Rihanna officially became a billionaire this month, making her the wealthiest musician in the world, as reported by Forbes. But, surprisingly, the bulk of her wealth doesn't come from her chart-topping music but her ultra-successful Fenty Beauty line, valued at a whopping $1.4 billion.The Grammy-winning musician is just the latest in a long line of Black entertainers making a name for themselves in the business world. This week, Beyoncé will drop her fifth collection for Adidas with Ivy Park, the...
Rihanna
She hasn’t released an album in more than five years and has appeared as a guest on a grand total of one single in the past 12 months, but Rihanna’s world domination now extends far beyond music. The artist is the wealthiest female entertainer in the world, according to Forbes, which estimates her fortune at $1.7 billion — second only to Oprah Winfrey. As its sales soar, her Fenty Beauty company continues to promote inclusivity and social change, while Rihanna’s lingerie brand, Savage x Fenty, raised $115 million in early 2021 to further its growth. Throughout the pandemic, her charitable impact has been deeply felt through multimillion-dollar donations to numerous COVID relief orgs, and in November the Caribbean native was honored by Barbados during its presidential inauguration, with the new republic declaring Rihanna a national hero.