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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) valuati...

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 10...

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Rihanna On Forbes Billionaire List

Forbes names singer Rihanna the ‘richest female musician’ in the world