- Barbados-born singer, actress and businesswoman Rihanna Fenty is officially a billionaire, according to Forbes
- The media personality has amassed her wealth through her make-up company Fenty Beauty and other business endeavours including her music
- Social media users have reacted the news with great excitement and have congratulated the Kiss It Better hitmaker for the massive achievement
Robyn Rihanna Fenty is officially a billionaire and the richest female musician on the planet. The singer and business mogul launched Fenty Beauty in 2017 and it has cemented her position among the wealthiest in the world.
According to Forbes, Rihanna is now worth a staggering $1.7 billion. Rihanna comes just second to Oprah Winfrey as the richest female entertainer.
It’s not Riri’s music that has resulted in her amassed fortune, the bulk of her billions come from Fenty Beauty. According to the publication, Rihanna owns 50% of the highly-successful brand. The other half is owned by French luxury goods conglomerate LVMH - run by Bernard Arnault, the world’s second richest person.
Another chunk of her fortune comes from her lingerie brand Savage x Fenty, worth an estimated $270 million, and of course the earnings from her successful music and film career.
The news of her achieving this milestone has elicited many reactions from social media users. While many were extremely happy for her, others understood that we’ll likely never see new music from her again:
“The fact that she's now richer than the people who discovered her like Jay Z is absolutely crazy.”
“And y'all expect her to enter studio and waste her time with music?”
“Wow incredible! As a Rihanna Navy since 2012, I never thought the day would come. Proud of her, as this is a huge moment for Black women, especially Black Caribbean women. She's accomplished so much in the past 16 years!”
ASAP Rocky confirms he’s dating Rihanna, says she’s the one
Meanwhile Rihanna’s love life has been heating up. YEN.com.gh reported that for the longest time, rapper ASAP Rocky and Rihanna had been known to be great buddies who loved hanging out and working on music together.
However, as it appears, their friendship grew into something more and they are finally opening up about their relationship. In an interview with GQ Magazine, the rapper confirmed that the two are an item, calling her the love of his life and his lady.
Rocky also noted that "When you know, you know" that she's the one and she amounts to a million of the other ones he's probably been with. He's even ready to settle and have kids with the R&B star noting, "If that's in my destiny, absolutely," and affirmed he would be an incredible and overall amazing dad.