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Fenty’s Fortune: Rihanna Is Now Officially A Billionaire

Rihanna is now officially a billionaire #SelfMadeWomen

8/4/2021 1:36:00 PM

Rihanna is now officially a billionaire SelfMadeWomen

How the singer became the richest female musician on the planet. Hint: it wasn't performing.

Madeline BergWhen Robyn Fenty, known to the world as Rihanna, launched Fenty Beauty in 2017, she sought to create a cosmetics company that made “women everywhere (feel)included.” A perhaps unintended consequence: The beauty line has helped her enter one of the world’s most

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exclusiveRihanna is now worth $1.7 billion,Forbesestimates—making her the wealthiest female musician in the world and second only to Oprah Winfrey as the richest female entertainer. But it’s not her music that’s made her so wealthy. The bulk of her fortune (an estimated $1.4 billion) comes from the value of Fenty Beauty, of which

Forbescan now confirm she owns 50%. Much of the rest lies in her stakein her lingerie company, Savage x Fenty, worth an estimated $270 million, and her earnings from her career as a chart-topping musician and actress.While Barbados-born Rihanna isn’t the only celebrity to capitalize on her social media presence —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. Fenty Beauty, which is a 50-50 joint venture with French luxury goods conglomerate LVMH (run by Bernard Arnault, the world’s second richest person), launched in 2017 with the goal of inclusivity. Its products come in a diverse range of colors—foundation is offered in 50 shades, including harder-to-find darker shades for women of color—and are modeled in its advertising by an equally diverse group of people.  headtopics.com

Available online and at Sephora stores, which are also owned by LVMH, the products were an instant success. By 2018, its first full calendar year, the line was bringing in more than $550 million in annual revenues, according to LVMH, beating out other celebrity-founded brands like Kylie Jenner’s Kylie Cosmetics, Kim Kardashian West’s KKW Beauty and Jessica Alba’s Honest Company.

“A lot of women felt there were no lines out there that catered to their skin tone. It was light, medium, medium dark, dark,” says Shannon Coyne, cofounder of consumer products consultancy Bluestock Advisors. “We all know that’s not reality. She was one of the first brands that came out and said ‘I want to speak to all of those different people.’”

Rihanna (R) and A$AP Rocky are seen filming a music video in the Bronx on July 11, 2021 in New York City.Raymond Hall/GC ImagesWhile cosmetics sales slowed during the pandemic, beauty companies are worth as much as ever. Stocks of larger beauty conglomerates like Estee Lauder and L'Oreal have bounced back, reaching all-time highs and trading at impressive 7.5 (or more) times annual revenues. Meanwhile independent brands like Beautycounter and Charlotte Tilbury inked deals with investment firms earlier this year at billion-dollar valuations.

That is good news for Rihanna. Thanks to the impressive multiples at which beauty companies are trading, Fenty Beauty is worth a conservative $2.8 billion,Forbesestimates. And all signs point to the company continuing to grow. In its annual report for 2020, LVMH said Fenty Skin, which launched last year, was off to a “very promising start” and “generated unprecedented buzz,” and that Fenty Beauty"maintained its appeal as a premier make up brand." headtopics.com

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Wow ❤️😭🌍🦋 Wow podbitcoin FineBit Tokensale starting soon on 28th Aug... Strange MylifeVana GirlfromBikita Heya Ab aya woh farmer wale tweet ka paisa. Who cares innomatijane Yes girl 🙌🏼🙌🏼🙌🏼🙌🏼 Good for her - talent and hard work = success. Hope she gets to enjoy it and relishes in the satisfaction of her achievements.

she monopolized the untapped market of lingerie for obese women. telling them they're queens and perfect. those women now have no desire to lose any weight & gain nothing but a few pairs of lace they can put on for.. no one. maybe rihanna, she thinks your super hot. chachiiing

Rihanna is Dropping a Fragrance—and the Bottle Has a Special MeaningFenty Parfum Means We Can All Finally Smell Like Rihanna

**Please help Paul** support him by sharing on facebook and twitter etc Jay z kept his word And if somebody woulda told 'em that Hov' would sell clothin' Not in this lifetime, wasn't in my right mind That's another difference that's between me and them, hah I smarten up, open the market up purrr Right now at Drakes mansion:

thatblackboy09 She's making more money from Fenty brand than she ever did with music lol The girl work hard for HER money, but yet y’all bashing her cuz it wasn’t “just hard work alone” Y’all know something I don’t? dj_ABL We ain’t never hearing a Rihanna album anytime soon.. Don’t mean to use our teacher voice but if you put in the work, the results will come! Good for Rihanna👏 SelfMadeWomen

Good for her! She is a great American success story. For that success some people will envy her, try to knock her down and our great senators elizabethwarren will demonize her for being too rich.

How Rihanna's First-Ever Fragrance for Fenty Beauty Really Holds Up - E! OnlineRihanna is expanding her empire with Fenty Beauty's first-ever fragrance, which E! News tested before its release. Get the scoop on the brand's debut perfume. Beautiful Love it 😍

Alyssa_Milano Yeah,... she's so much more than that!♓👑❤️ Seriously who the hell is buying her garbage music and buying her garbage products!? Good on her. I wish her all the best. Now making music is not even a side hustle, its a hobby😪 Good baby. Rihanna will be different. Watch. Guesty22 World is fucked.

NinjaEconomics Disgusting.

Shop the Savage x Fenty Caramel Curves Biker Drop For Less Than $30 a PieceRihanna enlists the New Orleans-based, all-women, all-Black biker gang Caramel Curves to star in Savage x Fenty's first all-curve campaign — shop

NinjaEconomics I wanna see her space rocket. StephanieBusari Go gurl!!👏🏽 Unstoppable 🤩 Truly self-made. But can we get some music please? Well damn.. Goodbye to music So one person sat down to think of an organization that'd help to calculate people's net worth and brought about Quite impressive. Do they even audit themselves, BTW?

💪💪💪💪🧿 ASAP Donate all is money for Love No shit it isn't her music. It's either the devil or she endorsed Valtrex. sksksks sis better get it 🤩🤩❤️

This is Your Chance to Smell Like RihannaEverything we know about Rihanna's new fragrance coming soon. Beautiful inside and out. CLASS!!! THATS ALL I GOT.💯💯💯💯

All love♥️congrats Rih Not bad for a girl from a small island! Well done, RiRi! She insulted our Indian god by wearing God Ganesha's pendant on nude body? She's a billionaire to you, she's a trillionaire to us brysontiller Fun Fact, she actually still a Millionaire finally brysontiller queen +uj1kuekeoeo43ó3 I 272imwh3hwhajwjwww=wkwkw(^kwwwľow3o3o3o3o33{3o3o3o3o3oo3o33o3o3o3o3o3oo33o3o3o3oo3ooo33o3oooo is the only one on my friend who is in a p of a 4oieiwiwkwiiwiwiiwiwiwiiwiwokw{o^owowo^{wowowoo^owoowoo2oeoo^o3o3{is gh7u76666y7yjuuu

Still a boss-eyed minger though!😬 From being bankrupt in 2009 to this, that’s remarkable

The First Fenty Perfume Is HereAnd it took Rihanna an hour and a half to pick the perfect cap for her perfume bottle

mitirikpwe Active tweeps here⭐️ lulanzeashiraf prAfricanChild1 LynDaphine welyamsdhae Astromusic__ 256Pencil Let's grow our accounts together!🐶 ProudAfricanChildat9k🦄 follow each other to gain Now I can sleep a lot better 'self made' ? One of the most famous producers alive saw her and brought her to the US, hooked her up w JayZ who immediately hired her to a 6 record deal. Lol. That's not at all what self made means.

Kris Jenner will …. Show us your ****! She’s just the best, life would be so much worse without her visions influencing culture That's why she stopped making music 😭 🔥🔥 Great and wonderful but I really don’t care. As long as she gives back and isn’t greedy. Hopes she makes a well needed difference with it somewhere.

When's she going to space?

This is Your Chance to Smell Like RihannaEverything we know about Rihanna's new fragrance coming soon. mnaen ihavemy own thrills but i share the article as randomactof kindness itsounds like a critically mean cynic thing I wonder if her smell is good.

Her best move would be to play today's equivalent of Gina in the remake of Scarface with me as the new Scarface...not todays Elvira. Sorry Rihanna... Please don't say that some race is oppressed in overrall in a country where there are President, Defense Secretary, senators, congress members, billionaires etc from them.

Smart business woman. Like others ahead of her. Women need to know, the only ones who will take care of you IS YOU! Congratulations! Do good things with your good fortune. Comprame una casa Ek tweet karo 10crore packet me aayega rihanna, if you're in the mood to pay off a mortgage... Did your team check her books or I thi also a Kylie case ?

SELF-MADE AT THAT TOO!

tinha que ser minha mulher 😍 Why Eat the Rich. Or are we just gonna play favorites? This is great news for Rihanna. Not so sure about the “self made” part, unless she did it independent of any other humans or resources. 🤷🏾‍♂️ She earned it. Awesome. Her makeup is so freaking good and finally gave dark skinned women easily accessible, luxurious cosmetics. She managed to create a line that can be used by every single skin tone and type which was a huge feat.

In case yall forgot.🔥 Must be the “rigged/racist” system that made her a billionaire Meeeennnn I’ll kiss her forehead Self-made queen 👑

it’s the way y’all never give this energy to Bill Gates or Jeff Bezos. But as soon as a Black Women becomes a billionaire it’s all of a sudden a problem Another billionaire... Don't care about Jeff Bezos or Bill Gates. Don't care about Rihanna either. Billionaires shouldn't exist Congratulations to the makeup lady

I WILL NOT TOLERATE ANY RIHANNA SLANDER!! I never become a millionaire self😂 👑 And she's earned every penny. Meaning she’s stingy with her money and don’t donate! Why does her picture look water painted? Is she that hideous she don’t show her face I don't know about this. I am pretty sure that she have been a billionaire for a decade already!

Hard working since 15. Respect. Kris Jenner right now… 🤣😂🤣😂🤣 rihanna is a bonafide goddess. And, like most fully functional adults, I hope that ASAP Rocky turkey is frigging her real real well. Second to Oprah! Yes black women/girls rock! I need help !!! Play me - Billionaire by Travie McCoy ft Bruno Mars . 🤑🤑🤑🤑

Her real legacy is Domestic violence but she sold out to cancel culture Can I hold a dollar? rihanna She on Tinder? Surely, another victim of systemic racism.

Samweljuma57 👑👑👑👑 Congrats even thou she won't see this❤😍 ヘ😁ノ💕💕💕ヘ😁ノ💕💕💕ヘ😁ノ💕💕💕ヘ😁ノ💕💕💕ヘ😁ノ💕💕💕ヘ😁ノ💕💕💕ヘ😁ノ💕💕💕ヘ😁ノ💕💕💕ヘ😁ノ💕💕💕ヘ😁ノ💕💕💕ヘ😁ノ💕💕💕ヘ😁ノ💕💕💕 IKDR! People really hating’ on Rihanna in here. This is why fashion and cosmetics are stupid. If someone can make a billion fucking dollars that quickly, then clearly you are being scammed

how much of that is liquid assets? That hope of Rihanna realeasing new music is gone and I mean Gone Gone. 😭😭😭

Instrumentals available for movies, etc, Apple/iTunes • Amazon • Tidal • Spotify • iHeart Radio • YouTube Music • Sickening. We dont need any more billionaires. Consumers are such trendy sheep. Time for Jamaican Twitter to take ownership of Rihanna again! Anytime a person of color becomes rich, I applaud them. It is NOT easy for them to get there without the generational wealth that rich white people can tap into.

Black people are so oppressed I’m interested to hear how white supremacy factors into this….in a society fueled by racism and hatred, how does a person of color (a woman no less) rise to billionaire status? well what do you.. sex sell's afterall. pathetic. Amazing rihanna Congratulations!!

'Oppressed' ones With the news that rihanna is a billionaire, let it be said that WE asked her to marry us long before she had money. Rihanna SavageXFenty 👏 That's My Shawty Righht Der Rihanna Someone tell Rihanna I do account management 😂😂😂 i’ll allow this one billionaire Yassssss!!! So proud of Rihanna a great thing another black woman is so happy for you? Lol I am cheering and rooting for you. I thank God The Holy one has blessed you, I'm really happy for you as though it's me. much love 💘

'it's bot her music that's made her so wealthy' YES TF IT WAS. Her music is what allowed her to buy into 50% of that company, so yes, indirectly, her music is responsible for her being a billionaire Hard grind 💯💯💯 Thelifeofhoxin asvpxrocky mata e ja ka nama

Why does it matter? And now to the comments for the self-righteous haters No, she’s not. 👸🏼❤️💎 Elle ne chantera plus jamais 😭. And I see no liberal hate toward this billionaire? Bozo party eQuAliTy my fav 😍😍i know that’s right This is what self made actually means. so everyone just automatically hates rich people now?

🧡💛🐉🌚🔓🚪😏💯 Nobody said life was fair What I pray for my niggas sarahkunst Shh, keep it to yourself. A dollar figure is not the measure of a man or woman. As she should RexChapman ... and beautiful one. as she should be. So to all my billionaire eaters, is she now evil? Not a big fan of her music but I really admire her! In your face Chris Brown chrisbrown billionaireinyourfacechrisbrown

go wifey go

Beloved did it ❤️🥰😘💰💰💰💰 🏦🏦🏦🏦🏦 rihanna love u We never getting new music. My giiiiirl 😍😍😍😍😍 What would I do with that much money 🤔 I’ll never find out Good for her tho 👏 I've always been a friend of rihanna! 🤣 THE definition of self-made Proud Rihanna Navy member🥳🥳🎂💃🏽 QUEEN as she should

I get that you might love Rihanna but nobody needs this kind of money. I'm not against her as a person but I am against celebs monopolising/gatekeeping industries and stopping others from succeeding while they hoard all the money.

Illuminati pays well. Does AOC think she is a policy failure too? Or it really just black & white? THIS is what self-made really looks like. Smashed it 👍🏽 EVERYTHING YOU NEED TO KNOW ABOUT RIHANNA BILLION DOLLAR FORTUNE IN 30 SECONDS It is because of Blackprivilege Love this for her 👏🏾 Congratulations it was always coming 👌🏼now Beyonce loading...

And they say black people are oppressed in america? What an amazing legacy she’s building. Queen, as she should be!! 😭😭🤍 i need her to make a song flexing her riches. 🦦 Fenty beauty was the right path for her me thinks She got that Oprah money. SelfMadeWomen Of course Love to see it! DONJAZZY see o THE ONLY BILLIONAIRE I SUPPORT 😤💙

Berryoflala My Female favorite artist of all time.. I love you Riri ❤️💯 How did she do that in a land that holds black people down? I am God! Lol Y'all better get my money too me she is in hell and is in pain! atsudavoh We’re billionaires now😁 I love me some Riri. Adedotttttttt My wife Deserved ! Congrats Rihanna !!

And I am here officially broke Good for her. Now to sit back and enjoy the lazy and incompetent lose their minds because they can’t or won’t do what it takes to achieve the same thing. Love it!! Love Rihanna!

Empress builds an empire. The bigger they are are, the harder... Stop with the ILLUSION! You know that RIHANNA is an Entertainment Slave. YOU know that is not her money. Stop fooling the public. If she does one thing wrong, you will take it back. There are people out here aware of your sinister agenda. :(

Get em! Moratwe_ Gal power How? What has she done last 7 years? Her and Kanye were signed by Hov and are now billionaires.. Interesting then drop that fenty album already tf enlongated She will never sing again! 😭😭 JalilSahar4 🔥🔥🔥

unapologhetto As she should ! Proud of you Queen rihanna 😭👏👑 Seems like every jack and Tom can now become one... Fuck it, Ama be one. 🙂 Wow! She's so smart! Woop 🙌🏽 gyaigyimii What about me🤣 gyaigyimii rihanna you good? Can she now release an album? 😍😍😍 gyaigyimii Eeii Dab3n na yenso y3 b3 duru h)😂😂😂y33 bl33 Oo

gyaigyimii I want to follow you back and tell everyone to follow you too Comment 'I Follow Back' and I will retweet and like Follow me first 🥰 FixTheCountry Congrats. Now that is Self Made unlike u know who She has been a billionaire for a long time but they didn't write. As she should! Miss_Veraaa Are we still going to “Eat the rich” or that only reserved for certain individuals ? Rihanna Riri

Return on investment (ROI) is surely paying off What💸💸💸 I love this for black women 👏🏾👏🏾👏🏾❤️❤️🎊🎊 Bad gyal Riri🔥❄I stan Queen 👸👑

DONJAZZY celebrate grace it working , plz put more effort she is yours Artwork The Anthropology for sale oil on canvas 100/200cm humans’s body and cultural development post by DHL I'm joining Her soon 😊 .... album's coming now Fake news this can’t be true America is racist She has come so far . Enormous W🥺

The richest on the planet is Beyonce SizweDhlomo work work work work What about me Forbes

I'm sure it's been a while since y'all seen a good ghost pepper challenge As she should Bitch better have here money rihanna Babe am coming for you🥰 Hope it doesn't turn out like Kylie Jenner! Good For her, I’m officially not Shine like a diamond Likh leta hu