Rihanna Is Officially A Billionaire, Forbes

According to a Forbes report, the 33-year-old Barbadian singer is now the wealthiest female musician in the world.

Rihanna has joined the billionaire’s club officially and she is smiling at the bank in grand style.

Her beauty line, Fenty has helped her join the billionaires club and she is now worth $1.7 billion, Forbes estimates making her the wealthiest female musician in the world and second only to Oprah Winfrey as the richest female entertainer.

The majority of her fortune (estimated at $1.4 billion) comes from the value of Fenty Beauty, of which Forbes can now confirm she owns 50%. The rest lies in her stake in her lingerie company, Savage x Fenty, worth an estimated $270 million, and her earnings from her career as a chart-topping musician and actress.

Fenty Beauty is worth a conservative $2.8 billion, Forbes estimates. She has 101 million followers on Instagram and 102.5 million on Twitter to build a beauty brand, she is the most successful beauty entrepreneur to do so.