You probably woke up today to see that Rihanna is one step closer [1] to taking over the world. Kidding. . . sort of. The multihyphenated star just made it onto the billionaire list, securing her spot as the wealthiest woman musician [2] on earth. But her new billionaire status isn't only because of her music career (despite how frequently we still blast "Umbrella") — it's largely thanks to her makeup brand Fenty Beauty.
How much is Fenty Beauty worth, exactly? According to Forbes' estimates, Fenty Beauty is worth a total of $2.8 billion. Because Rihanna [3] owns 50 percent of the makeup company (the other half is owned by its parent company LVMH), that means roughly $1.4 billion of Rihanna [4]'s wealth comes from the brand. Given that the star's total net worth is $1.7 billion [5], that means a good chunk of her money comes exclusively from the beauty industry. Talk about a lucrative business.
For context, Rihanna launched Fenty Beauty in 2017, then, shortly after, she expanded into the fashion space with her lingerie line Savage x Fenty in 2018. Fast forward two years later, and she brought us Fenty Skin [6] in 2020, which is still on the newer side but off to a successful start.