Rihanna is the richest singer according to Forbes all thanks to her makeup line Fenty Beauty . Funny, huh? A singer who is multimillionaire thanks to cosmetics. HA!
According to Forbes, the 32-year-old pop icon is the richest singer in the world, with a fortune of $ 600 million. And while his earnings for his musical career certainly helped to get to this, they are pennies compared to what he is achieving with his partnership with LVMH.
It is said that Rihanna owns approximately 15% of his brand Fenty Beauty which reportedly has raised in sales about $ 570 million since its launch in September 2017. To put that in context, the second richest singer is Madonna and her fortune is calculated on that amount.
According to the publication, the RiRi cosmetics brand is worth more than $ 3 billion.
The singer of “Diamonds” also has a line of lingerie 'Savage x Fenty', of which she is co-owner with TechStyle Fashion Group. And last month Rihanna expanded her empire with the launch of her highly anticipated high fashion brand called Fenty, with LVMH, which obviously has luxurious or high-end clothing and includes shoes and accessories priced between $ 200 and $ 1100.
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