BY IVAN THOMAS-HICKS
Robyn Rihanna Fenty also known as Rihanna, launched the beauty brand, of which she owns 50%, with the French luxury conglomerate LVMH in 2017. In its first year, Fenty Beauty achieved sales of $550m, far more than other celebrity-endorsed makeup range. Forbes estimates that the company is now worth “a conservative $2.8bn”.
Her stake in in the company, combined with a 30% stake in the lingerie line Savage X Fenty and money generated during her 16-year career as a recording artist, take Rihanna’s fortune to $1.7bn, according to Forbes. That makes her the wealthiest female musician/entertainer on the planet.