Rihanna Now Billionaire Thanks to Vogue, Splendor Brand names: Forbes
- Forbes has declared Rihanna a billionaire.
- It said she’s worth $1.7 billion many thanks to her audio, acting, and her manner and elegance models.
- It would make her the world’s wealthiest feminine musician, Forbes mentioned.
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Rihanna is now a billionaire, Forbes has declared.
Rihanna — who grew to become a big celebrity via her songs and has absent on to launch an performing career and vogue and beauty makes — is now truly worth $1.7 billion, Forbes estimates.
Forbes explained on Wednesday that she experienced turn into “the wealthiest female musician in the planet and next only to Oprah Winfrey as the richest feminine entertainer.”
It noted that the vast majority of her wealth came from non-musical endeavors, driven mainly by her makes like Fenty Splendor and Savage x Fenty.
Rihanna, who is identified for her chart-topping tunes like “Umbrella,” “Only Female (In the Entire world),” and “Perform” is one particular of the ideal-providing audio artists of all time. She has nine Grammy Awards, 13 American Tunes Awards, and 12 Billboard New music Awards.
Lately, she has turned her focus absent from tunes and has turn out to be a powerhouse in the elegance brand place.
Fenty Splendor, which Rihanna has a 50-50 joint venture with French luxury conglomerate LVMH, introduced in 2017 and was an instantaneous strike bringing in a lot more than $550 million in once-a-year income in its initial calendar 12 months, Forbes reported.
Rihanna’s lingerie brand, Savage x Fenty, which introduced in 2018 and is a joint enterprise with TechStyle Vogue Team (Rihanna has a 30% possession stake, in accordance to Forbes), lifted $115 million in funding previously this 12 months bringing the brand’s valuation to around $1 billion. The program is to use the funding to open up Savage x Fenty suppliers.
