Rihanna is now a Billionaire as net worth increases to $1.7bn
Ballin' bigger than LeBron
Rihanna is now a billionaire, worth $1.7bn.
Much of her financial success is down to her make-up brand - Fenty Beauty, which makes up $1.4bn of her worth, with her stake in Savage x Fenty, her lingerie endeavour which is worth $270 million, as well as her earnings from music
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Fenty Beauty is 50% owned by luxury brand LVMH, which is chaired by Bernard Arnault, the second richest person in the world, and is part of a number of different beauty endeavours that Rihanna continues to run, including Fenty Skin.
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While Rihanna continues her business pursuits, many are still waiting for her to release music, as she has not officially announced her retirement.
2015’s ‘Anti’ was well received, and many have been waiting for a full-length album from RiRi ever since.
Tope Olufemi is Mixmag’s Digital Intern, follow them on Twitter