Sensational musician Rihanna is the newest millionaire in town.
Rihanna was on Wednesday, August 4, listed by Forbes as one of the richest entertainers in the world, joining the likes of Oprah Winfrey. According to Forbes, Rihanna’s net worth is estimated at KSh 100.7 billion.
the latest development came about four years after launching her successful beauty line, Fenty Beauty. The new listing made her the richest female musician in the world.
Rihanna not only owns 50% of Fenty Beauty, which is named after her given name, Robyn Rihanna Fenty, but she also has a major stake in the lingerie brand Savage X Fenty. Forbes confirmed that Riri is not the second richest wealthiest female entertainer after Oprah Winfrey. The musician’s stake in her cosmetic company is valued at KSh 100.4 billion, while her stake in the lingerie company is worth an estimated KSh 27,000,000,000. Rihanna made a lot of money from her businesses but her music career also added to her heavy portfolio.
Many across the world were impressed by the milestone and took to different social media pages to celebrate her.