Rihanna Is The Richest Female Musician In The World

Rihanna Is The Richest Female Musician In The World

Yep! You heard that right. She's a pop music star, makeup entrepreneur, lingerie designer and now the first black woman to head a luxury fashion house. And on Tuesday Forbes Magazine told us Rihanna is the richest female musician in the world. The proof of this is in her whopping 600 million dollar empire.

The 31-year-old, born Robyn Rihanna Fenty in Barbados, has amassed wealth exceeding that of Madonna, Celine Dion, and Beyonce. We also gathered that Jay-Z, her former boss at Def jam was recently named the world’s first billionaire rap star. Rihanna's estate is valued at about 600 million dollars, according to world renowned  U.S magazine Forbes. Madonna's estate comes in next at 570 million dollars. Next is Celine Dion's estate, which is valued at 450 million dollars, and Beyonce's 400 million dollar estate comes next.

Rihanna was left nearly bankrupt by the end of 2009, despite a red hot career. And it wasn't because of her shopping habit. The music mogul sued her former accountant after she claims that his bad advice caused her to lose $9 million in one year. She eventually settled out of court for $10 million.

richest female musician

The Richest Female Musician In The World Was Almost Bankrupt Once

Since her entry into  the music scene in 2003, she has risen with her triumphs in music, and evolved into a business woman and entrepreneur. Rihanna launched her makeup brand Fenty Beauty in September 2017. The brand is co-owned by French luxury giant LVMH, owners of the beauty line Sephora. The brand was successful, thanks to Rihanna’s fame both on and offline. It recorded $570 million in revenue last year after only 15 months of business.

According to Forbes magazine, she makes the majority of her money from touring and musical releases, but also co-owns her Savage X Fenty lingerie line.

In early 2009, Rihanna was beaten by her boyfriend, fellow R&B star Chris Brown, in an incident that was widely covered by tabloid news and gossip blogs. Following their separation, he was convicted of assault. Rated R, the album that followed later that year, was marked by icily stark production and brooding lyrics that touched on revenge. Although her sales declined somewhat, she scored another major hit with “Rude Boy.”

Rihanna’s recent ranking puts a fresh new spin on one of her signature lyrics — “work, work, work, work, work,”. The song opened her 2016 dance-hall hit “Work.” If the song is any indication, we're not surprised where work has gotten the songstress.

 

Source: Guardian NG

Also read: Jay-Z Is The World's First Billionaire Rapper, According To Forbes

Written by

AyeeSha