Rihanna makes debut on Forbes’ Annual Billionaires list

The musician’s net worth is now $1.7 billion, thanks to her Fenty Beauty empire

Popstar Rihanna has officially has made it to Forbes’ Annual Billionaires list! On Wednesday, April 6, the mother-to-be landed herself a highly-coveted spot on Forbes' billionaires' list for the first time ever, ranking in at number 1729, all credited to her USD $1.7 billion net worth.

However, while one may assume her numerous Platinum record-breaking albums would land her the place, it was actually her makeup line, Fenty Beauty. Her entrepreneurial venture has now become the reason behind her most pivotal earnings since its launch in 2017.

Currently, boasting an estimated net worth of USD $2.8 billion, its first year of success saw it fly past the annual incomes of other celebrity-run beauty brands, among the likes of Kylie Cosmetics and Kim Kardashian's KKW Beauty.

Rihanna owes her wealth to be inclusive in her ventures. "A lot of women felt there were no [makeup] lines out there that catered to their skin tone. It was light, medium, medium-dark, dark—we all know that's not reality," Bluestock Advisors co-founder of consumer products, Shannon Coyne, reportedly told Forbes. "She was one of the first brands that came out and said, 'I want to speak to all of those different people.'"

Also, according to People magazine, this isn't the first time that Forbes has declared RiRi's billionaire status. In fact, back in August 2021, the publication announced that Rihanna's newfound billionaire worth saw her become the richest female musician in the world, as well as being the world's most successful beauty entrepreneur. She is also the first person from Barbados to ever make Forbes’ list.

Alongside Rihanna, musicians Kanye West and Jay Z also made the list. Topping the list this year is Tesla and SpaceX CEO Elon Musk, who is worth $219 billion and is the world's richest person, according to Forbes.

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