American pop star and entrepreneur, Rihanna has made her first appearance on Forbes’ annual billionaires list.
According to a publication by the Forbes, the 34-year-old worth a cool Ksh.197 billion ($1.7 billion), attributing most of her wealth to her successful business ventures and beauty. Her music adds up to the least stake.
RiRi’s stake in her Fenty Beauty—the fastest-growing cosmetics line—makes up the majority of her wealth.
The company, which she co-owns with luxury conglomerate LVMH, reportedly racked in more than Ksh.63.3 billion ($550 million) in revenue in 2020.
She also has a 30 percent stake in her Savage x Fenty lingerie line, which raised approximately Ksh.13.2 billion ($115 million) in series B funding at a Ksh.115.1 billion ($1 billion) valuation in early 2021.
The “Work” hit maker who is also expecting a baby with lover A$AP Rocky, has now reportedly been rated as the first billionaire to originate from Barbados, her home town.
She ranks at number 1,729 on the billionaire starred list, joining other entertainment bigwigs, among them Kim Kardashian, Kanye West, and Jay-Z.