Rihanna becomes wealthiest female musician

Iconic singer, Rihanna has emerged as the wealthiest woman according to Forbes.

This was disclosed by Forbes on its Instagram page on Wednesday, August 4, 2021.

According to the publication, the singer is worth an estimated net worth of $ 1.7b (N698.7b).

Forbes stated that she joins the billionaire league due to the success of her cosmetic company, Fenty.

Part of the lengthy post reads: “When Robyn Fenty known to the world as Rhianna, launched Fenty Beauty in 2017, she sought to create a cosmetics company that made “women everywhere (feel) included.

“A perhaps unintended consequence: The beauty line has helped her enter one of the world’s most exclusive ranks: Billionaire. Rihanna is now worth $1.7billion, Forbes estimates – making her the wealthiest female musician in the world and second only to Oprah Winfrey as the richest female entertainer. “