagazine.com

The 33-year-old, who is currently dating A$AP Rocky, also holds a partial stake in her lingerie line Savage x Fenty which has contributed to her wealth to a great extent. The Grammy award-winning singer can attribute the rest of her wealth to her profession as an actor and  a singer.

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