Rihanna Is Now The Richest Female Musician in The World

Richer than Beyonce...
Author:
Publish date:
Updated on

Beyonce & Jay-Z might be the powerhouse couple of the music industry, but Rihanna is taking the world by storm on her own, at least when it comes to making bank.

And by bank, we're talking serious bank. According to Forbes, the 31-year-old pop singer is officially the richest female musician in the world with a net worth of US$600 million (AU$867,000).

The 2019 rankings put her well above her nearest female competitors such as Madonna (US$570 million), Celine Dion (US$450 million) and Beyoncé (US$400 million). While impressive, Rihanna is still only the 37th richest self-made woman in America, dwarfed by heavy hitters like Oprah Winfrey (#10 with US$2.6 billion).

Aside from her musical endeavours, Rihanna's wealth jump is primarily due to the success of her cosmetics line, Fenty Beauty, which reported US$100 million in revenue in the first few weeks after its launch in September 2017 alone. 

Last year, the LVMH-owned brand raked in a whopping US$570 million in revenue. In total, her company as a whole is worth over US$3 billion, and bag gal Rhi Rhi is estimated to own about 15 per cent of it. Luxury goods powerhouse LVMH is on a roll at the moment, so it's to no surprise Rihanna's personal success is skyrocketing alongside it.

RELATED: Michael Jordan's $2.7 Billion Net Worth And How He Spends It