Rihanna has officially hit billionaire status, reports Afro Tech.
The singer, born Robyn Fenty, didn’t just rise to the top as an entertainer, but over the past few years she’s become quite the businesswoman thanks to Fenty Beauty — the cosmetics company made to make “women everywhere (feel) included.”
After launching in 2017, Fenty Beauty is now the reason that Rihanna has hit billionaire status. The 33-year-old is now worth an estimated $1.7 billion, according to Forbes.
Not only does this make her the wealthiest female musician in the world, but now Rihanna is alongside Oprah Winfrey as the richest female entertainer.
An estimated $1.4 billion of her fortune is all thanks to Fenty Beauty which the “Love On The Brain Singer” owns half of. The rest of her coins comes from her lingerie company, Savage x Fenty, which is worth an estimated $270 million and the remaining amount is thanks to the money she’s made as chart-topping musician and actress.
The Barbados native has even capitalized off of her social media presence with 101 million Instagram followers and 102.5 million followers on Twitter. Her social media has not only helped her to build a beauty brand, but she is now one of the most successful beauty entrepreneurs to do so.