Rihanna net worth revealed as she’s dubbed BILLIONAIRE as her Fenty Beauty line outearns Kylie Jenner’s Kylie Cosmetics
RIHANNA has surpassed Kylie Jenner's financial status as the singer has reached a net worth of $1.7billion due to her Fenty Beauty makeup line.
The singer has been declared the wealthiest female entertainer in the world "second only to Oprah Winfrey" according to Forbes.
$1.4 billion of her massive fortune has come from her Fenty Beauty line, which she founded so that “women everywhere could feel included.”
The international star's lingerie line Savage x Fenty ranks in at a net worth of about $270 million, and the rest of her fortune amounts from her chart-topping music career.
has a 50/50 joint venture status with the French luxury goods conglomerate LVMH, and together they focus on providing 50 shades of foundation for people of all skin colors.
After years of consistent album releases, Rihanna hasn't revealed a new music compilation since Anti in 2016.
“She is creating a brand outside of herself. It’s not just about Rihanna. Even if you don't like her music, she’s created a real style in the fashion and beauty space," Coyne claimed.
BYE BYE BILLIONAIRE
In June of 2020, Forbes revealed that Kylie Jenner after she had "inflated the size and success of her business for years."
However, after a re-evaluation in May of 2020, they concluded that
The publication explained that "a more realistic" account of her "personal fortune" is just under $900million.
Kylie slammed Forbes for going back on their original statement, writing on Twitter: "What am I even waking up to. I thought this was a reputable site.
"All I see are the number of inaccurate statements and unproven assumptions lol."
"I've never asked for any title or tried to lie my way there EVER. period," she ranted.
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"'Even creating tax returns that were likely forged,' that's your proof? So you just THOUGHT they were forged? Like actually what am I reading."
In 2019, Kylie sold 51% of Kylie Cosmetics to Coty for $600 million, and as of 2021, the company is worth around $1.2billion.